Africa’s largest refinery reduces the amount of clean fuel being imported into West Africa
West Africa’s imports of clean refined petroleum products dropped dramatically to 765,000 barrels per day in May…
Euro area trade balance posts a deficit in April due to jump in energy imports
This feels like stepping back in time to the Russia-Ukraine conflict, as the euro area trade balance returns…
Britain ‘faces deindustrialisation’ without relief from high energy prices, survey warns | Manufacturing sector
Britain’s industrial sector is at risk of collapse as thousands of companies warn that they could face bankruptcy…
Chinese Economy Stuck in Slow Lane as Consumption Heads for Drop
(Bloomberg) — China’s consumer spending may have contracted for the first time since the pandemic, a setback that…
High youth unemployment could see more young Kiwis chase work in Aus
Unions say it will take more than building new roads to lower the 17.3% youth unemployment rate –…
U.S. Interest Expense Just Hit $1.6 Trillion Annually. Peter Schiff Warns a Dollar Crisis Arrives When It Hits $2 Trillion.
© FOTOGRIN / Shutterstock.com Peter Schiff has been sounding the alarm on U.S. sovereign debt for years, and…
FMCG sales in Romania rise 1.9% in volume terms in Q1, NielsenIQ estimates
Sales of fast-moving consumer goods (FMCG) in Romania increased by 1.9% year-on-year in volume terms in the first…
Inflation rises again, says Infometrics and Foodstuffs data
There may simply be no avoiding a spike in inflation. Latest data from Infometrics and Foodstuffs shows grocery…
Few months, even a year: Energy prices to remain elevated on US-Iran deal
Markets Economists warn inflation across Asian economies will also take time to subside It will take Asia’s inflation-suffering…
Ranked: The Prices Surging Fastest in 2026
Key TakeawaysFuel prices are leading inflation in 2026, with heating oil up 45.1% and gasoline up 39.8% since…
European wealth turns to Hong Kong as 30 family offices eye operations in the city
Around 30 European family offices have expressed interest in establishing operations in Hong Kong, drawn by the city’s…
Bank of America CEO Brian Moynihan on how the consumer is doing
Bank of America CEO Brian Moynihan is one of the few people who really knows in real time…