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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...
Digital assets and US stocks are increasingly moving in tandem, reflecting the influence of similar macroeconomic factors. A recent correlation study reveals that the...
The potential takeover of Germany’s Commerzbank by Italy’s UniCredit has ignited a fierce political and economic debate, with German Chancellor Olaf Scholz coming out...
Mexico’s economic activity rebounded strongly in July, posting a notable 3.8% growth compared to the same month last year. This sharp recovery follows a...
Eurozone business activity unexpectedly contracted in September, signaling deepening troubles in both the services and manufacturing sectors. The region’s Purchasing Managers’ Index (PMI), compiled...
In a significant move to address mounting financial pressures, China has announced plans to recapitalize its largest commercial banks for the first time in...
Britain’s national debt has recently hit a critical threshold, reaching 100% of GDP for the first time in more than six decades. As the...
US stocks have surged over the past two days following the Federal Reserve’s decision to lower its benchmark interest rate by 50 basis points....
Venezuela’s once-promising investment landscape has drastically deteriorated, largely due to political turmoil and economic collapse. Following the contested elections on July 28, foreign investors...
The Swiss Market Index (SMI) and the Swiss franc (CHF) will be in the spotlight this week as the Swiss National Bank (SNB) delivers...
S&P 500 has already rallied well over 20% this year but Brian Belski, the chief investment strategist of BMO Capital Markets, sees further gains...