Economy & Trade
Follow global economies, trade deals, inflation, markets, jobs, business policy, currencies and financial developments.
Hungary’s euro adoption plan faces fiscal hurdles amid projected deficit spike
3 weeks ago
Hungary’s euro adoption plan faces fiscal hurdles amid projected deficit spike
The path to euro membership is currently obstructed by a deteriorating fiscal position. Under unchanged policies, Hungary’s budget deficit is…
India’s New Stock Closing Auction Mechanism Sparks Volatility and Index Divergence
3 weeks ago
India’s New Stock Closing Auction Mechanism Sparks Volatility and Index Divergence
The new system, implemented by the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), replaces the previous methodology…
France Faces Political Pressure from Fuel Crisis and €54 Billion Savings Plan
3 weeks ago
France Faces Political Pressure from Fuel Crisis and €54 Billion Savings Plan
The social unrest against high energy costs occurs alongside significant fiscal tightening. The French government has outlined a plan for…
Dutch housing market cools as mortgage rates rise, with transaction volumes set to decline through 2027
3 weeks ago
Dutch housing market cools as mortgage rates rise, with transaction volumes set to decline through 2027
Rising interest rates, which have trended upward since the second quarter of 2025 due to geopolitical uncertainties, are exerting pressure…
Hungary to introduce 20-year wealth audits for current and former politicians
3 weeks ago
Hungary to introduce 20-year wealth audits for current and former politicians
The proposed system applies to members of Parliament, the prime minister, ministers, state secretaries, government commissioners, and prime ministerial commissioners.…
Colombia’s Gilinski Group to Take Control of GeoPark in Venezuela Oil Deal
3 weeks ago
Colombia’s Gilinski Group to Take Control of GeoPark in Venezuela Oil Deal
Upon completion, Grupo Gilinski is expected to own approximately 56.3% of GeoPark. An adjustment mechanism could increase this stake to…
DFI Retail to Acquire Asian Starbucks Operations for US$340 Million in Maxim’s Restructuring
3 weeks ago
DFI Retail to Acquire Asian Starbucks Operations for US$340 Million in Maxim’s Restructuring
The deal, disclosed in a filing with the Singapore Exchange on September 29, is designed to reorganize the holdings of…
Etihad Rail launches Dubai passenger service, offering 64-minute trips to Abu Dhabi for AED 39
3 weeks ago
Etihad Rail launches Dubai passenger service, offering 64-minute trips to Abu Dhabi for AED 39
The Al Yalayis station is located in Jumeirah Golf Estates, strategically positioned to serve Dubai’s expanding southern communities. Company officials…
U.S. Inflation and Consumer Spending Accelerate, Reinforcing Federal Reserve’s Rate Hike Rationale
3 weeks ago
U.S. Inflation and Consumer Spending Accelerate, Reinforcing Federal Reserve’s Rate Hike Rationale
Simultaneously, consumer spending snapped back in August after a brief lull, adding to a growing body of evidence that the…
US Core Inflation Cools to 3.0% in August, Shifting Fed Rate Hike Expectations to December
4 weeks ago
US Core Inflation Cools to 3.0% in August, Shifting Fed Rate Hike Expectations to December
The headline PCE index, which includes volatile food and energy costs, rose 0.3% for the month, placing the 12-month gain…