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Global Economic News

The World’s Biggest Gold Mines

  Gold prices have surged to record highs, driven by geopolitical tensions, economic uncertainty, and ongoing purchases by central banks. This month, the price of gold climbed nearly 60% this year, surpassing the $4,000-per-ounce mark (average closing price from October 1 to 27) before stabilizing...

Spain’s Gas Demand Soars Following Major Blackout

Spain has seen a dramatic increase in gas demand for electricity generation, rising by nearly 37% from January to September. This surge comes as the country turned to more gas-fired power to stabilize the grid after Europe’s most significant blackout in modern history. In late...

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A new economic power is emerging in Europe

Justyna Łukawska Polish Prime Minister Donald Tusk took a leaf out of President Donald Trump's...

Mortgage Rates Rise to 6.65%, According to Freddie Mac

The housing market has been a focal point of economic discussions, especially as mortgage...

Gold Prices Soar to Record High Above $3,000 as Investors Seek Safe Haven Amid Turbulence

Staff Reporter The gold market is buzzing as prices have hit an all-time high, surpassing...

Tesla Alerts Trump Administration to Potential Retaliatory Tariffs

Staff Reporter Tesla has issued a warning to the Trump administration regarding the possibility of...

Ferrari CEO Announces ‘Scenario Planning’ to Prepare for Possible Tariff Impacts

Staff Reporter Ferrari's chief executive, Benedetto Vigna, announced on Thursday that the luxury automaker is...

Blackstone CEO: Trump’s Tariffs Might Boost U.S. Economy

Staff Reporter Blackstone Chief Executive Stephen Schwarzman stated that the tariffs imposed by U.S. President...

Amazon, Google, and Meta Sign Agreement to Triple Nuclear Power by 2050

Staff Reporter Amazon, Google, and Meta have joined forces to endorse a pledge aimed at...

World Bank Projects Vietnam’s GDP Growth at 6.8% for 2025

Staff Reporter The World Bank has forecasted that Vietnam's gross domestic product (GDP) will grow...

White House Claims Tariffs ‘Are Working’ as Companies Consider US Expansion

Staff Reporter The White House announced on Monday that President Trump’s proposed tariffs on Canada,...

Semiconductor Industry Forecasts Strong Growth in 2025 Fueled by AI Demand – ING

Staff Reporter The global semiconductor market is set to grow nearly 10% in 2025, driven...

Tesla Model Y Tops Global Car Sales in 2024

Staff Reporter In a recent ranking by Visual Capitalist's Marcus Lu, the Tesla Model Y...

Mark Carney Set to Become Canada’s Next Prime Minister, Succeeds Justin Trudeau

Staff Reporter Former central banker Mark Carney is poised to take over as Canada’s prime...

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The World’s Biggest Gold Mines

  Gold prices have surged to record highs, driven by geopolitical tensions, economic uncertainty, and...