UK Pledges $400 Million to Help Ethiopia Expand GERD-Linked Power Grid
Gridworks, a UK government-supported investor, will fund and develop around $400 million in electricity transmission projects in Ethiopia as the […]
GLOBAL ECONOMIES
Wall St mixed as markets assess commodity selloff, earnings
The S&P 500 and the Nasdaq seesawed between gains and losses on Monday, as markets absorbed a sharp selloff in
Gold drops over 4% ahead of Trump’s announcement of his pick for new Fed chair
Gold slumped more than 4% on Friday, amid speculations the US Federal Reserve might receive a more hawkish chair, but
Trump labels UK–China dealings ‘very dangerous’
US President Donald Trump has cautioned that it would be “very dangerous” for the United Kingdom to deepen economic relations with China, as Prime Minister Sir Keir Starmer continues his visit to Beijing to reset ties between the two nations.
Tesla’s earnings plummet 61% in last quarter of 2025 amid Chinese competition, political backlash
US electric vehicle (EV) giant Tesla’s net profit sank 61% in the last quarter of 2025, as Elon Musk’s firm
Gold soars past $5,000 level for 1st time amid geopolitical tensions, economic uncertainty
Gold price continued its record rally on Monday, surpassing the $5,000 level for the first time, buoyed by persistent geopolitical
United States completes first sale of Venezuelan oil
The United States has completed its first sale of Venezuelan oil, generating around $500 million, a US official said Wednesday,
Global growth to ease to 2.6% in 2026 as challenges persist – World Bank
The global economy is showing greater resilience than previously expected despite ongoing trade tensions and policy uncertainty, the World Bank
Finnish premier calls US rhetoric on Greenland ‘negotiation tactic’
Finnish Prime Minister Petteri Orpo on Friday called the recent US rhetoric on Greenland a “negotiation tactic” and warned that
Why over 80% of America’s top CEOs think Trump would be wrong not to pick Chris Waller for Fed chair
Since the founding of the Federal Reserve in 1914, the United States has had 16 Fed chairs, yet rarely has