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Following Prime Minister Narendra Modi’s call for Indians to conserve fuel and save foreign exchange as the country grapples with the fallout of the Iran war, state-run institutions, public sector…
The International Monetary Fund (IMF) raised its growth forecast for the UK economy on Monday but warned that growing domestic uncertainty and political instability could weigh on spending and investment.…
In 2015, Chinese President Xi Jinping used the term “Thucydides Trap” in Seattle before an audience that included former Secretary of State Henry Kissinger. “There is no such thing as…
At the time of writing, President Trump, along with a clutch of top US corporate executives, is in China. Mr Trump and Chinese President Xi Jinping have already held a…
Incoming Federal Reserve Chair Kevin Warsh could face significant challenges in reducing the US central bank’s role in financial markets as rising federal debt and weakening demand advantages for US…
US industrial production rebounded strongly in April, while retail sales continued to show resilience despite mounting inflationary pressures across the economy. According to data released on Friday by the Federal…
US unemployment claims rose moderately last week but were still within acceptable limits as businesses refrained from executing mass-level layoffs even as they grappled with mounting inflationary pressures. Initial claims…
US retail sales rose in April, signalling continued resilience in consumer spending even as inflationary pressures intensified across the economy. According to data released Thursday by the US Census Bureau,…
US retail sales rose 0.5% in April, underscoring resilience in household spending despite higher gasoline prices and weak consumer confidence. ING Economics said the figures highlight the ability of consumers…
