What trends dominated the commodity market in 2024?
The commodity markets in 2024 experienced wild swings from gold prices touching record highs to cocoa emerging as the best performer in the complex. The year saw growing conflicts in…
Economy
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The times they are a-changin: How the world readies for another Trump presidency
Like Bob Dylan’s prophetic The Times They Are A-Changin’, the global political landscape faces a seismic shift as Donald Trump prepares to return to the White House in January 2025,…
Why Brazil’s economy is booming but its stock market struggles to keep up
Brazil wraps up 2024 in a puzzling duality: impressive economic growth on the one hand and lackluster market performance on the other. Gross domestic product (GDP) growth is expected to…
Is Russia’s economy too fragile to sustain its war efforts?
Russia’s economy is in trouble with no signs of easing on the horizon. Inflation remains hot, interest rates hit record highs, and war-related spending stretches resources thin. Even Vladimir Putin…
UK economy stagnates as revised GDP figures show no growth in Q3
Britain’s economy stalled in the third quarter of the year, according to revised official government data released on Monday. A preliminary estimate for the third quarter released by the ONS…
Greenland under US control? Trump’s latest move raises questions
On Sunday, US President-elect Donald Trump wrote on social media website Truth Social, “For purposes of National Security and Freedom throughout the World, the United States of America feels that…
Brazil’s current account deficit hits $3.1 billion in November amid economic optimism
Brazil’s current account deficit increased to $3.1 billion in November, according to a report from the central bank on Monday. This data shows a growing deficit over the last year,…
US new home sales bounce back in November, yet mortgage rate concerns loom
New home sales in the United States experienced a notable rebound in November, recovering from a downturn caused by hurricanes the previous month. However, this positive development is tempered by…
Biden to decide fate of Nippon Steel’s $15 billion bid for US Steel: here’s what you need to know
President Joe Biden faces a critical decision on Nippon Steel’s $15 billion bid to acquire US Steel, a deal that has raised concerns over national security. The Committee on Foreign…
Why global conflicts and politics threaten economic recovery in 2025
As the global economy moves into 2025, the optimism of a post-pandemic recovery is fading. While 2024 saw central banks easing interest rates and stock markets reaching record highs in…