Beyond Europe’s 5% defence spending: the numbers tell a very different story
Europe’s NATO allies just made history. At the latest summit in The Hague, all 32 member states endorsed a bold new target: spend 5% of GDP on defence to prepare…
Economy
1618 posts
Gold prices unlikely to make further gains as risk appetite improves, experts say
Gold prices rose slightly on Monday, but the precious metal is likely to struggle to make further gains amid improved market sentiment. Expectations of more frequent and sooner-than-anticipated interest rate cuts…
Floki Inu eyes 40% breakout as Valhalla mainnet launch sparks bullish momentum
Cryptocurrencies demonstrate resilience as Bitcoin tests the $108,000 mark. Meanwhile, meme token Floki Inu looks to lead upside breakouts for altcoins, fueled by today’s bullish announcement.According to the June 30…
Citi Wealth CIO says traders ignoring warning signs in S&P 500
The U.S. stock market is presently witnessing an extraordinary period, with the S&P 500 Index trading at all-time highs. This remarkable rally has seen approximately $10 trillion added to the…
Oil prices face litmus test as US-Iran nuclear talks, OPEC meeting to shape market next week
Oil prices have stabilised at pre-Middle East conflict levels following the start of the ceasefire. Expanding the oil supply further, however, could prove to be a critical test.“The weekly US inventory…
Canada’s GDP slips in April as manufacturing falters
Canada’s real GDP fell 0.1% in April, reversing a 0.2% increase in March, according to Statistics Canada. The national economy was dragged down by a broad recession in goods-producing industries,…
Germany says DeepSeek illegally sends data to China, urges Apple, Google to review app
A top German data protection watchdog has called for tech giants Apple and Google to consider removing the Chinese AI app DeepSeek from their platforms, alleging the service unlawfully transfers…
London braces for scorching heatwave, hottest start to Wimbledon expected
London is likely to experience scorching heatwaves this weekend, with temperatures climbing and peaking on Monday, according to the Met Office. Rising temperatures coincide with the start of play at the…
Citi Wealth CIO says traders ignoring warning signs in S&P 500
The U.S. stock market is presently witnessing an extraordinary period, with the S&P 500 Index trading at all-time highs. This remarkable rally has seen approximately $10 trillion added to the…
Bolivians turn to crypto as inflation woes hit, transactions up 530%
Bolivians are increasingly embracing cryptocurrencies as they look to shield themselves against soaring inflation and persistent U.S. dollar shortages, Reuters reported.The move, aligning with a broader outlook across the Latin…