The Bank of England has delivered a pre-Christmas boost to the struggling UK economy by cutting interest rates to 3.75%, but a deeply divided vote among its nine-member monetary policy committee (MPC) signals lingering concerns about persistent inflation and the uncertain path ahead for monetary policy. The quarter-point reduction from 4% to 3.75%, approved by […]

Vice Chairman of the Standing Committee of the National People’s Congress of the People’s Republic of China, Wang Dongming, has pledged China’s full support to the Government of Sri Lanka’s comprehensive efforts to rebuild lives and overcome the devastating challenges posed by Cyclone Ditwah, expressing confidence that the island nation will recover rapidly under the […]

Japan’s exports rose for a third straight month in November, government data showed on Wednesday, as shipments to the United States rebounded for the first time in eight months, bolstering the case for the central bank to continue raising interest rates in response to improving economic conditions and resilient external demand despite ongoing trade tensions […]

The Peoples Redemption Party (PRP) has escalated concerns over Nigeria’s economic independence by strongly rejecting the Memorandum of Understanding signed between the Federal Inland Revenue Service and France’s tax authority, warning that the December 10, 2025 agreement threatens to undermine the nation’s sovereignty and expose critical fiscal infrastructure to foreign surveillance and exploitation. In a […]

The global digital economy is accelerating toward a new scale of influence, with fresh projections estimating it will grow by a robust 9.5% in 2026. This extraordinary pace is set to make the digital sector expand three times faster than the expected overall global economic growth rate, which is currently projected to settle at around […]

The United States Federal Reserve reduced its benchmark interest rate by 0.25 percentage points on Wednesday, marking the third consecutive cut of 2025, but the decision revealed deep divisions within the central bank about the appropriate path forward—internal discord that threatens to complicate monetary policy as the institution prepares for a historic leadership transition in […]

Global commerce achieved an unprecedented milestone in 2025, with international trade flows surpassing $35 trillion for the first time in history, according to the United Nations Trade and Development Agency (UNCTAD). This remarkable 7% year-on-year expansion, representing an addition of approximately $2.2 trillion compared to 2024, occurred despite formidable challenges including escalating geopolitical tensions, rising […]

Introduction: A Tariff-Financed Bailout US President Donald Trump has unveiled a $12 billion farm aid package, aimed at providing immediate financial relief to American farmers grappling with low crop prices, soaring input costs, and the economic fallout from the administration’s aggressive trade policies. The announcement, made during a White House event, signaled a complex duality […]

The Bank of England (BoE) has initiated a crucial and unprecedented stress test focusing on the UK financial system’s exposure to the rapidly expanding realm of private markets. This move, announced in the December 2, 2025, Financial Stability Report, estimates that major UK banks currently hold almost US$230 billion of exposure to private funds and […]

Argentina is confronting an unprecedented tourism crisis that threatens to drain up to $13 billion from the country’s foreign currency reserves in 2025, as a relatively appreciated peso transforms international travel into an irresistible bargain for Argentines while simultaneously making the country prohibitively expensive for foreign visitors. This looming dollar outflow, representing approximately 1.6 percent […]