Economy

The potential takeover of Germany’s Commerzbank by Italy’s UniCredit has ignited a fierce political and economic debate, with German Chancellor Olaf Scholz coming out firmly against the deal. As UniCredit…

Mexico’s economic activity rebounded strongly in July, posting a notable 3.8% growth compared to the same month last year. This sharp recovery follows a disappointing 0.6% decline in June, exceeding…

In a significant move to address mounting financial pressures, China has announced plans to recapitalize its largest commercial banks for the first time in over a decade. The initiative is…

Geopolitics currently holds the highest risk and is more important for mankind than interest rates in Japan and the United States, JPMorgan CEO Jamie Dimon said in an interview. Speaking…

Britain’s national debt has recently hit a critical threshold, reaching 100% of GDP for the first time in more than six decades.  As the country faces mounting financial pressures, Chancellor…

US stocks have surged over the past two days following the Federal Reserve’s decision to lower its benchmark interest rate by 50 basis points. This marks the Fed’s first rate…

Venezuela’s once-promising investment landscape has drastically deteriorated, largely due to political turmoil and economic collapse. Following the contested elections on July 28, foreign investors are increasingly wary of engaging with…

The Swiss Market Index (SMI) and the Swiss franc (CHF) will be in the spotlight this week as the Swiss National Bank (SNB) delivers its interest rate decision. The USD/CHF…

S&P 500 has already rallied well over 20% this year but Brian Belski, the chief investment strategist of BMO Capital Markets, sees further gains in the months ahead. The benchmark…