The European Commission has announced plans to provide financial assistance in 2026 to Baltic countries and Finland that have suffered collateral economic damage from the European Union’s extensive sanctions regime against Russia. The initiative, led by Regional Commissioner Raffaele Fitto, aims to revitalize economies that have been particularly hard hit by the downturn in tourism […]

Sweet-toothed consumers across the United Kingdom face paying substantially more for bottled milkshakes and ready-to-drink lattes after the government confirmed ambitious plans for a significantly tougher sugar tax regime. Health Secretary Wes Streeting announced the expansion on November 25, 2025, declaring that the government “will not look away as children get unhealthier” amid rising obesity […]

The long-awaited September employment report released by the Bureau of Labor Statistics on Thursday offered a complex and somewhat contradictory picture of the United States labor market, revealing underlying tensions between job creation momentum and rising unemployment levels. The report, delayed for seven weeks due to the historic government shutdown, showed the economy added 119,000 […]

Leaders of the world’s twenty largest economies have issued a landmark commitment to engage constructively in addressing persistent concerns regarding the global minimum tax regime and the complex tax challenges arising from the rapid digitalisation of the global economy, while simultaneously emphasizing the paramount importance of preserving the tax sovereignty of all participating countries. This […]

In a bold strategic move to cement its position as a global commerce powerhouse, the United Arab Emirates on Thursday launched the UAE Global Centre of Trade programme, an ambitious international economic initiative designed to attract the world’s top one thousand companies specializing in international trade. The programme, announced by His Highness Sheikh Mohammed bin […]

In a bold response to mounting economic pressures, the Japanese government is preparing to unveil an unprecedented economic stimulus package valued at more than 20 trillion yen ($129 billion), according to sources familiar with the deliberations. The comprehensive package represents the government’s most ambitious effort yet to shield citizens from the persistent effects of inflation […]

The Syrian Petroleum Company has signed a significant memorandum of understanding with two prominent global energy firms, ConocoPhillips and Novaterra Energy, marking a major step toward revitalizing Syria’s battered natural gas sector. The agreement, announced on Tuesday by the Ministry of Energy through its official Telegram channel, encompasses the development of several existing gas fields […]

The news broke with the authoritative resonance expected of the world’s largest customer for wide-body aircraft: Emirates’ blockbuster $38 billion order for 65 Boeing 777X aircraft on the opening day of the Dubai Airshow 2025. This deal has not merely cemented a commercial relationship; it has injected fresh geopolitical momentum into U.S.–UAE strategic ties, reaffirming […]

New York Federal Reserve President John Williams convened an urgent meeting with major Wall Street banks this week to address growing concerns about the utilization and effectiveness of a critical short-term lending facility designed to provide emergency liquidity during periods of market stress. The high-level discussions, which brought together the central bank’s primary trading counterparties, […]

India is poised to maintain its position as the world’s fastest-growing major economy, with Moody’s Ratings projecting a steady growth rate of 6.5% through 2027, according to the agency’s latest Global Macro Outlook 2026-27 report released on Wednesday. This optimistic forecast comes despite mounting concerns over potential U.S. tariff policies and persistent global economic uncertainties […]