Economy & Trade
Follow global economies, trade deals, inflation, markets, jobs, business policy, currencies and financial developments.
Algerian Dinar Suffers Sharp Decline as Euro Exchange Rate Breaches 290 Mark
3 days ago
Algerian Dinar Suffers Sharp Decline as Euro Exchange Rate Breaches 290 Mark
The currency’s value has eroded at an accelerated pace, with the euro gaining more than 10 dinars against the Algerian…
U.S. to Send $90 Medicare Checks to 20 Million Seniors Starting Early October
4 days ago
U.S. to Send $90 Medicare Checks to 20 Million Seniors Starting Early October
According to a White House fact sheet, most eligible recipients will receive the funds via direct deposit in early October,…
New York sues Polymarket, seeking to block unlicensed prediction market operation
4 days ago
New York sues Polymarket, seeking to block unlicensed prediction market operation
State officials argue that Polymarket failed to obtain the necessary gaming license required to offer such services to New York…
Hungary to Lift Minimum Old-Age Pensions Starting January
4 days ago
Hungary to Lift Minimum Old-Age Pensions Starting January
The increase takes effect at the start of the new calendar year, aligning with the typical fiscal and budgetary cycle…
Goldman Sachs Updates European Stock Picks, Adds Defense Sector Call with 143% Upside
5 days ago
Goldman Sachs Updates European Stock Picks, Adds Defense Sector Call with 143% Upside
The inclusion of a defense-related stock with such a significant projected gain highlights the bank's strategic focus on specific high-growth…
Czech Pension Reform Faces Union Resistance Amid Austerity Debate
5 days ago
Czech Pension Reform Faces Union Resistance Amid Austerity Debate
The conflict highlights a widening gap between the government's fiscal constraints and the expectations of the workforce. Prime Minister Petr…
Nedbank to Acquire 66% Stake in Kenya’s NCBA for $842 Million
5 days ago
Nedbank to Acquire 66% Stake in Kenya’s NCBA for $842 Million
The acquisition is structured with 20% of the consideration payable in cash and 80% in newly issued Nedbank shares. Following…
Turkey stock market manipulation scandal impacts nearly half a million investors
5 days ago
Turkey stock market manipulation scandal impacts nearly half a million investors
The scandal centers on alleged manipulative practices within the Turkish stock exchange, disrupting market integrity and eroding confidence among individual…
Australia-US Bond Yield Gap Nears Zero as Policy Paths Diverge
5 days ago
Australia-US Bond Yield Gap Nears Zero as Policy Paths Diverge
The convergence of yields reflects a shift in market sentiment regarding the relative stance of the Reserve Bank of Australia…
Volatility and AI Concerns Test Asia’s M&A Resilience
5 days ago
Volatility and AI Concerns Test Asia’s M&A Resilience
Despite these significant headwinds, the narrative is not one of a complete freeze. Specific pockets of activity within Australia, Japan,…