Iran Conducts Joint SAR Exercise With Oman
Iran has concluded an annual search and rescue joint exercise with Oman. These exercises reflect the cooperation which takes place…
Chinese Crew "Gravely Threatened" By Collision With Philippine Vessel
On October 11, a Chinese maritime militia vessel made contact with a Philippine fisheries vessel near Thitu Island, causing minor…
Would Iran Close the Strait of Hormuz in a Conflict?
Should Israel mount its promised counter-attack in response to the Iranian missile blitz on Israel at the beginning of the…
Cooling UK jobs market keeps Bank of England rate cut on track
British pay grew at its slowest pace in more than two years in the three months to August and vacancies…
World merchandise trade will increase by 2.7% in 2024, 3.0% in 2025: Global Trade Outlook
Global merchandise trade turned upwards in the first half of 2024 with a 2.3 percent year-on-year increase, which should be…
China banks weigh trimming deposit rates as early as this week, Bloomberg News reports
Chinese banks are set to cut rates on 300 trillion yuan ($42.20 trillion) of deposits as soon as this week,…
A key to Citi’s regulatory woes: staff need skills ‘enhancement’
Citigroup C.N has struggled to adequately train employees in risk, compliance and data roles, according to the bank’s own assessment,…
Putin’s economic resilience rests on war addiction
Russia’s economic growth has exceeded expectations since President Vladimir Putin’s decision to invade Ukraine in 2022, despite punishing measures by…
Euro zone banks see rebound in loan demand as rates fall, ECB survey shows
Demand for bank loans across the 20-nation euro zone rose in the third quarter and a further increase is expected…
Labor-focused Fed to continue rate cuts, Morgan Stanley Wealth Management says
The U.S. Federal Reserve will continue cutting interest rates in November, but policymakers are walking a thin line as inflation…