World economy

Oil sinks 7% as Trump predicts Middle East de-escalation

By Cygnus | 10 Mar 2026

Oil prices drop sharply as Trump signals possible Middle East de-escalation, easing fears of supply disruption.

Energy crisis fears grow as U.S. urges India to buy Russian oil; G7 weighs reserve release

By Axel Miller | 09 Mar 2026

Oil prices rise amid geopolitical tensions as the U.S. urges India to buy Russian crude and G7 officials discuss releasing emergency reserves.

German services sector growth hits four-month high in February

By Cygnus | 04 Mar 2026

Germany’s services sector saw accelerated growth in February 2026, driven by exports, though job cuts reached a post-pandemic high.

Gulf businesses face sweeping disruption as Iranian strikes rattle regional hubs

By Axel Miller | 02 Mar 2026

Iranian strikes across the Gulf disrupted airports, ports and markets, dealing the region’s biggest business shock since the pandemic and raising risks for trade and tourism.

AI productivity surge unlikely to solve debt crisis for major economies

By Cygnus | 27 Feb 2026

Economists say AI-driven productivity gains may help growth but won’t solve rising public debt driven by aging populations and higher interest costs.

ECB’s Lagarde says AI is boosting productivity with no signs of mass layoffs

By Cygnus | 26 Feb 2026

ECB President Christine Lagarde says AI is improving productivity in the euro zone without triggering widespread job losses.

EU warns U.S. against tariff hikes after court ruling, says trade pact must be honored

By Axel Miller | 23 Feb 2026

The EU warned the U.S. against raising tariffs after a court ruling, urging Washington to honor the transatlantic trade agreement and provide clarity.

Ukraine-Russia peace talks enter second day in Geneva amid pressure concerns

By Cygnus | 18 Feb 2026

Ukraine and Russia hold a second day of peace talks in Geneva, with Kyiv voicing concerns over pressure while U.S. officials push for continued negotiations.

Redmond’s global reach: Microsoft on pace for $50 billion AI investment in the Global South

By Cygnus | 18 Feb 2026

Microsoft says it remains on pace to invest $50 billion in AI infrastructure and skills across emerging markets, with India playing a central role.

China opens market to 53 African nations in zero-tariff pivot

By Cygnus | 16 Feb 2026

China will grant zero-tariff access to 53 African nations from May 2026, reshaping global trade ties and deepening economic links across the Global South.

US pauses select China tech curbs amid trade thaw ahead of Trump-Xi meeting

By Axel Miller | 12 Feb 2026

US pauses several proposed tech restrictions on Chinese firms as Washington and Beijing seek to ease tensions ahead of a summit.

China eases stance as EV makers begin direct tariff talks with EU

By Axel Miller | 12 Feb 2026

China softens stance on EV trade dispute as EU grants first tariff exemption for China-made Volkswagen SUV.

Rahul Gandhi criticises India–US trade deal as tariffs on Indian goods rise to 18%

By Axel Miller | 11 Feb 2026

Rahul Gandhi criticises the India–US interim trade deal, claiming effective US tariffs on Indian goods have risen to 18% and warning over digital and farm risks.

Taiwan Says Shifting 40% of Chip Capacity to U.S. Is ‘Impossible’

By Cygnus | 09 Feb 2026

Taiwan says it is impossible to shift 40% of its chipmaking capacity to the U.S., pushing back against Washington’s reshoring demands.

Tech Selloff Weighs on Asian Markets; Indonesia Slides After Moody’s Outlook Cut

By Cygnus | 06 Feb 2026

Tech stocks drag Asian markets lower while Indonesia’s JCI falls 2.6% following a Moody’s credit outlook cut and MSCI transparency warnings.

Novo Nordisk posts first Ozempic sales decline in greater China as competition intensifies

By Axel Miller | 05 Feb 2026

Novo Nordisk posts its first Ozempic sales decline in greater China as rival diabetes drugs gain approvals and price pressure intensifies.

UAE urges U.S. and Iran to reach nuclear deal ahead of renewed talks

By Axel Miller | 03 Feb 2026

The UAE urges the U.S. and Iran to reach a nuclear deal as talks restart in Istanbul, aiming to ease tensions and prevent regional conflict.

Iran reviews diplomatic channels with U.S., signals possible progress soon

By Cygnus | 02 Feb 2026

Iran says it is reviewing multiple diplomatic channels with the U.S. and hopes for near-term progress as tensions remain high and military pressure grows.

Russia’s pipeline gas exports to Europe jump 10% in January as TurkStream becomes sole route

By Axel Miller | 02 Feb 2026

Russia’s pipeline gas exports to Europe rose 10% in January 2026 via TurkStream, though overall flows remain near historic lows after transit routes shut.

China clears first Nvidia H200 AI chip imports in policy shift, sources say

By Axel Miller | 28 Jan 2026

China has approved the first imports of Nvidia’s advanced H200 AI chips, allowing major tech firms to move forward with delayed orders in a key policy shift for AI infrastructure.

Arctic Fever: How ‘Greenland Tariff’ Politics Sparked a Global Flight to Safety

By Axel Miller | 20 Jan 2026

Greenland-linked tariff threats have injected fresh uncertainty into transatlantic trade, triggering a risk-off shift in markets and reshaping global supply chain planning.

Trump threatens 200% tariffs on French wine and champagne amid Macron dispute

By Cygnus | 20 Jan 2026

Trump threatened 200% tariffs on French wine and champagne, raising uncertainty for exporters and U.S. importers and increasing the risk of EU retaliation.

Taiwan aims to lead ‘democratic’ high-tech supply chain with U.S. under tariffs deal

By Cygnus | 20 Jan 2026

Taiwan says a new tariffs deal with the U.S. will strengthen a “democratic” AI tech supply chain, cut export tariffs from 20% to 15%, and boost chip investment.

Trump to meet global CEOs in Davos as U.S. policy takes centre stage

By Axel Miller | 20 Jan 2026

Trump is expected to meet global CEOs in Davos after a special WEF address, as business leaders seek clarity on U.S. tariffs, trade policy and geopolitics.

India, UAE Formalize $3 Billion LNG Deal, Set Sights on $200 Billion Trade Target by 2032

By Cygnus | 20 Jan 2026

India and the UAE sealed an LNG supply deal valued up to $3 billion, with ADNOC Gas to supply HPCL from 2028, as both nations target $200 billion trade by 2032.

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