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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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UK Living Standards Expected to Stagnate Through the Rest of the 2020s, Think Tank Reports

  Living standards in the UK are projected to see minimal growth throughout the remainder...

UK Regulators May Push Google to Increase Competition in Search Engine Amid Growing AI Threats

  British regulators are contemplating new measures that could compel Google to increase competition within...

UK Government to Cut Industrial Energy Costs

  The UK government is set to significantly reduce energy prices for British manufacturers, aiming...

World Bank Calls for “Radical” Debt Transparency in Developing Nations

By Agencies The World Bank has issued a strong call for "radical" debt transparency among...

Cutting Red Tape Essential for Boosting German Business Confidence, Survey Reveals

By Agencies A recent survey from the German Economic Institute IW, highlighted by Reuters, indicates...

Bank of Korea Chief Warns Excessive Rate Cuts Could Lead to Property Price Surge

By Agencies The Governor of the Bank of Korea, Rhee Chang-yong, cautioned on Thursday that...

U.S. Electric Vehicle Adoption Hits New Low

Interest in electric vehicles (EVs) among American drivers has dropped to just 16%, the...

AI Data Center Boom Fuels Demand for Natural Gas

Staff Reporter UBS forecasts that the surge in AI data center construction, which began during...

Analyst Suggests Aggressive ECB Easing May Be Imminent

Staff Reporter The European Central Bank (ECB) could be gearing up for more aggressive easing...

The Unseen Hand: Why AI’s Rise Will Mark a New Era of Net Job Loss

By Milli Sands The siren song of technological progress has always promised a brighter future,...

Global Airlines Cut 2025 Profit Outlook Amid Supply Issues

By Agencies Global airlines have revised their profit forecasts for 2025, citing a dip in...

Lagarde: Euro Could Be an Alternative to the Dollar

By Agencies The euro has the potential to serve as a viable alternative to the...

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Why Insurance and Investing Should Stay Separate

The pitch sounds enticing: get lifelong insurance protection while building wealth in a single...

Seeking Moral Direction in the Dark

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...