On Thursday, Russia’s chief oil official advocated for OPEC+ oil producers to move forward with their scheduled output increase, citing an anticipated rise in summer demand.“To ensure and balance it, we need to return to the market part of those voluntary reductions that were adopted in 2023,” Russian Deputy Prime…
JPMorgan Chase and other fund managers are swarming into emerging markets as volatility clouds global financial assets amidst the…
The International Monetary Fund warns that Europe is slipping into stagnation without massive efforts to change the tide. The rising…
Brazil’s Central Bank hiked its benchmark interest rate, the Selic, to 15%, the highest since 2006, suggesting a firm…
A recent government report from the Canada Mortgage & Housing Corp. (CMHC) indicates that even a doubling of homebuilding…
Citing export curbs, China’s overseas shipments of rare earth magnets plummeted in May, falling to their lowest levels in…
Iran’s economy is barely holding together. In fact, it was collapsing before the war even began.As missile strikes with…
As the US Fed is expected to keep benchmark interest rates unchanged, the US President intensified his long-standing criticism…
The Federal Reserve on Wednesday kept its benchmark interest rate unchanged, holding the target range at 4.25% to 4.5%,…