The World Bank has reduced its global economic growth forecast for 2025 by 0.4%, bringing it down to 2.3%. This adjustment reflects concerns over rising tariffs and increased […]
Economy
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The Illusion of Lower Interest Rates: Why Are Americans Betting on an Economic Mirage?
Allison Schrager writes that the U.S. government, financial markets, and many Americans are in collective denial about interest rates. The phrase “when interest rates go back down” is […]
Uncategorized
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Oil Prices Stable Below $70 Amid High Crypto Volatility
Economic expert Jamal Ajaj confirmed that global oil markets are experiencing relative stability in prices recently, predicting that the price per barrel will remain below $70 in the […]
Markets
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Economic Expert Predicts Gold Prices to Surpass $4000 Per Ounce Amid Rising Trade Tensions
Economic expert Jamal Ajaj stated that gold prices are experiencing a strong upward trend, driven by escalating trade and geopolitical tensions worldwide. He noted that gold continues to […]
Economy
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OECD Warns of Economic Risks Following Trump’s Tariffs
Following the imposition of tariffs by former U.S. President Donald Trump, the Organization for Economic Cooperation and Development (OECD) has issued a warning about potential risks to global […]
Economy
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World Bank Cuts Global Economic Growth Forecast to 2.3% Amid Trade Wars
The World Bank announced on Tuesday that trade wars initiated by former U.S. President Donald Trump are expected to reduce economic growth in the U.S. and globally this […]
NewsLetter
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Mongolian Foreign Ministry Official Meets with Head of Kansai-Mongolia Friendship Association
L. Munkhtsetseg, State Secretary of the Mongolian Ministry of Foreign Affairs, held a meeting with the president of the Kansai-Mongolia Friendship Association. The discussion likely focused on strengthening […]
Economy
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Ethiopia Projects Higher Economic Growth for Upcoming Fiscal Year
Ethiopia anticipates a slight acceleration in economic growth for the fiscal year starting next month, according to Finance Minister Ahmed Shide. Growth is projected at 8.9%, up from […]
NewsLetter
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Federal Judge Halts Trump Administration’s Anti-DEI Grant Policies
A federal judge in California has issued an injunction preventing the Trump administration from enforcing policies that bar diversity, equity, and inclusion (DEI) programs and recognition of transgender […]
Economy
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Zambia’s Economy to Expand by Over 6% Amid Improved Conditions
Zambia is set for economic expansion of at least 6% this year, driven by favorable weather conditions and increased copper production. The finance minister, Situmbeko Musokotwane, highlighted these […]