Booming IT Investment Cushions US Slowdown; World GDP Forecast Edges Up
Surging IT investment and wealth effects from buoyant equity markets are cushioning the impact of higher tariffs on the US…
US job angst grows despite a dip in unemployment
Jobs growth has effectively ground to a halt and the jobs that are being added are concentrated in just three…
Bessent says US Treasury can easily cover any tariff refunds
The U.S. Treasury has more than adequate funds to pay any tariff refunds ordered if the Supreme Court rules against…
How tariff disruption will continue reshaping the global economy in 2026
President Trump’s favourite word is tariffs. He reminded the world of that in his pre-Christmas “address to the nation”. With…
Global economy shows resilience, but trade tensions and fiscal strains cloud outlook, UN warns
Global economic output is forecast to grow by 2.7 per cent in 2026, slightly below the 2.8 per cent estimated…
India’s Reliance in talks for US permit to buy Venezuelan oil, sources say
India’s Reliance Industries is seeking U.S. approval to resume purchases of Venezuelan crude, two sources familiar with the matter said…
Middle East diesel exports to Europe hit record high in 2025
Middle East diesel exports to Europe in 2025 exceeded 500,000 b/d for the first time, with Saudi Arabia leading the…