Economy
OECD Lowers Worldwide Growth Projections
The Organisation for Economic Co-operation and Development (OECD) has downgraded its global economic growth projections due to rising trade tensions and persistent inflation....
Elon Musk’s Initiative to Reduce the Federal Workforce Could Hinder the Job Market.
President Donald Trump, with support from Elon Musk at the helm of the Department of Government Efficiency (DOGE), has initiated significant reductions in...
Rupert Murdoch Completes Succession Plan, Passing Media Empire to Son Lachlan
Rupert Murdoch has completed a $3.3 billion deal to resolve a long-standing family succession dispute, granting full control of his media empire, including...
Ethiopia Unveils Africa’s Largest Dam Amid Regional Strain
Ethiopia has officially inaugurated the Grand Ethiopian Renaissance Dam (GERD), the largest hydroelectric project in Africa, situated on the Blue Nile River. Since...
Mozambique Launches $6 Billion Hydroelectric Project, the Largest Energy Initiative in Southern Africa in Half a Century
Mozambique has launched a transformative $6 billion hydroelectric project, the Mphanda Nkuwa dam, the largest power infrastructure initiative in southern Africa in half...
Merz’s Economic Commitments Face Harsh Reality
German Chancellor Friedrich Merz, who took office in May 2025, faces increasing criticism regarding his economic reforms. Despite launching a €500 billion infrastructure...
China’s Emerging Global Influence
China has recently launched a strategic initiative aimed at reshaping the international order, asserting its influence in a move toward a "multi-polar" world....
Von der Leyen proposes biannual assessment of EU nations’ defense spending.
European Commission President Ursula von der Leyen has unveiled a new initiative to conduct biannual reviews of defense investments by EU member states....
EU to Maximize €150bn Arms Loan Initiative as 19 Member Nations Seek Financial Support
The European Union's €150 billion loans-for-arms programme, known as the Security Action for Europe (SAFE), will be fully utilized following requests from 19...
European Hedge Funds Attract Investors as They Shift Away from the US, Reports BNP Paribas
Investors are increasingly leaning towards European hedge funds, as highlighted in a recent BNP Paribas survey that revealed 37% of investors allocated capital...
