OPEC sticks to output policy as Iraq, Kazakhstan, and Russia pledge to offset overproduction
Despite rising geopolitical tensions, the Organization of the Petroleum Exporting Countries (OPEC) held a panel meeting on Wednesday and decided…
UK’s landmark handover of Chagos Islands to Mauritius: what’s at stake?
In a landmark move after years of diplomatic negotiation, the United Kingdom has announced that it will relinquish sovereignty over…
Is New Zealand risking its appeal for students by raising visa fees?
New Zealand’s recent decision to significantly increase visa fees, effective October 1, has sparked concern among international student communities. The…
Brazil’s services PMI climbs to 55.8 in September, business confidence reaches one-year high
In a promising sign for Brazil’s economy, the S&P Global Brazil Services Purchasing Managers’ Index (PMI) surged to 55.8 in…
Weather and geopolitical tensions drive price volatility in wheat, sugar, and rice
Unpredictable weather conditions and rising geopolitical tensions have introduced significant uncertainties into global agricultural markets, affecting the prices of essential…
Dollar strengthens ahead of key payrolls release; Middle East turmoil helps
Investing.com – The U.S. dollar rose Thursday, benefiting from robust employment data as well as the uncertainty caused by the…
Egypt’s GDP growth slows to 2.4% for 2023/24 year, says planning ministry
CAIRO (Reuters) – Egypt’s GDP growth rate was 2.4% in the fourth quarter of the 2023/24 year, bringing the annual…
Ghana closes in on long-running debt restructuring finishing line
(Reuters) – Ghana received the approval for more than 90% of bondholders to restructure and exchange $13 billion of international…
US weekly jobless claims rise moderately
WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits rose marginally last week, but Hurricane Helene’s…
Markets and the Middle East: How investors are weathering geopolitics
By Dhara Ranasinghe and Alun John LONDON (Reuters) – Conflict in the Middle East is escalating once more, but the…