Economy

1018 Articles
EconomyWorld

Federal Reserve Divided on Interest Rate Cuts

The Federal Reserve is set to make its first interest rate cut of 2025, with a 0.25 percentage point reduction expected in the...

EconomyWorld

Europe’s Upcoming Major Challenge: Bridging the Energy Security Gap

Europe is facing a significant challenge in addressing its energy security divide, which has become increasingly apparent in recent years. The European Union...

Economy

South Africa Dispatches Delegates to the U.S. for Trade Negotiations During Tariff Disagreement

South Africa has sent government representatives to the United States for trade negotiations aimed at reducing a recently imposed 30% tariff on its...

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....

Economy

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...

Economy

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...

Economy

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...

EconomyWorld

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...

Economy

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...

Economy

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....