The International Monetary Fund has issued a stark warning that the global economy may soon reach the limits of its resilience, citing depleted emergency oil reserves and overstretched government budgets.
Global Economy
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Credit rating agency Egan-Jones has issued a stark warning that artificial intelligence is poised to fundamentally dismantle the current economic model. In a commentary titled “It’s Over,” the firm asserts
US President Donald Trump has indicated support for a potential ban on the export of diesel fuel, a move intended to lower domestic prices for American drivers ahead of the
GlaxoSmithKline has acquired full global rights to a trispecific T-cell engager from Chimagen Biosciences, marking a significant re-entry into the oncology sector. The agreement involves an upfront payment and potential
The resurgence of nuclear power as a cornerstone of national energy strategies has been accompanied by a persistent and unresolved challenge regarding the management of radioactive waste. As governments across
Greg Brockman, the president of OpenAI, has asserted that the global technology sector has entered a new era of artificial general intelligence following the release of the company’s latest model,
The Philippines is positioning itself as the primary location for a global geologic hydrogen revolution, reportedly possessing the largest natural hydrogen seeps on Earth. These underground reservoirs suggest that vast
The ongoing conflict in the Middle East has triggered a significant surge in global refining margins, delivering record-breaking profits to major international oil companies. For the second time within this
The Strait of Hormuz has long been a choke point that commands the attention of policymakers, traders, and shipowners alike. It is narrow, porous and strategically indispensable to the world
The International Monetary Fund has offered a cautiously reassuring verdict on an unsettled world: the global economy, bruised by renewed conflict in the Gulf and an attendant jolt to energy
The Bank of England has issued a stark double warning about the way global shocks are now travelling through Britain’s economy: first through household mortgages, then through the hidden plumbing
The global oil market has once again felt the tremors of geopolitical negotiations as Brent crude prices have dipped below $90 per barrel for the first time since April. The
As global economies brace themselves once again for the ripple effects of significant energy supply shocks, charges of corporate opportunism, branded as “greedflation,” resurface in economic discourse. The term, which
As the conflict between the US-Israel alliance and Iran intensifies, analysts are growing increasingly concerned about the potential repercussions for the global economy. With the war now entering its fourth
Italy’s rich tradition in agriculture faces yet another challenge as Francesco Mutti, chief executive of the eponymous family-owned tomato processing company, warns of a potential price increase in their products
In a disheartening development for the French labour market, the unemployment rate has surged to its highest level in five years, a situation that poses significant challenges for President Emmanuel