Buenos Aires – In a revelation that ended days of speculation among economists and financial analysts, United States Treasury Secretary Scott Bessent confirmed on Tuesday that Argentina has activated the controversial US$20 billion currency swap line established by the Trump administration to stabilize the South American nation’s volatile peso. The announcement, made during an interview […]

The U.S. Senate has approved a new funding bill aimed at ending the ongoing government shutdown, advancing the measure to the House of Representatives in what could mark the conclusion of a politically contentious and economically disruptive standoff. The bill, backed by President Donald Trump on Monday afternoon, appears to have garnered bipartisan support, increasing […]

President Donald Trump has once again resurrected his proposal to distribute a $2,000 dividend to American citizens funded by revenue collected from his administration’s sweeping tariff regime. The promise, posted on Truth Social over the weekend, represents the latest iteration of an idea the president has repeatedly championed throughout 2025 but has yet to implement […]

The Dogger Bank wind farm, positioned to become the world’s largest offshore wind facility, is forecast to deliver a £6.1 billion economic boost to the United Kingdom over its operational lifetime, according to a newly released economic impact report commissioned by the project’s developers. The massive renewable energy installation, situated in the North Sea off […]

Børge Brende, President of the World Economic Forum (WEF), has issued a stark warning about the potential formation of three major global economic bubbles that could reshape financial markets and trigger economic instability in the coming months. Speaking at a press conference in São Paulo, Brazil’s financial hub, Brende cautioned that artificial intelligence (AI), cryptocurrency, […]

The Council of the European Union has approved a substantial $1.89 billion fifth tranche of funding for Ukraine under the comprehensive Ukraine Facility program, marking a significant milestone in the EU’s ongoing commitment to support Ukraine’s economic stability and governance reforms amid the ongoing conflict. The announcement, made on November 4, 2025, comes as Ukraine […]

Nigel Farage has dramatically scaled back Reform UK’s headline tax promises, telling City audiences that the party can no longer guarantee the tens of billions of pounds in immediate tax cuts set out in its 2024 manifesto. Instead, the party leader framed tax relief as a longer-term goal contingent on steep reductions in public spending […]

The world’s two largest economies have stepped back from the brink of an all-out trade war after President Donald Trump and Chinese President Xi Jinping reached a comprehensive trade agreement during a historic face-to-face meeting in South Korea. The deal, confirmed by the White House in a detailed fact sheet released following the October 30, […]

In a dramatic turn of events at the Asia‑Pacific Economic Cooperation (APEC) summit in Busan, South Korea, U.S. President Donald Trump and Chinese President Xi Jinping emerged from a tête-à-tête described by Trump as an “amazing meeting,” announcing a significant recalibration of sweeping tariffs on Chinese imports. Under the deal, tariffs that had surged to […]

The Federal Reserve announced a quarter-point reduction to its benchmark interest rate on Wednesday, bringing the federal funds rate to a range between 3.75% and 4%—the lowest level in three years. However, this latest monetary policy decision was marked by extraordinary complications, including the absence of critical economic data due to an ongoing government shutdown […]