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ECONOMICS

US Removes Four Indian Companies From Russia-Related Sanctions List as Trade Deal Nears

The U.S. Department of the Treasury removed four Indian companies from the Office of Foreign Assets Control's (OFAC) Specially Designated Nationals and Blocked Persons (SDN) List on Monday, June 30.

Why China’s Gold Buying Spree May Create a Hidden Financial Vulnerability

By Mixer, Vision Times, Analysis China's central bank has now increased its gold holdings for 19 consecutive months, the longest uninterrupted buying streak in years. Since November 2024, the People's
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Cuba’s Reform Agenda Faces New US Pressure After Latest Sanctions
China Audit Finds 56 Counties Diverted $3.9 Billion in Rural Funds to Repay Debt
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Honduras Faces Economic Challenges After Diplomatic Shift From Taiwan to Communist China
Man with flags of Honduras and Republic of China (Taiwan)
Argentina’s $10 Billion Paraná Waterway Bid Draws Scrutiny Over Chinese, US Influence
SpaceX IPO Pushes Elon Musk Closer to $1 Trillion Net Worth
Jones Act Waiver Extension Belies Trump’s Effort to Rebuild American Shipping
container ship sits anchored in New York Harbor as it waits for the Port of Newark on October 2 2024
Gold’s Run to Record High Could Slow Demand
Gold has been the standout commodity performer so far this year, gaining 18.5 percent since the start...
US National Debt Surpasses $35 Trillion, Servicing it Now Second-largest Budget Item
On July 29, for the first time in history, the U.S. national debt surpassed $35 trillion and servicing...
Oil Drops to Two-Month Low as China Concerns Weigh In
Oil traded at its lowest levels since early June on Tuesday, July 30, as worries about low demand in...
US Transportation Department Opens Probe Into Delta Air Lines Following Widespread Flight Cancellations
The U.S. Department of Transportation announced on Tuesday, July 23, that it is opening an investigation...
Drug Giants Eye China for Deals Despite Growing Sino-US Tensions
Industry executives and investment bankers said some of the biggest global drugmakers are scouring for...
Europe Needs Way to Price Critical Minerals Independently of China, European Group Says
Europe needs a system to set prices for critical minerals needed for the energy transition that is not...
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Sellers Left Struggling to Make Ends Meet in China’s E-Commerce Price War
Chinese e-commerce vendors are struggling to survive with slowing sales growth and rising price pressures...
Airbus Upgrades 20-year Demand Forecast as Market Outlook Evolves
Airbus on Monday, July 15 revised up its 20-year demand forecast for jetliners. Many airlines are modernizing...
Federal Reserve Somewhat Confident Inflation Is Returning to Normal Levels, Interest Rate Cut May Be
According to recent comments by Federal Reserve chair Jerome Powell, key U.S. inflation readings measured...