UK industrial strategy targets energy costs, R&D and finance access to spur growth
The UK government has unveiled a sweeping new industrial strategy aimed at revitalising the British economy through targeted investment, innovation,…
Shipping disruption in Gulf: tankers reduce transit time amid regional tensions
Following US military strikes on Iran, at least two supertankers executed U-turns at the Strait of Hormuz. Shiptracking data reveals…
Global markets remain calm despite US attack on Iran: here’s why
Global financial markets are keeping rather contained despite the US airstrikes on Iranian nuclear facilities over the weekend. “MSCI World”…
From green energy to AI: UK’s ambitious 10-year industrial plan
Starting in 2027, Britain plans to reduce electricity costs for thousands of businesses. This is a central component of its…
Iran-Israel conflict: Qatar suspends air traffic as precautionary measure
Qatar has temporarily suspended all air traffic within its airspace as a precautionary measure following threats of retaliation from Iran…
IMF team heads to Buenos Aires for $20B program review amid currency pressure
An IMF source told Reuters on Monday that a technical mission from the International Monetary Fund (IMF) would arrive in…
Donald Trump’s approval rating struggles in key states he won
President Donald Trump’s approval ratings have taken a significant hit in several key states he secured during the 2024 election,…
Canada’s housing affordability: new report lowers expectations
A recent government report from the Canada Mortgage & Housing Corp. (CMHC) indicates that even a doubling of homebuilding activity…
China’s rare earth magnet exports tumble amid new restrictions and classification chaos
Citing export curbs, China’s overseas shipments of rare earth magnets plummeted in May, falling to their lowest levels in over…
Can Iran’s economy sustain its war efforts?
Iran’s economy is barely holding together. In fact, it was collapsing before the war even began. As missile strikes with…