Brazil’s fiscal picture is rapidly deteriorating, according to a stern assessment from the Independent Fiscal Institution (IFI), a technical advisory organisation affiliated with the Federal Senate. The IFI’s…
Greece is once again among the top NATO defence spenders, with fresh data showing the Mediterranean nation allocated 3.1% of its GDP to military expenditure in 2024. Only…
ING Group expects the US Federal Reserve to cut interest rates only in December as the central bank may wait for further economic cues.On Tuesday, US Federal Reserve…
Bitcoin extended its recovery on Wednesday, climbing to $106,000 after briefly dipping below the $100,000 mark earlier on Sunday. The rebound comes amid easing geopolitical tensions in the…
New York just witnessed one of the most unexpected political upsets in recent memory. Zohran Mamdani, a 33-year-old democratic socialist and state assemblyman, defeated former Governor Andrew Cuomo in…
To achieve its ambitious climate targets, Britain needs to significantly lower its electricity prices, according to a recent progress report from the nation’s climate advisers. This strategic move is…
Carnival Corporation shares rose sharply by more than 7% on Tuesday after the cruise operator delivered better-than-expected second-quarter earnings and raised its full-year forecast, offering a fresh wave…
Manufacturing output in the UK declined sharply in the quarter to June, continuing at a pace similar to that seen in the previous three months, according to the…
The US Consumer Financial Protection Bureau (CFPB) has seen a sharp reversal of enforcement activity and regulatory action under President Donald Trump’s administration, with an estimated financial cost…