Global debt surged to an unprecedented **$337.7 trillion** at the end of the second quarter, delivering a sharp warning from financial analysts that the world economy may be entering a new phase of risk. According to the Institute of International… Read More ›
The U.S. government’s decision to launch a national security investigation into medical device imports has cast a shadow over one of Europe’s most competitive industries. The probe, initiated under Section 232 of the Trade Expansion Act, places medical technologies alongside… Read More ›
The U.S. economy’s second-quarter growth was revised sharply upward, raising key questions about what’s really powering that rebound and how much of it reflects policy distortions—especially tariffs—and how much is genuine strength. The revised figures point to a mix of… Read More ›
The Organisation for Economic Co-operation and Development (OECD) has raised its global growth forecast for 2025 to 3.2%, up from the 2.9% estimate issued earlier this year. The upgrade reflects unexpectedly robust economic activity across multiple regions and sectors, with… Read More ›
Sri Lanka, once at the centre of one of Asia’s deepest financial crises in decades, is pushing through sweeping reforms aimed at stabilising its battered economy and regaining investor confidence. The government’s decision to embrace market-driven changes marks a dramatic… Read More ›
The United States is preparing to take a dramatic step against the International Criminal Court (ICC), with officials weighing sanctions on the court as an entire entity. The move, if finalized, would mark a sharp escalation from earlier measures targeting… Read More ›
The European Union is weighing accelerating a ban on imports of Russian liquefied natural gas (LNG) as part of its upcoming 19th sanctions package, a move with far-reaching consequences for member states, for Russia’s war economy, and for global energy… Read More ›
Brazil has moved to position itself as the inaugural investor in a new global financing vehicle designed to reward countries for protecting tropical forests, officials and negotiators say. The proposed Global Forest Fund — structured as a durable, endowment-like facility… Read More ›
After the U.S. Federal Reserve reduced its benchmark interest rate by a quarter point and signaled that more cuts might follow, central banks across Asia are starting to eye more accommodative monetary policies. The Fed’s actions loosen the pressures of… Read More ›
The Bank of Japan (BOJ) has kept its benchmark interest rate unchanged at 0.50%, signaling a cautious stance as global economic conditions shift and trade tensions persist. The decision stands in stark contrast to the U.S. Federal Reserve, which has… Read More ›
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