HomeGlobal Economic News

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...

Keep exploring

U.S. Homeownership Rate Drops to Lowest Level in Five Years

Staff Reporter The homeownership rate in the United States has dipped to 65.1 percent in...

India Set to Overtake UK as Largest Migrant Community in Australia: ABS

Staff Reporter Australia's population is becoming increasingly multicultural, with over 8.6 million residents born overseas—accounting...

Emirates Executive Reports No Impact from U.S. Tariffs, Remains Cautious

Staff Reporter Emirates Airlines has not experienced any effects from U.S. tariffs under President Donald...

Volkswagen Warns Tariffs Will Impact Profits as Earnings Plunge 40%

Staff Reporter Volkswagen (VOW3.DE, VWAGY) announced on Wednesday that it expects its profit margins for...

California Becomes the World’s Fourth-Largest Economy in 2024

Staff Reporter California Governor Gavin Newsom announced on April 23 that the state has now...

Generative AI Could Be Fueling Freight Industry Fraud

Staff Reporter Emerging AI technologies are often touted for their potential to optimize the freight...

Euro Zone Economy Faces Uncertain Future, ECB Officials Warn

  Staff Reporter European Central Bank (ECB) officials issued a stark warning on Monday about the...

S&P Warns Australia’s AAA Rating at Risk Due to Election Promises

Staff Reporter S&P Global Ratings has issued a warning that Australia’s coveted AAA sovereign credit...

Private Equity Firm Expands to Facilitate Investments in U.S. Oil and Gas Sector

In recent developments within the U.S. energy sector, American Energy Fund (AEF), a Texas-based...

Alphabet, Google’s Parent Company, Unveils Quarterly Earnings Report

Alphabet’s Strong Q1 Performance: A Closer Look Alphabet Inc., the parent company of Google, recently...

7-Eleven Owner to Cut Costs Amid Tariff Challenges

Staff Reporter Seven & I Holdings, the parent company of 7-Eleven convenience stores, announced plans...

World Bank Chief Economist Warns of Emerging Market Debt Crisis

Staff Reporter The chief economist of the World Bank, Indermit Gill, is sounding the alarm...

Latest articles

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...