Türkiye and Indonesia Strengthen Economic and Trade Cooperation
ANKARA — Türkiye and Indonesia have reaffirmed their commitment to expanding economic cooperation, with both sides focusing on trade, investment,...
Global Economy
OECD Report Examines How Social Protection Systems Are Being Financed
The Organisation for Economic Co-operation and Development (OECD) has published a new report examining how countries finance social protection systems...
UNCTAD Releases New Data on Sustainable Finance and Infrastructure Investment
The United Nations Conference on Trade and Development (UNCTAD) is releasing new analysis on sustainable finance and infrastructure investment on...
UNCTAD Examines How AI Could Reshape Global Investment and Industrialization
The United Nations Conference on Trade and Development (UNCTAD) is examining the growing connection between artificial intelligence, investment and industrial...
OECD Report Highlights Growing Economic Importance of the Global Space Economy
The Organisation for Economic Co-operation and Development (OECD) has released a new data-driven assessment showing that space activities are becoming...
ADB Urges Developing Economies to Strengthen Fiscal Defenses
The Asian Development Bank has urged developing economies to reinforce their fiscal positions as higher borrowing costs, currency pressures and...
Oil Prices Surge as US-Iran Fighting Raises Fresh Fears Over Strait of Hormuz
London, September 8, 2026: Global oil prices have climbed sharply as renewed military confrontation between the United States and Iran...
Qatar Warns Prolonged Hormuz Crisis Could Trigger Global Industrial Shock
Doha, September 8, 2026: Qatar has warned that a prolonged crisis around the Strait of Hormuz could develop into a...
UK Finance Chief Faces Fiscal Balancing Act as Government Prepares Major Economic Reset
LONDON — Britain’s new finance minister, John Healey, is preparing to outline a major economic strategy as the government attempts...
Greece Unveils €3.5 Billion Tax and Wage Package as Mitsotakis Rules Out Early Election
ATHENS — Greece is preparing a major economic support package worth about €3.5 billion ($4.06 billion) after Prime Minister Kyriakos...
US Debt Surpasses $40 Trillion as Rising Borrowing Costs Put Fiscal Outlook Under Pressure
WASHINGTON — The United States is confronting a growing fiscal challenge as its national debt has moved beyond $40 trillion,...
Japan Rate Hike Bets Rise as PM Adviser Predicts Bank of Japan Move in September
Expectations of a Bank of Japan interest-rate increase this month have strengthened after an economic adviser to Prime Minister Sanae...
Japan Adviser Signals September Bank of Japan Rate Hike as Yen Weakness Fuels Inflation Concerns
TOKYO — Japan's central bank could raise interest rates as early as this month, according to Takuji Aida, an economic...
IMF Examines How War Can Reshape Economies and the Path to Recovery
The International Monetary Fund is examining the deeper economic consequences of war, with a newly published study focusing on how...
World Bank Sees Opportunity for Zimbabwe to Turn Economic Stability Into Long-Term Job Growth
HARARE — Zimbabwe has an opportunity to build stronger long-term economic growth and expand formal employment after recent improvements in...
South Korea’s Exports Break Full-Year Record as AI Chip Boom Accelerates
SEOUL — South Korea has already surpassed its previous full-year export record, powered by an extraordinary surge in semiconductor shipments...
OPEC+ Freezes October Oil Output Policy Amid Global Supply Uncertainty
RIYADH — OPEC+ has decided to keep its oil production policy unchanged for October, pausing further adjustments as major producers...
Asian Development Bank Backs Palau’s Push for Greater Fiscal and Energy Resilience Amid Global Economic Shocks
The Asian Development Bank (ADB) is supporting efforts to strengthen Palau’s economic and energy resilience, as the Pacific island nation...
China’s Services Trade Reaches $655 Billion as Travel and Transport Exports Drive Growth
BEIJING, September 4, 2026 — China’s services trade continued to expand strongly during the first seven months of 2026, with...
Dutch Central Bank Moves Gold Reserves to London Amid Global Uncertainty
Date: September 4, 2026Country: NetherlandsCategory: Business / Economy / National Security Netherlands Relocates 86 Tonnes of Gold to Strengthen Crisis...
