Economy & Trade
Follow global economies, trade deals, inflation, markets, jobs, business policy, currencies and financial developments.
NAB to cut 2,500 jobs as falling rates and weak confidence fuel recession fears
4 days ago
NAB to cut 2,500 jobs as falling rates and weak confidence fuel recession fears
This significant restructuring comes as NAB prepares to announce an expected $9.1 billion annual cash profit. The decision reflects a…
Hormuz Crisis and El Niño Converge to Threaten Global Food Security
4 days ago
Hormuz Crisis and El Niño Converge to Threaten Global Food Security
The core of the analysis lies in the interdependence of modern agriculture with energy, logistics, and climate stability. Food producers…
Norway’s Wealth Tax Standoff: Revenue Surges Despite Predicted Exodus
5 days ago
Norway’s Wealth Tax Standoff: Revenue Surges Despite Predicted Exodus
The political debate, which has intensified into a broader cultural conflict, is fueled by starkly different interpretations of recent economic…
Gold Miners Face Q2 Margin Squeeze as Fuel Costs Spike 50-100%
5 days ago
Gold Miners Face Q2 Margin Squeeze as Fuel Costs Spike 50-100%
The impact is not uniform across the sector. According to Samuel Pelaez, President & CEO of Olive Resource Capital, vulnerability…
US National Debt Tops $40 Trillion as Interest Costs Overtake Defense Spending
7 days ago
US National Debt Tops $40 Trillion as Interest Costs Overtake Defense Spending
The debt burden has increased by nearly $4 trillion since January 2025, when the national debt stood at $36.2 trillion.…
Euribor’s sharpest three-year jump pushes mortgage costs higher as ECB signals hawkish path
1 week ago
Euribor’s sharpest three-year jump pushes mortgage costs higher as ECB signals hawkish path
This spike is not an isolated statistical anomaly but a direct reflection of the European Central Bank’s (ECB) evolving monetary…
Poundland Appoints Restructuring Experts as Sale Talks Accelerate
1 week ago
Poundland Appoints Restructuring Experts as Sale Talks Accelerate
The development follows the launch of a formal sale process by Gordon Brothers in recent weeks. Although the investment firm…
Kenya Airways Returns to Deficit as CEO Kilavuka Departs with Record Exit Package
1 week ago
Kenya Airways Returns to Deficit as CEO Kilavuka Departs with Record Exit Package
The financial results coincide with the departure of Group Managing Director and Chief Executive Officer Allan Kilavuka, who served for…
Tesla Unveils First-Flying Roadster, Targets 2028 Production Amid Margin Pressures and Regulatory Scrutiny
1 week ago
Tesla Unveils First-Flying Roadster, Targets 2028 Production Amid Margin Pressures and Regulatory Scrutiny
The event, which took place on Thursday following a two-week delay due to weather conditions, featured a dramatic demonstration where…
Pakistan’s FBR Rejects Rumored Tax Deadline Extension Amid Record Filing Surge
1 week ago
Pakistan’s FBR Rejects Rumored Tax Deadline Extension Amid Record Filing Surge
The denial of the extension is particularly significant given the documented pressures on the system. Trade associations and tax specialists…