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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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Japan’s Inflation Hits 17-Month High in January Amid Rising Food Prices – Reuters Poll

Staff Reporter Japan's core consumer price inflation is projected to reach a 17-month high in...

EU Commission to Propose Simpler, More Focused Long-Term Budget

Staff Reporter The European Commission is gearing up to propose significant changes to the long-term...

Europe’s Economy Stalls at Year-End 2024: Germany Faces Tough Times

Staff Reporter Europe's economy ended 2024 with no growth, according to Eurostat, the EU's statistics...

US Economy Expands 2.3% in Q4, Falling Short of Expectations

The U.S. economy’s performance in the fourth quarter of 2024 has sparked discussions among...

2025 Global Economic Forecast | Deloitte Insights

Euro Area: Economic Outlook for 2024 and Beyond The euro area has faced a challenging...

Wall Street’s AI Bubble Mirrors Dotcom Crash, Says Ray Dalio

Staff Reporter Wall Street's enthusiasm for artificial intelligence has created a bubble in U.S. stock...

Morgan Stanley Lowers UK Growth Forecast for 2025

Staff Reporter Morgan Stanley has revised its economic outlook for the UK, projecting a decline...

World Economic Forum 2025 Urges Strengthened Global Collaboration

The World Economic Forum (WEF) held its 2025 annual meeting against a backdrop of...

US Existing Home Sales Drop to Lowest Level in Nearly Three Decades

The housing market in the United States is currently facing unprecedented challenges, with existing...

Bank of Japan Raises Interest Rates to Highest Level in 17 Years, Yen Surges

Staff Reporter The Bank of Japan (BOJ) has raised interest rates to their highest point...

American Firms in China Express Record Fears Over U.S.-China Trade Turmoil, Survey Finds

Staff Reporter A recent survey reveals that over half of American businesses operating in China...

Trump Promises a ‘Golden Age’ for America

Staff Reporter Donald Trump declared the beginning of a "golden age" for the United States...

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The World’s Biggest Gold Mines

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