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Category: Global Economy

Saudi Arabia Closes Key Pipeline After Drone Strike; Iraq Fires Commander

Saudi Arabia Closes Key Pipeline After Drone Strike; Iraq Fires Commander

RIYADH, Saudi Arabia – Saudi Arabia has suspended operations on a crucial East-West oil pipeline carrying millions of barrels daily, responding to a d...

1 week ago

Demian Sahputra

Soaring Bond Yields Signal Deep Distress for Global Markets

Soaring Bond Yields Signal Deep Distress for Global Markets

Global financial markets are confronting profound instability as bond yields escalate to what analysts describe as "crisis levels," signaling deep dis...

1 week ago

Dodi Irawan

ECB Raises Rates, Fuels Eurozone Growth Hopes Amid Inflation Battle

ECB Raises Rates, Fuels Eurozone Growth Hopes Amid Inflation Battle

Frankfurt, Germany – The European Central Bank (ECB) today enacted a quarter-point interest rate hike, elevating its key deposit facility rate to 2.50...

1 week ago

Debby Wijaya

France Risks €150 Billion GDP Hit from Failing PISA 2025 Scores

France Risks €150 Billion GDP Hit from Failing PISA 2025 Scores

PARIS – France stands to lose an estimated 150 billion euros in its Gross Domestic Product unless the nation's educational outcomes show substantial i...

1 week ago

Dorry Archiles

ECB Holds Firm on Rates Amid Stubborn Eurozone Inflation Threat

ECB Holds Firm on Rates Amid Stubborn Eurozone Inflation Threat

FRANKFURT — The European Central Bank (ECB) today held its benchmark interest rates steady, defying some market speculation for a potential cut, as Pr...

1 week ago

Edward DP Situmorang

Milan's Cost of Living Soars, Outpaces Naples by 40%

Milan's Cost of Living Soars, Outpaces Naples by 40%

Milan, Italy. A recent analysis by the consumer advocacy group Codacons reveals Milan has solidified its position as Italy's most expensive city, impo...

1 week ago

Demian Sahputra

EU's Made in Europe Drive Ignites Global Trade Tensions

EU's Made in Europe Drive Ignites Global Trade Tensions

BRUSSELS – The European Union is poised to enact one of its most consequential economic policies in recent memory, a sweeping initiative aimed at bols...

1 week ago

Stefani Rindus

German Industry Chief Urges Unemployment Benefit Cap, €50 Billion Social Cuts

German Industry Chief Urges Unemployment Benefit Cap, €50 Billion Social Cuts

BERLIN – Udo Dinglreiter, President of the powerful Gesamtmetall employers association, has issued a stark warning regarding Germany's escalating labo...

2 weeks ago

Angela Stefani

Ex Ilva Crisis Deepens: 2,500 Ancillary Workers Receive Layoff Letters

Ex Ilva Crisis Deepens: 2,500 Ancillary Workers Receive Layoff Letters

In a severe blow to Italy's industrial sector, approximately 2,500 workers across ancillary industries connected to the former Ilva steel plant in Tar...

2 weeks ago

Demian Sahputra

Italy Extends Diesel Excise Cut, Offering Relief Through September 10

Italy Extends Diesel Excise Cut, Offering Relief Through September 10

The Italian government has issued a new decree to prolong the crucial 17-cent per liter diesel excise duty cut, originally slated to expire tomorrow,...

2 weeks ago

Demian Sahputra

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This Week's News

Veteran Journalist Raffaella Griggi Helms Evolving "Chi Lha Visto?" Return

Veteran Journalist Raffaella Griggi Helms Evolving "Chi Lha Visto?" Return

German Taxpayers Push New Law to Criminalize Budget Misconduct

German Taxpayers Push New Law to Criminalize Budget Misconduct

Compassion Over Pity: Hamburg Advocate Transforms Lives After Violence

Compassion Over Pity: Hamburg Advocate Transforms Lives After Violence

Berlin's Jewish Community Warns of Exodus If Left Party Governs

Berlin's Jewish Community Warns of Exodus If Left Party Governs

AfD Threatens German Identity; Merz Poised for Post-Election Shift

AfD Threatens German Identity; Merz Poised for Post-Election Shift

EU Flags Italy's Vehicle Tax Cut; Rome Cites National Funds, Euro 5 Delay

EU Flags Italy's Vehicle Tax Cut; Rome Cites National Funds, Euro 5 Delay

Diana's Brother's Memoir Rocks Royals, Questions Queen's Legacy

Diana's Brother's Memoir Rocks Royals, Questions Queen's Legacy

Google's Gemini Breached Firms, Tech Giant Withheld Public Disclosure

Google's Gemini Breached Firms, Tech Giant Withheld Public Disclosure

President Trump Defends Son's Repaid Russian Wedding Funds

President Trump Defends Son's Repaid Russian Wedding Funds

Turin Protest Against Vannacci Intensifies, General Calls Opponents Antidemocratici

Turin Protest Against Vannacci Intensifies, General Calls Opponents Antidemocratici

Wartime Elections Commence in Russia Amidst Geopolitical Tensions

Wartime Elections Commence in Russia Amidst Geopolitical Tensions

President Trump Accuses Russia of Years-Long Attacks on Ukraine's Allies

President Trump Accuses Russia of Years-Long Attacks on Ukraine's Allies

Trump Bars CNN, MSNBC, Politico from White House Amid Fake News Claims

Trump Bars CNN, MSNBC, Politico from White House Amid Fake News Claims

Dominant Bayern Seizes Bundesliga Lead Ahead of Oktoberfest

Dominant Bayern Seizes Bundesliga Lead Ahead of Oktoberfest

Varela's Brace Lifts Monza 2-1, Securing Juric's Future

Varela's Brace Lifts Monza 2-1, Securing Juric's Future