Analyzes macroeconomic trends, central bank policies, global inflation, tariff disputes, and international trade agreements.
Shipping companies are paying more than $1 million, and in some cases up to $4 million, to jump the queue at the Panama Canal. The surge follows the closure of the Strait of Hormuz and a new El Niño-driven drought.
The US Treasury sold $25bn of 30-year bonds at a yield of 5.216%, the most expensive long-term borrowing since 2001, as investors demand greater compensation for persistent inflation and a widening deficit.
The US State Department has concluded a settlement with the British defence company's US subsidiary over breaches of arms export rules. Half the penalty will be suspended if BAE strengthens its compliance programme.
Greenland's government has told Greenland Energy, a Texas company with ties to Donald Trump, that it cannot obtain drilling permits in time for its planned start date. The decision pushes back a project the US president's envoy had said could produce oil within a year.
Brent crude climbed close to $90 a barrel on Tuesday after negotiations between Washington and Tehran over reopening the Strait of Hormuz broke down. The travel group Tui reported a 43% drop in quarterly pre-tax profit, citing higher fuel costs tied to the conflict.
Repeated heatwaves between May and July are estimated to have cut UK economic output by £4.4bn, according to green think tank Verdant, which warns annual losses could exceed £25bn by 2030.
Chinese electric car brands captured 14.2% of western Europe's battery electric vehicle market in early 2026, intensifying pressure for tighter tariffs and quotas.
Oil and gold prices jumped after US President Donald Trump said Iran must compensate Washington for war damages, a new condition that further complicates efforts to reopen the Strait of Hormuz. British housebuilder Bellway also warned that profit will land at the bottom of its forecast range.
World merchandise trade grew faster than expected in 2025 even as the United States imposed its steepest tariffs in a century. Economists point to rerouted supply chains, a surge in AI-related exports, and new deals bypassing Washington altogether.
The US economy unexpectedly shed jobs in July and prior months were revised sharply lower. Economist Jed Kolko says the unemployment rate and broader trends tell a more reassuring story.
Users of Meta's camera-equipped Ray-Ban glasses report public hostility and online abuse, as European regulators separately scrutinise whether the devices comply with privacy law.
Airbus handed over 67 aircraft in July, matching its pace from a year ago, while formally booking a wave of Chinese airline orders that pushed its 2026 order tally past 1,000 for the first time.
Europe's worst wildfire season in modern times has prompted the European Central Bank to declare climate and nature breakdown a direct threat to price stability, loan quality, and the global economy. The bank is now acting on that assessment, not just studying it.
Iran's Islamic Revolutionary Guard Corps launched ballistic missiles at American forces on Wednesday, shattering a brief pause in hostilities and driving crude oil prices sharply higher.
The International Monetary Fund projects world economic growth at 3.0 percent in 2025 and 3.1 percent in 2026, a modest recovery from April's gloomier forecast but still well below pre-pandemic norms. Tariffs, fragmentation, and threats to central bank independence remain the Fund's chief concerns.
The Dutch semiconductor equipment maker has doubled in value within a year, fuelled by surging AI-driven demand for its irreplaceable chip-printing machines. Analysts say a $1 trillion valuation is now a realistic, if not certain, prospect.
A new study by Germany's leading economic research institute finds transatlantic goods trade reached an all-time high last year, even as tariffs battered European manufacturers and distorted the picture with a pre-tariff export rush.