A recent study by Public First has revealed that the rise of digital nomad schemes among British citizens is costing the UK economy over £3bn in lost consumer spending—and £320m in missed VAT revenue—each year. As more UK professionals opt for long-term work visas abroad, drawn by the promise of lower living costs and enhanced […]

U.S. President Donald Trump’s administration has implemented sweeping new tariffs that experts warn could spark a full-scale trade war with America’s top trading partners. The new measures, which took effect on March 4, 2025, impose a 25% tariff on most imports from Mexico and Canada and increase tariffs on Chinese goods to 20%. The tariffs […]

Oil prices have tumbled to a 12‑week low as global market participants brace for the impact of an imminent output increase by the OPEC+ alliance. In New York on Monday, Brent crude futures dropped approximately 1.6%—settling at $71.62 per barrel—while U.S. West Texas Intermediate (WTI) crude declined about 2.0% to close at $68.37 per barrel. […]

Ukrainian President Volodymyr Zelensky has reiterated his readiness to sign a US-Ukraine minerals deal—a strategic economic partnership intended to bolster Ukraine’s security ties with the United States. Speaking to the BBC’s Laura Kuenssberg, Zelensky insisted that despite a fraught meeting with US President Donald Trump at the White House last week, he remains committed to […]

New U.S. steel tariffs, championed by President Donald Trump’s legacy policies and now taking effect this March, are set to upend a multi-billion dollar supply chain that has long seen Chinese steel flowing into the United States via transshipment through third countries. The move is expected to trigger a cascade of trade disruptions, intensify global […]

As the global economy faces renewed turbulence, a new UNDP policy paper warns that the debt crisis plaguing the world’s poorest economies is reaching unprecedented levels. In a stark message issued ahead of the G20 finance ministers and central bank governors meeting in South Africa, the United Nations Development Programme (UNDP) called for a comprehensive […]

A new study by the World Bank, United Nations, European Commission, and the Ukrainian government has revealed that Ukraine now requires an estimated $524 billion to rebuild its economy—a figure that is nearly three times its expected economic output for 2024. The study, which incorporates data from Russia’s invasion starting three years ago through December […]

Indian Prime Minister Narendra Modi declared during the inauguration of the mega “Invest Madhya Pradesh – Global Investors Summit-2025” in Bhopal that India will continue to be the fastest growing economy in the world. This powerful statement echoes the recent assessment by the World Bank, which has identified India as a standout performer in a […]

In a landmark series of agreements that underscore the deepening ties between the United Arab Emirates and China, top government entities and leading private sector companies from Abu Dhabi and China have inked multiple deals to boost economic, trade, and technological co-operation. The agreements, signed during a high-profile visit by an Abu Dhabi economic delegation […]

In a dramatic turn that has stirred debates among economists and policymakers alike, President Donald Trump has floated a provocative plan that could see 20% of savings generated by Elon Musk’s newly established Department of Government Efficiency (DOGE) returned directly to American taxpayers. Dubbed the “DOGE Dividend,” this initiative—if implemented—would not only redistribute federal savings […]