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News
The government’s fiscal performance
1+ hour, 39+ min ago (113+ words) The public finance indicators through the end of June 2026 present a generally positive picture of the government’s fiscal performance. They show the government’s ability to maintain fiscal and monetary stability despite a challenging regional and economic environment. Several indicators are......
Turkiye posts first current account surplus in 9 months
11+ hour, 19+ min ago (279+ words) Türkiye recorded the first current account surplus in nine months in July, official data showed Friday, as strong services revenues and an improvement in the trade deficit supported the external balance. Data from the Central Bank of the Republic of…...
British economy facing winter squeeze as gas prices surge
4+ hour, 11+ min ago (285+ words) Sunday 13 September 2026 Houthi fighters chanting and raising rifles atop a military vehicle in Dhubab district, Taiz province, Yemen Gas prices in the UK and Europe climbed to their highest level since 2022 as a resurgence of conflict in the Middle East…...
Canadians shifting toward shorter mortgage terms as interest rates remain elevated
11+ hour, 6+ min ago (329+ words) Canadian mortgage borrowers have increasingly moved away from five-year or longer fixed-rate mortgages since 2022, opting instead for shorter fixed terms and variable-rate products, according to new analysis from Canada Mortgage and Housing Corporation. CMHC says the shift can provide borrowers…...
Finance minister nominee Lee says active fiscal role needed to lift growth, ease inequality
11+ hour, 28+ min ago (401+ words) Written answers submitted ahead of Tuesday confirmation hearing 'Fiscal spending should be judged by results, not size' Petroleum price cap to be lifted when oil market stabilizes In written answers submitted to the National Assembly ahead of his confirmation hearing,…...
Pound climbs after UK growth beats expectations, powered by AI and tech boom
2+ day, 2+ hour ago (339+ words) Britain's economy grew 0.4% in July when economists expected flat output, with artificial intelligence investments driving the surprise Flag of the United Kingdom / Wikimedia Commons (public domain) The British pound ticked higher after official data showed the UK economy grew 0.4% in…...
No Secretary Bessent, We Aren't Magically Growing Our Way Out Of Debt
18+ hour, 42+ min ago (14+ words) ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero...
Govt plans to clear Rs3.6tr gas circular debt in three years
23+ hour, 7+ min ago (304+ words) ISLAMABAD – The federal government has decided to introduce a three-year plan to eliminate the gas sector’s circular debt of Rs3.6 trillion in an effort to meet a key condition agreed with the International Monetary Fund (IMF). The sources said that the…...
US 2026 Budget Deficit Hits $1.97 Trillion With One Month Left; Interest At Record $1.4 Trillion
1+ day, 13+ hour ago (14+ words) ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero...
UK economy beats expectations in July with 0.4% growth
2+ day, 2+ hour ago (307+ words) LONDON, Sept 11 (Reuters) – Britain’s economy grew by a much stronger than expected 0.4% in July, extending the strong performance seen in the first half of the year despite headwinds from the U.S.-Iran war, figures from the Office for National…...