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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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Bank of Japan Likely to Raise Interest Rates to Highest Level in 17 Years

Staff Reporter The Bank of Japan is set to raise interest rates on Friday, barring...

Argentina Announces Reforms to Anti-Dumping System to Increase Competition

Staff Reporter Argentina is set to implement reforms to its anti-dumping system aimed at fostering...

California Wildfires: Insured Losses May Exceed $30 Billion, According to Wells Fargo Analysis

The Devastating Impact of Southern California Wildfires In early January 2025, Southern California faced a...

Europe Leads in Global Nuclear Energy Investment

Staff Reporter The growing energy needs and the clean energy potential of nuclear power have...

Bank of America Revises Fed Forecast, Signals End of Rate-Cutting Cycle

Staff Reporter Bank of America has updated its outlook on the Federal Reserve's monetary policy,...

IMF Chief Projects Steady Global Growth and Continued Disinflation in 2025

Staff Reporter The International Monetary Fund (IMF) is set to forecast steady global growth and...

U.S. Property and Casualty Insurers Hit Hard as L.A. Wildfire Losses Rise

Staff Reporter U.S. property and casualty insurance stocks took a dip in premarket trading on...

Germany Sees Highest Company Insolvencies Since 2009 Financial Crisis

Staff Reporter Germany reported its highest number of company insolvencies since 2009 in the last...

Global Stock Markets Face Correction Risk, Says Goldman Sachs

Staff Reporter As 2025 approaches, global stock markets find themselves in a generally positive environment....

Eurozone Survey Shows Stagnant Economy and Ongoing Inflation Pressures

Staff Reporter The latest Economic Confidence (EC) survey reveals that the eurozone's GDP is likely...

UK Firms Set to Raise Prices Amid Rising Tax and Wage Pressures

Staff Reporter More than half of UK companies intend to raise prices within the next...

German Solar Panel Industry Faces Declining Demand

Staff Reporter The German solar panel industry is facing significant challenges as consumer and investor...

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Why Insurance and Investing Should Stay Separate

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In a church bulletin I once read, there was a piece of advice that...

Investing in a World That’s Tired of Progress

  As we navigate a world that feels increasingly unsteady, it's crucial to consider how...

The World’s Biggest Gold Mines

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