The United States federal government is beginning another week paralyzed by a political impasse, with no immediate resolution in sight as the shutdown extends into its third week. The gridlock in Washington has left hundreds of thousands of federal workers without paychecks, shuttered iconic government institutions, and raised mounting concerns about the cascading economic consequences […]

The Trump administration has executed an extraordinary $20 billion financial rescue package for Argentina, a move that critics across the political spectrum are characterizing as politically motivated rather than driven by legitimate economic necessity or clear American strategic interests. The bailout has ignited fierce debate about the appropriate use of taxpayer dollars, particularly given the […]

France’s political turmoil has entered a critical new phase as Sébastien Lecornu, the country’s fifth prime minister in less than two years, announced his resignation on Monday after a mere 27 days in office, leaving the eurozone’s second-largest economy without a functioning government and its mounting debt crisis unresolved. Lecornu’s abrupt departure came after he […]

BEIJING, October 8, 2025 — China’s economic trajectory has prompted the World Bank to significantly revise its growth projections upward, forecasting that the world’s second-largest economy will expand by 4.8 percent in 2025 and 4.2 percent in 2026, according to the institution’s latest East Asia and Pacific Economic Update released on Tuesday. The revised figures […]

Bitcoin achieved a historic milestone on Monday, reaching a new all-time record high as the world’s largest cryptocurrency by market capitalization continued to benefit from robust institutional investor demand, evolving regulatory frameworks, and its deepening integration into mainstream financial systems. The digital asset’s remarkable ascent underscores its transformation from a fringe technology experiment into a […]

Inflation has accelerated across the eurozone’s largest economies this month, suggesting that overall price growth also ticked upward throughout the 20-nation currency bloc, thereby easing pressure on the European Central Bank (ECB) to implement further reductions in borrowing costs as policymakers navigate increasingly complex economic signals. The ECB reduced its key interest rate by a […]

In a stark warning that underscores the mounting financial toll of climate change, Moody’s Insurance Solutions has released a comprehensive analysis projecting that climate-related physical risks could devastate the global economy to the tune of $41.4 trillion by mid-century, representing a catastrophic 14.5% reduction in global GDP. This sobering forecast arrives as the world grapples […]

The United States federal government officially entered a complete shutdown at 12:01 a.m. Eastern Time on Wednesday, October 1, 2025, after congressional leaders from both major political parties and President Donald Trump failed to reach agreement on even a short-term funding measure to keep federal operations running past the end of the fiscal year. The […]

Britain’s economy delivered a resilient 0.3% growth in the second quarter of 2025, maintaining its position as the Group of Seven’s fastest-growing economy in the first half of the year, according to data released Tuesday by the Office for National Statistics (ONS). However, beneath this positive headline lurks a concerning development: the current account deficit […]

Global financial markets opened the week on a cautiously optimistic note, with equity indices across major economies registering gains and the U.S. dollar retreating, even as political uncertainty in Washington threatens to disrupt the world’s largest economy. American lawmakers find themselves in a familiar but increasingly precarious position—racing against time to secure a funding agreement […]