News
Mideast war drives up bond yields, budget risk
7+ hour, 13+ min ago (679+ words) Paris (France) (AFP) " The Middle East war is driving up the cost of public debt in rich countries which could jam state budgets and push governments to unfold austerity policies, economists warn. Issued on: 20/05/2026 - 18: 03 The yields demanded by investors to…...
Business - G7 finance ministers meet in Paris as headwinds mount for global economy
2+ day, 13+ hour ago (216+ words) France 24 - We and our partners use cookies or similar technologies to access and store non-sensitive information such as your IP address. - The processing of your personal data allows us, for example, to improve your user experience, monitor audience ratings, offer…...
Strong US economy's resilience to shocks tested by Iran war
1+ week, 8+ hour ago (671+ words) Washington (United States) (AFP) " If you look at the numbers, the United States economy seems to be doing surprisingly well despite massive successive shocks from the pandemic, Ukraine war, tariffs, and now the Iran war energy crunch -- but economists warn…...
US Senate confirms Trump-nominee Warsh to Federal Reserve board
1+ week, 1+ day ago (553+ words) Washington (United States) (AFP) " The US Senate on Tuesday confirmed Kevin Warsh as a governor on the board of the Federal Reserve, clearing the way for him to take the reins of the central bank later this week as the…...
US consumer inflation hits three-year high fuelled by Iran war
1+ week, 1+ day ago (674+ words) Washington (United States) (AFP) " Consumer inflation in the United States hit a three-year high in April, with the economic fallout of US President Donald Trump's Iran war rippling through the world's largest economy. Issued on: 12/05/2026 - 15: 35 Modified: 12/05/2026 - 16: 36 The consumer price index…...
IMF warns of 'inevitable' AI-powered threats to global financial system
1+ week, 6+ day ago (357+ words) Washington (United States) (AFP) " The International Monetary Fund (IMF) warned on Thursday of the risks to global financial stability posed by cyberattacks powered by advanced artificial intelligence tools, calling for greater international cooperation on the issue. Issued on: 07/05/2026 - 18: 29 "IMF analysis…...
US trade gap widens in March as AI spending boosts imports
2+ week, 1+ day ago (412+ words) Washington (United States) (AFP) " The US trade deficit grew slightly less than expected in March, government data showed Tuesday, as spending linked to the artificial intelligence buildout boosted imports. Issued on: 05/05/2026 - 15: 39 But US exports of crude oil and petroleum products…...
German inflation jumps in April as energy costs surge
3+ week, 10+ hour ago (263+ words) Frankfurt (Germany) (AFP) " German inflation jumped to its highest level in over two years in April as the Middle East war triggered a surge in energy costs, official data showed Wednesday. Issued on: 29/04/2026 - 14: 55 Consumer prices in Europe's biggest economy rose…...
New York restaurant's $40 half chicken fuels cost of dining debate
3+ week, 1+ day ago (638+ words) New York (AFP) " Hugo Hivernat's restaurant was only open for a few days before he got dragged into New York's cost of living row for pricing a half rotisserie chicken at $40. Issued on: 28/04/2026 - 03: 21 For some, the cost highlights how dining…...
Oil falls, stocks mixed as traders weigh outlook after Trump extends truce
4+ week, 20+ hour ago (725+ words) Hong Kong (AFP) " Oil prices fell and stocks were mixed Wednesday as investors assess the chances of US-Iran peace talks after Donald Trump extended his ceasefire at the eleventh hour but kept his blockade of the Strait of Hormuz in…...