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Tag: Global Economy

Business & Finance
Pakistan Repays $3.45B UAE Loan After $3B Saudi Aid

Pakistan Repays $3.45B UAE Loan After $3B Saudi Aid

Pakistan repays $3.45 billion to the UAE after receiving $3 billion in financial...

Business & Finance
Bitcoin Price Tops $78,000 on Ceasefire Boost: Report

Bitcoin Price Tops $78,000 on Ceasefire Boost: Report

The Bitcoin price surged past $78,000 to an 11-week high as Trump’s Iran ceasefi...

Business & Finance
China Holds Key Lending Rates Steady for 11th Month: PBoC

China Holds Key Lending Rates Steady for 11th Month: PBoC

China’s central bank keeps 1-year and 5-year Loan Prime Rates unchanged at 3% an...

Business & Finance
Korea Finance Minister Signals Market-Led Won-Dollar Rate as Currency Stabilises: Report

Korea Finance Minister Signals Market-Led Won-Dollar Ra...

South Korea’s finance minister Koo Yoon-chul signals that the won-dollar exchang...

Politics
Trump Pressure on Fed Could Drive Up Borrowing Costs, ECB Economist Warns

Trump Pressure on Fed Could Drive Up Borrowing Costs, E...

ECB economist Philip Lane warns that political pressure on the Federal Reserve c...

Business & Finance
Global Cybercrime Losses Hit $20.9 Billion in 2025, FBI Reports

Global Cybercrime Losses Hit $20.9 Billion in 2025, FBI...

Global cybercrime losses surged to $20.877 billion in 2025, driven by investment...

Business & Finance
Uganda Advances DPO Talks with World Bank, IMF Reviews ECF Programme

Uganda Advances DPO Talks with World Bank, IMF Reviews ...

Uganda holds talks with the World Bank and IMF on a Development Policy Operation...

Business & Finance
Lebanon Seeks IMF Support as Finance Minister Holds Key Washington Talks

Lebanon Seeks IMF Support as Finance Minister Holds Key...

Lebanon’s finance minister holds high-level talks with IMF, World Bank, and glob...

Business & Finance
State Street Q1 Profit Rises to $764M as Market Volatility Lifts Fees: Reuters

State Street Q1 Profit Rises to $764M as Market Volatil...

State Street reports Q1 profit of $764M, up from $644M, driven by strong fee inc...

Business & Finance
Iran War Pushes Oil Up 30%, Risks Africa Growth Slowdown: IMF

Iran War Pushes Oil Up 30%, Risks Africa Growth Slowdow...

Oil prices have surged over 30% since the Iran conflict began, raising inflation...

Business & Finance
South Korea Finance Minister Meets IMF Chief in Washington

South Korea Finance Minister Meets IMF Chief in Washington

South Korea’s Finance Minister Koo Yun-cheol met IMF chief Kristalina Georgieva ...

Business & Finance
Global Foreign Aid Drops 23% in 2025 on U.S. Cuts: OECD

Global Foreign Aid Drops 23% in 2025 on U.S. Cuts: OECD

Global foreign aid declined 23.1% in 2025 to $165.5 billion, driven largely by s...

World
U.S. Oil Prices Surge Above $100 as Trump Orders Hormuz Blockade

U.S. Oil Prices Surge Above $100 as Trump Orders Hormuz...

Oil prices jumped above $100 as the U.S. prepared to blockade the Strait of Horm...

World
Ajay Banga Warns of 800 Million Job Gap in Developing Economies

Ajay Banga Warns of 800 Million Job Gap in Developing E...

World Bank chief Ajay Banga warns developing economies face an 800 million job s...

Business & Finance
Adaptation Finance Gap Hits $387B as New Playbook Targets Scale

Adaptation Finance Gap Hits $387B as New Playbook Targe...

A new climate finance playbook highlights a $215–$387 billion annual adaptation ...

Business & Finance
Chinese Yuan Gains Safe-Haven Status, Reshaping Global Finance: Societe Generale

Chinese Yuan Gains Safe-Haven Status, Reshaping Global ...

The Chinese yuan is emerging as a global safe-haven currency, driven by strong r...

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