Economy & Trade
Follow global economies, trade deals, inflation, markets, jobs, business policy, currencies and financial developments.
Trump Lifts Sanctions on Russian Diesel, Straining Ties with Kyiv Amid Energy Crisis
2 weeks ago
Trump Lifts Sanctions on Russian Diesel, Straining Ties with Kyiv Amid Energy Crisis
The decision was driven by the economic impact of Ukraine’s military campaign against Russian energy infrastructure. Ukrainian strikes on Russian…
Oil Prices Retreat on Iran Diplomacy, But Depleted Inventories Keep Valuations Elevated
2 weeks ago
Oil Prices Retreat on Iran Diplomacy, But Depleted Inventories Keep Valuations Elevated
The immediate volatility followed a significant surge on Thursday, when Brent North Sea crude jumped more than 5%. That spike…
Shell forecasts record refining margins as global fuel shortages widen premium over crude
2 weeks ago
Shell forecasts record refining margins as global fuel shortages widen premium over crude
This forecast surpasses the previous record for petroleum products, which stood at approximately $28 per barrel during the early months…
Intesa Sanpaolo Launches €30.6bn Bid for Monte dei Paschi, Creating Europe’s Second-Largest Bank
2 weeks ago
Intesa Sanpaolo Launches €30.6bn Bid for Monte dei Paschi, Creating Europe’s Second-Largest Bank
The move by Intesa Sanpaolo places a €30.6 billion valuation on the historic Siena-based bank, signaling a decisive attempt to…
Hungarian Forint Holds Near Four-Year High Amid EU Fund Expectations and Global Macro Support
2 weeks ago
Hungarian Forint Holds Near Four-Year High Amid EU Fund Expectations and Global Macro Support
The immediate catalyst for the rally was the electoral shift away from Prime Minister Viktor Orbán’s Fidesz–KDNP coalition toward a…
Malaysia Unveils RM459.8 Billion 2027 Budget Ahead of General Election, Boosting Minimum Wage and Household Aid
2 weeks ago
Malaysia Unveils RM459.8 Billion 2027 Budget Ahead of General Election, Boosting Minimum Wage and Household Aid
Fiscal Strategy and Revenue Sources The government projects that Malaysia’s economic growth will moderate to between 4.2% and 5.2% in…
Kenya’s Student Loan Crisis: Stakeholders Reject New Repayment Rules as Government Pushes Universal Funding
2 weeks ago
Kenya’s Student Loan Crisis: Stakeholders Reject New Repayment Rules as Government Pushes Universal Funding
The rejection of this provision was not isolated to Bungoma. During public participation exercises held on September 29, 2026, at…
Tunisia’s Tourism Sector Breaks €1 Billion Barrier in First Half of 2026
2 weeks ago
Tunisia’s Tourism Sector Breaks €1 Billion Barrier in First Half of 2026
Data from the Central Bank of Tunisia indicates that tourism generated 3,352 billion dinars in state revenue between January and…
Turkey Central Bank Holds Policy Rate at 37% Amid Geopolitical Risks
2 weeks ago
Turkey Central Bank Holds Policy Rate at 37% Amid Geopolitical Risks
The central bank emphasized that this restrictive stance will be maintained until price stability is achieved. It noted that the…
EU Mandates €10,000 Cash Payment Cap for Business Transactions from 2027
2 weeks ago
EU Mandates €10,000 Cash Payment Cap for Business Transactions from 2027
Standardizing Anti-Money Laundering Measures The primary objective of the new regulation is to enhance the security of financial transactions and…