The recent escalation of tensions in the Middle East has emerged as a significant challenge for the already fragile global economy. Economic expert Mohamed El-Erian warned in the […]
Experts Highlight China-Africa Cooperation as a Strong Driver for the Global Economy
Experts from Egypt have emphasized the potential of China and Africa to inject significant momentum into the global economy and enhance cooperation among Global South nations. This comes […]
Consumer Sentiment Improves as Tariff Concerns Ease
In early June, consumers became less pessimistic about the economy and potential inflation surges due to progress in the global trade war, according to a University of Michigan […]
Inflation Effects of Tariffs Yet to Materialize
Economists predict that inflation from tariffs may still be on the horizon. In May, US producer prices rose modestly by 2.6%, indicating mild inflationary pressures. Although wholesale inflation […]
UK GDP Data Shows Economic Struggles in April
Welcome to the Money Distilled newsletter, an award-winning publication. I’m John Stepek. Each weekday, I analyze major developments in markets and economics to clarify their impact on your […]
Economic Expert: Issuing Sovereign Sukuk is a Smart Step to Reduce Debt Without Losing State Assets
Dr. Mohamed Abdel Wahab, an economic analyst and financial advisor, emphasized that the decision to transfer ownership of a piece of land to the Ministry of Finance for […]
U.S. Tax Bill Could Hinder Critical Minerals Projects
A U.S. tax and spending bill could challenge American critical minerals companies by eliminating a tax credit aimed at boosting domestic production of materials like nickel and rare […]
México and Philadelphia Strengthen Economic and Cultural Ties with New Direct Flight
A significant milestone in air travel has been achieved with the launch of the first non-stop flight between Philadelphia and Mexico City, starting June 6. This development follows […]
Lianyungang: Straw Processing Generates Economic Value
In Lianyungang, straw processing has become a significant economic activity, creating value from agricultural waste. This initiative not only helps in managing agricultural byproducts but also contributes to […]
Valley Mayors Respond to Economic Impact of Immigration Raids
Mayors in the Rio Grande Valley are voicing concerns over the economic repercussions of recent immigration raids. These operations have raised fears about labor shortages in key industries, […]