Australia’s economy remains sluggish as consumer spending declines
Australia’s economy showed signs of persistent weakness in the second quarter of 2024, with gross domestic product (GDP) growing by...
Read more
Politics
Zurich Cantonal Bank (ZKB) rolls out Bitcoin and Ethereum trading services
Zurich Cantonal Bank (ZKB), Switzerland’s fourth-largest bank, has entered the cryptocurrency market, offering trading and custody services for Bitcoin and...
Read more
The $35-trillion elephant in the room: US debt is sinking America
America’s debt has ballooned to an eye-watering $35 trillion, and the cost of servicing that debt is now over $3...
Read more
Job openings in US fall to lowest level since 2021, JOLTS data shows
Job openings in the United States dropped more than expected in July, reflecting a cooling labor market and further cementing...
Read more
Volkswagen considers factory closures: What it means for Germany’s manufacturing sector
Germany’s manufacturing industry is facing a critical juncture as Volkswagen and Intel weigh significant operational changes. Volkswagen, a cornerstone of...
Read more
Brazil’s PMI decline to 52.9 in August highlights sluggish private sector activity
Brazil’s economic momentum experienced a sharp reversal in August, as indicated by the S&P Global Composite PMI. After reaching a...
Read more
Russian official reveals Turkey’s BRICS ambitions: How will the US respond?
Turkey’s bid to join the BRICS bloc—comprising Brazil, Russia, India, China, and South Africa—has stirred global interest and concern. According...
Read more
