Dutch Navy Buys Two Missile-Carrying "Support Vessels" to Boost Firepower
The Royal Netherlands Navy plans to supplement the firepower of its frigate force with lightly-manned follow-along missile boats – a…
Pirates Hijack Tug and Barge in Indonesia Robbing Crew, Stealing Cargo
The crew working a tugboat and barge were overpowered and robbed by a group being called pirates by the local…
Report: Russia May Give Houthis a Supersonic Antiship Missile
Iran is helping Yemen’s Houthi rebels to negotiate with Russia on the possiblity of acquiring high-end supersonic antiship missiles, multiple…
China central bank cuts medium-term loan rate
China’s central bank lowered the cost of its medium-term loans to banks on Wednesday in a move consistent with broad…
Trump vows to ‘take other countries’ jobs’ in economic speech
Donald Trump pledged the US would “take other countries’ jobs” if he returned to the White House, as he laid…
Bank of America CFO says Fed seems to be winning inflation battle
The Federal Reserve seems to be winning the inflation battle in the United States, Bank of America CFO Alastair Borthwick…
US consumer confidence sours on labor market jitters
U.S. consumer confidence dropped by the most in three years in September amid mounting fears over the labor market, though…
Global economy is stabilizing – but weakness remains. Here’s the economic outlook from chief economists
The global economic outlook is stabilizing amid continuing economic uncertainty. The World Economic Forum’s September 2024 Chief Economists Outlook found…
China’s monetary volleys miss key threat to economic growth
China’s central bank has shifted to a more aggressive easing stance, but its policy weapons don’t have the key enemy…
ECB sees further signs of easing wage pressures
Wage pressures are easing across the euro zone, driven in great part by lower additional compensation paid on top of…