Is unemployment still the price we have to pay for low inflation?
Unemployment is up, so inflation is down, and that is one of the oldest and most enduring relationships…
IMF rebukes China’s model with its own credibility in tatters
As the International Monetary Fund takes China to task, the world’s “lender of last resort” is grappling with…
South African gold miner becomes first major casualty of Ghana’s tighter resource control
The decision follows the government’s move not to renew the mine’s lease after its expiration in April 2025.…
Africa’s largest diamond miner posts $511 million loss amid weak Chinese demand and U.S. tariff pressures
The group posted an underlying loss before interest, taxes, depreciation and amortisation (EBITDA) of $511 million for the…
US Imports More from Taiwan Than China in Major Milestone
Taiwan’s exports to the United States surpassed China’s for the first time in decades in December, according to…
Revenue lags, costly mega projects raise external debt risks
Although external debt inflows continue to rise, government revenue growth has failed to keep pace, pushing key debt…
Trump tariffs: Who bears the burden? JPMorgan says it’s American businesses, not foreign producers
Tariff payments by midsize US businesses grew three times over the past year, according to new research released…
Why trade deals can’t help India become a major apparel exporter
India is energetically pursuing Free Trade Agreements (FTAs). It has signed deals with the UK, EFTA, UAE, Oman,…
What are the main events for today?
EUROPEAN SESSION In the European session, the main highlights will be the Flash PMIs for the major Eurozone…
Jump in retail sales raises hopes of consumer spending recovery
Retail spending rose faster than expected last month in a boost for the government, as sales were lifted…
Saudi PIF construction contracts plummet amid scaleback
Value of contracts less than $30bn PIF accounts for only 14% issued Focus on AI and digital infrastructure…
EU doesn’t need all 27 to move forward on reforms – POLITICO
In Wall Street Journal interview, ECB chief backs smaller country groupings to push capital markets reform and other…