Argentines gather in front of the National Congress in Argentina to celebrate that the ruling party could not continue with the debate on the ‘Omnibus Law’ because they were losing the votes on each article of its general content, in Buenos Aires, Argentina on February 06, 2024. Anadolu | Anadolu | Getty Images Argentina’s President … Read more
PUNTLAND, SOMALIA – JANUARY 29: Puntland Maritime Police Forces (PMPF) are patrolling against the recently increasing pirate attacks off the coast in Puntland, Somalia on January 29, 2024. (Photo by Abuukar Mohamed Muhidin/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images Somali pirates are back on the attack, with piracy around the Horn of … Read more
A mosaic collection of world currencies. FrankvandenBergh | E+ | Getty Images The world is looking at a debt crisis that will span the next 10 years and it’s not going to end well, economist Arthur Laffer has warned, with global borrowings hitting a record of $307.4 trillion last September. Both high-income countries as well … Read more
Elevated shipping costs as a result of ongoing tensions in the Red Sea could impede the global fight against inflation, the Organisation for Economic Co-operation and Development said Monday. The Paris-based group estimates that the recent 100% rise in seaborne freight rates could increase import price inflation across its 38 member countries by nearly 5 … Read more
An aerial view of aircraft carriers of the United States Navy USS Gerald R. Ford and USS Dwight D. Eisenhower together in eastern Mediterranean on November 03, 2023. Anadolu | Anadolu | Getty Images There are growing calls from some political leaders on Capitol Hill to justify U.S. Navy protection of “foreign flag” vessels from … Read more
Finance Minister Nirmala Sitharaman addresses the media after the interim budget on February 1, 2024 in New Delhi, India. Hindustan Times | Hindustan Times | Getty Images India’s Finance Minister Nirmala Sitharaman said Friday the country’s exports remained strong despite slowing global demand, explaining that these economic issues will be a key focus ahead of … Read more
India’s Finance Minister Nirmala Sitharaman along with her staff poses for pictures as she leaves the Finance Ministry Office to present the annual budget in parliament in New Delhi on February 1, 2024. Sajjad Hussain | Afp | Getty Images India’s finance minister, Nirmala Sitharaman, said on Thursday the country’s fiscal deficit for financial year … Read more
Camille Delbos/art In All Of Us | Corbis News | Getty Images The sharp, sudden spike in supply chain inflation caused by the Red Sea crisis and ongoing attacks on shipping vessels by Houthi rebels may have peaked on key global trade routes, based on analysis of the latest data from Xeneta, a leading ocean … Read more
Countries and companies rent out storefronts on the Promenade in Davos, Switzerland during the World Economic Forum CNBC DAVOS, Switzerland — For as long as countries and companies have rented out chalets and storefronts on the Promenade of the small Swiss ski village that hosts the World Economic Forum, ancillary programming hosted beyond the reaches … Read more
Pedestrians walk past a Caixin Weekly magazine, published by Caixin Media Co., on display at a news stand in Beijing, China, on Sunday, March 6, 2016. Qilai Shen | Bloomberg | Getty Images The International Monetary Fund revised up its growth forecast for developing Asia economies in 2024 as it remained optimistic on India, but … Read more
