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Central Bank of Turkey on thorny path to bring inflation down to 24% by year end
The Turkish regulator is facing a critical challenge to bring inflation down to 24% by the end of 2025. The national economy could suffer serious fallout unless this goal...
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US budget crisis deepens as deficit surpasses $1 trillion in February
According to CNBC analysts, the first month of Donald Trump's presidency has brought the growing issues of the national debt and the budget deficit into sharp focus. In February...
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China’s government passes Special Action Plan for Stimulating Consumption
China’s government is taking bold steps to boost domestic consumption. The Chinese authorities have unveiled a new stimulus package. This crucial initiative is expected to prop up the national economy...
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Trade war tensions mount, with US and EU businesses bracing for impact
Trade disputes between the United States and the European Union threaten to cut into profits for companies on both sides. Tensions are escalating, and resolving the standoff is becoming increasingly...
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Moody’s upgrades Greece’s rating
Great news for Greece! Moody’s has upgraded the country’s long-term sovereign credit rating from Ba1 to Baa3, officially granting Greece investment-grade status. A big win! Even better, the agency...
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Canada has no intention to become 51st state of US
Canada is ready for negotiations with US President Donald Trump but only if he stops joking about the country becoming the 51st state. Seriously, this is not a game...
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China plans to boost domestic consumption
China’s authorities are ready to boost domestic consumption to support the economy. A bold move! On March 16, the Chinese government introduced a new document, "Special Action Plan to Boost...
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BRICS turns to blockchain for smoother cross-border payments
The BRICS alliance is ramping up its push for blockchain adoption in international transactions. Member nations are exploring how this technology can streamline cross-border payments, reduce inefficiencies, and bolster trade...
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US lawmakers pushing ahead with legislation on stablecoins
The US crypto sector is again buzzing with innovation, and some ambitious initiatives may soon become reality. Currently, US lawmakers are debating a new legislative proposal known as GENIUS. This...
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EU authorities to revise gas storage rules
European policymakers are planning to ease gas storage targets. The EU authorities are working on mandatory gas storage regulations that will be more flexible, amid concerns that current rules could...