Critical Minerals Enter a New Era as Supply Risks Rise Across Global Markets
The global race for critical minerals is entering a more complicated phase as demand continues to climb while governments and...
Indonesia’s Prabowo Arrives in Russia as Guest of Honour at Eastern Economic Forum
Indonesian President Prabowo Subianto has arrived in Vladivostok, Russia, to attend the 11th Eastern Economic Forum as a guest of...
Russia and Myanmar Discuss Stronger Economic and Regional Cooperation
Russia and Myanmar are looking to deepen their cooperation as senior officials from both countries discussed opportunities to strengthen bilateral...
Japan Unveils New Measures to Strengthen Economic Growth and Energy Security
Japan has announced a fresh set of government measures aimed at supporting economic growth, strengthening energy security and preparing the...
United States Leads Global Household Wealth Ranking as Wealth Gap Across Economies Remains Significant
Household wealth is heavily concentrated among the world's largest and most developed economies, with the United States occupying a dominant...
WTO Public Forum 2026 Programme Reveals 113 Sessions on the Future of Services Trade
The World Trade Organization has released the full programme for the 2026 WTO Public Forum, bringing together more than 500...
US Turns to Venezuela for More Oil, but Cheaper Gas May Still Take Time
Washington, The United States is moving deeper into Venezuela’s oil industry through a major new energy arrangement, but the deal...
Public-Private Cooperation Could Strengthen Economic Resilience Amid Global Uncertainty
Economic uncertainty is becoming an increasingly important challenge for governments, businesses and communities around the world. From disruptions in supply...
G20 Trade Accelerates in Second Quarter of 2026 as Goods and Services Demand Strengthens
Paris: International trade across the G20 economies gained momentum in the second quarter of 2026, with stronger merchandise imports and...
AI Could Deliver a Major Growth Boost for Sub-Saharan Africa, IMF Finds
Washington: Artificial intelligence could become a significant driver of economic growth across Sub-Saharan Africa if countries move quickly to expand...
Land Degradation Threatens Global Food Systems and Economic Growth, World Bank Warns
Washington: Land degradation is emerging as a major threat to agriculture, global supply chains and long-term economic development, with up...
Trump Highlights G20 Finance Meeting in North Carolina, Praises U.S. Economic Strategy
President Donald Trump participates in a joint press conference alongside Ukranian President Volodymyr Zelensky at Mar-a-Lago in Palm Beach, Florida,...
World Bank Data Highlights Huge Gender Gap in Youth Who Are Out of Work and Education
WASHINGTON — New World Bank data is drawing attention to a striking gender divide in the number of young people...
IMF Warns Global Economy Faces Uneven Growth as War and AI Reshape Outlook
IMF Washington,The International Monetary Fund (IMF) says the global economy has remained more resilient than expected despite major geopolitical and...
IMF Warns Emerging Economies Face Tougher Growth Environment as Global Risks Mount
Global Economy AI Generated Photo Washington, Emerging and developing economies are confronting a more complicated economic environment as geopolitical tensions,...
Guyana Emerges as One of the World’s Fastest-Growing Economies, IDB Report Says
Georgetown, Guyana continues to stand out among the world’s fastest-growing economies as its expanding oil industry drives exceptionally strong economic...
Uzbekistan Pushes Ahead With WTO Membership as 2026 Accession Target Remains in Focus
Geneva, Uzbekistan is continuing an intensive effort to join the World Trade Organization, with the country reaffirming its ambition to...
Global Trade Heads Toward Record Year as UNCTAD Warns of Rising Price Pressures
Geneva, Global trade remained on a strong growth path during the first half of 2026, but rising prices, geopolitical tensions...
G20 Trade Gains Momentum in Second Quarter as Imports and Services Activity Accelerate
International trade across the G20 economies gathered pace in the second quarter of 2026, with merchandise imports recording a particularly...
OECD Economy Expands 0.5% in Second Quarter as Global Growth Shows Mixed Signals
GLOBAL DATA AI Generated Image Paris, Economic activity across the Organisation for Economic Co-operation and Development (OECD) area strengthened slightly...
