Economic conditions
The ongoing trade war with China has exposed the U.S. economy's deep reliance on China's rare earth minerals, which are crucial for modern high-tech society. China's control of the global rare earths supply has given it significant leverage in the trade dispute, with
Economic conditions
Ukraine's struggle to counter the Russian invasion has been hindered by a lack of financial resources. With billions of euros in frozen Russian assets, experts argue that the country should be granted access to this money to bolster its defense efforts. The European Union Commission and the Belgian
Economic growth
North Yorkshire Council's £10m Whitby Maritime Training Hub project is gaining momentum, with construction work underway despite concerns from local campaigners. The hub aims to create a world-class facility for training and accommodation, attracting businesses and service providers to the area. It is set to provide a diverse
Economic growth
Botswana's economic prospects are worsening, as the country's crucial mining sector continues to underperform, potentially leading to slower growth than government forecasts. Local economists and experts are sounding the alarm, citing the need for urgent reform to stimulate private sector growth. Recent data and projections indicate
Economic development
Egypt's Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat presented the draft economic and social development plan for the fiscal year 2025/2026 to the Senate, emphasizing its focus on strengthening the economy's resilience against crises and leveraging untapped opportunities for inclusive growth and
Economic development
Corruption has become an entrenched problem in South Asia, hindering economic development and growth. According to Transparency International (2022), the region is consistently plagued by high levels of corruption, with government agencies such as procurement, tax administration, and public services being particularly vulnerable. This widespread corruption discourages both domestic and
Economic development
Despite economic uncertainty, Desjardins has posted solid financial results for the first quarter, with a surplus before membership payments of $738 million as of March 31, 2025, a decline from $117 million in the same period in 2024. The decline in surpluses is mainly due to the non-life insurance sector&
Economic conditions
As Donald Trump's presidency continues to wreak havoc on the US economy and global relations, it is imperative to acknowledge the inevitability of a catastrophic downfall. The comparison of the US to Wile E Coyote, a Looney Tunes character who runs off the edge of a cliff, is
Economic conditions
The International Monetary Fund (IMF) has released a report projecting significantly weaker global growth at 2.8 per cent for 2025, with over 120 countries expecting growth downgrades, making up 86 per cent of world GDP. This comes as India continues to remain the world's fastest-growing major economy,
Economic conditions
The International Monetary Fund (IMF) has cut India's FY26 growth forecast to 6.2%, citing trade tensions and uncertainty due to US tariffs. This is a 30 basis points reduction from its January projection. The IMF also slashed its global economy growth forecast in calendar year 2025 by
Economic conditions
The International Monetary Fund (IMF) has significantly downgraded its global growth forecast, citing the impact of US tariffs on global trade, which has led to unprecedented uncertainty and a sharp increase in tariff rates. The IMF's report warns that global growth will slow down from 3.3% in
Economic conditions
The UK's economic growth forecast has been slashed by the International Monetary Fund (IMF) due to Donald Trump's tariffs and rising energy bills, prompting SNP MP Dave Doogan to urge Labour to focus on improving ties with the EU rather than chasing minor deal changes with
