World economy
Israel vows to retaliate after Iran’s attack: what could happen next
Israel’s Iron Dome anti-missile system intercepts rockets launched from the Gaza Strip, as seen from the city of Ashkelon, Israel ...
Musk denies selling Starlink terminals to Russia after Kyiv alleges use
A Falcon 9 rocket launches a Starlink mission from Florida on Feb. 27, 2023. SpaceX Ukraine’s main military intelligence agency ...
Red Sea tensions risk significantly higher inflation, OECD warns
That could add 0.4 percentage points to overall price rises after a year, the OECD said in its latest economic ...
IMF warns British government against more tax cuts
British Finance Minister Jeremy Hunt said earlier this month the U.K. would not enter a recession this year. Hannah Mckay ...
Red Sea crisis already bigger issue for shipping than Covid, data show
Containers are piled up in Lisbon, Portugal, on January 13, 2024. Recent U.S. and UK air strikes on Yemen are ...
Red Sea troubles could end shipping recession as freight rates spike
The Maersk Sentosa container ship sails southbound to exit the Suez Canal in Suez, Egypt, on Thursday, Dec. 21, 2023. ...
U.S. slams South Africa’s ‘meritless’ Israel genocide suit
U.S. President Joe Biden greets South Africa’s President Cyril Ramaphosa in the Oval Office at the White House in Washington, ...
Global smartphone sales rebound after a 2-year slump: Counterpoint
The global smartphone market grew 5% year-on-year in October after contracting for 27 months, said Counterpoint Research. The growth was ...
BOJ leaves rates unchanged, maintaining ultra-loose monetary policy
In a policy statement after its September meeting, the Bank of Japan said it would maintain short-term interest rates at ...
Biden backs economic corridor as geopolitical alliances fragment globe
This Biden-led initiative will comprise of two separate corridors, the east corridor connecting India to the Middle East and the ...