Three of Europe’s prominent aerospace and defence firms — Airbus, Thales and Leonardo — have announced their intention to combine major parts of their satellite and space operations into a new joint venture. The alliance aims to create a “leading… Read More ›
Economy & Finance
Ukraine’s Allies Tighten the Economic Noose: Coordinated Plan to Drive Russian Oil and Gas from Global Markets
A new front has opened in the West’s campaign to weaken Moscow. In London, a coalition of over 20 nations aligned with Ukraine unveiled a sweeping initiative to cut Russian oil and gas from the global market — a move… Read More ›
UK Consumer Confidence Climbs to Highest Level in Over a Year as Retail Promotions and Inflation Relief Lift Mood
UK consumer sentiment improved sharply in October, reaching its joint-highest level since August 2024, as British households benefited from widespread retail discounts and signs of easing inflationary pressures. The latest data from GfK’s long-running Consumer Confidence Index reflects a growing… Read More ›
Brussels to Host Crucial EU-China Talks as Rare Earth Export Curbs Threaten Industrial Supply Chains
Brussels is preparing to host a pivotal round of EU-China trade talks next week amid rising tensions over Beijing’s export restrictions on rare earth minerals—materials that are indispensable to Europe’s high-tech and green manufacturing sectors. The discussions, taking place under… Read More ›
U.S. Inflation Eases as Rent Growth Slows, but Data Risks Loom Amid Government Shutdown
Consumer inflation in the United States moderated in September, offering relief to policymakers at the Federal Reserve who have been under pressure to balance inflation control with slowing growth. The latest data from the Labor Department showed that the Consumer… Read More ›
Canada’s Carney Seeks to Restart U.S.-Canada Trade Talks After Reagan Ad Fallout
Canadian Prime Minister Mark Carney signaled that his government is ready to resume trade negotiations with Washington, following the abrupt suspension of talks by President Donald Trump. The freeze came after a political advertisement from Ontario’s provincial government used archival… Read More ›
Global Economy Faces Reality of U.S.–China Trade Friction as “New Normal” Sets In
The global economic outlook is increasingly shaped by uneasy acceptance of what many officials now dub a “new normal” — one marked by enduring trade frictions between the United States and China, structural realignments of supply chains, and elevated uncertainty… Read More ›
Global Crypto Regulation Falters as G20 Watchdog Flags Major Weaknesses
In a rigorous analysis released this week, the Financial Stability Board (FSB) — the risk-monitoring body backed by the G20 — has sounded a sharp alarm over the current state of global cryptocurrency regulation. Despite the growth and integration of… Read More ›
HSBC Sees Gold Surging to $5,000 an Ounce by 2026 as Global “Bull Wave” Builds
Global banking giant HSBC has issued one of the most bullish forecasts yet for gold, projecting that prices could climb to an unprecedented $5,000 per ounce by 2026, driven by a confluence of macroeconomic, geopolitical, and structural financial trends. The… Read More ›
ETF Market’s Unchecked Boom Raises Alarms Over a Potential Financial Bubble
The once-stable world of exchange-traded funds (ETFs) has entered a phase of hyperexpansion, with a record number of products flooding global markets — particularly in the United States, where regulators’ past policy shifts have opened the floodgates for new launches…. Read More ›