President Donald Trump’s plan to raise the United States’ universal import tariff to 15% is likely to be implemented sometime this week, Treasury Secretary Scott Bessent said on Wednesday.The administration had previously announced a plan to increase the global tariff rate from 10% to 15%, but the change has yet…

According to the Producer Price Index (PPI) for the manufacturing and extractive industries published by the Brazilian Institute of Geography and Statistics (IBGE), prices in Brazil’s domestic industry climbed by 0.34% in January as opposed to 0.14% in December.After ten consecutive negative readings from February to November 2025, the January…

Currency markets rarely send clear signals during geopolitical crises, but the latest dollar surge arrived at a moment when investors were already uneasy about inflation, interest rates and rising government debt.Then the Middle East conflict added another layer of uncertainty. For a few days, the dollar strengthened sharply, oil jumped,…

Venezuela’s Gross Domestic Product (GDP) grew by 7.07% in the fourth quarter of 2025 compared to the same period the previous year, according to the Central Bank of Venezuela (BCV).For the entire year, GDP increased 8.66%, marking nineteen consecutive quarters of expansion, according to the official data. The growth was…

China set its 2026 economic growth target at 4.5%-5%, marking its lowest expansion goal since 1991 as policymakers confront domestic and external headwinds. The target was unveiled at this year’s National People’s Congress, part of the annual “two sessions” political gathering, alongside priorities from the forthcoming 15th Five Year Plan,…

Increased geopolitical risk, stemming from renewed military action in Iran, has severely impacted emerging market (EM) credit due to a broader risk-off environment and a spike in energy prices, according to a latest ING Group report. Specifically, Gulf Cooperation Council (GCC) sovereigns are experiencing pressure from the heightened regional instability, the…

The United Arab Emirates is considering restricting Iran’s access to billions of dollars held in the Gulf state, a move that could disrupt the financial channels Iranian businesses have relied on for years. The Wall Street Journal reported on Thursday that Emirati officials have warned Iranian authorities that such a…

Missiles are flying across continents, oil tankers have stalled, and insurance costs are surging. Around the world, people are asking the same question: Are we entering another global energy crisis?The conflict involving Iran, the United States, and Israel has shaken energy markets from Asia to Europe. Oil prices have climbed,…