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According to World Bank estimates, remittances to low- and middle-income countries reached $685 billion in 2024, up from $647 billion in 2023. With remittances...
It seems as though China’s imports of sanctioned oil are rebounding amid trade tensions with the US. Immediately after Shandong’s shipping ban and the...
Oil is headed for its biggest weekly gains since the middle of January as supply disruptions and rising demand supported sentiments. A weaker US...
Indian benchmark indices started the week on a weak note, with the BSE Sensex falling 0.32% to 81,872.77 and the Nifty 50 dropping 0.29%...
The speaker of South Korea’s National Assembly has officially signed and delivered the impeachment motion against President Yoon Suk Yeol to the Constitutional Court....
Few could have predicted the remarkable market performance in 2024. Starting the year with low equity valuations, recessionary warnings, and cautious investor sentiment, the...
The European Central Bank (ECB) has cut its deposit rate for the fourth time this year, reducing it to 3%. Starting from a record...
Argentina’s economy has just suffered a significant setback, contracting by 2.6% in the third quarter of 2024 as compared to the same period the...
The IBC-Br Index of Economic Activity in Brazil, a key indicator of economic performance, rose 0.1% month on month in October 2024. This increase...
The UK economy has unexpectedly contracted for the second consecutive month in October, a concerning development that highlights the economic challenges faced by the...
The German economy, long considered a powerhouse of global trade, experienced an unexpected setback in October, with exports declining more than anticipated. This downturn...
The Brazilian stock market, represented by the Ibovespa index, fell 1.5% on Thursday, dropping below the key 127,900 level. This steep decrease might attributed...
Colombia’s Congress dealt a big blow to President Gustavo Petro’s administration on Wednesday by rejecting a critical tax reform to strengthen the country’s budget...