Economics
Insights on global economic trends, policy changes, and market dynamics. Covering inflation, trade, monetary policies, and key factors shaping the world economy.
Latest Economics News
Sharp Fall in Yuan Vs Dollar
Overseas, the yuan fell by more than 30 per cent against the U. S. dollar. It is equivalent to the lowest level for the yuan against the dollar since 2010, when rules for trading in Hong Kong were changed. The offshore yuan was reported to be down to 7.2386 per dollar Wednesday, where…
New Tariffs Add to Recession Fears
The chances of economic recession, both internationally and at home, have recently been weighed more heavily by experts in the financial markets. The shift in perspective follows the imposition of new tariffs this week by the Trump administration, and has prompted some of the world’s biggest brokerages to revise their economic outlooks.…
OPEC+ Nations Reach Agreement to Adjust Oil Output Levels
That's quite a change from the Organization of the Petroleum Exporting Countries and its allies (better known as OPEC+) this week, when eight member countries said they had coordinated a decision to vary levels of crude oil production. The decision is likely to have ripple effects throughout the global energy landscape,…
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