News
Romania, Pakistan and Indonesia launch trilateral trade cooperation
6+ hour, 12+ min ago (189+ words) This strategic partnership capitalizes on Pakistan's location at the crossroads of Central Asia, Indonesia's leading role in ASEAN, and Romania's position as the EU's gateway to the Black Sea region and emerging markets, according to nation. com. pk. During the…...
Where does China's $1 trillion trade surplus go?
7+ hour, 54+ min ago (939+ words) KYOTO " China's export machine continues to impress with its strength. The country ended last year with the largest merchandise trade surplus in world history ($1. 2 trillion), underscoring the continued competitiveness of its manufacturing sector. But the money earned is no longer…...
The World Bank has downgraded its global economic outlook
1+ day, 9+ hour ago (229+ words) In its June "Global Economic Prospects" report, the World Bank lowered its forecast for global economic growth in 2026 from 2. 6% to 2. 5%. Analysts note that this will be the weakest global GDP growth rate since the COVID-19 pandemic. GDP growth is expected…...
Investors have begun to assess the risk of businesses being replaced by artificial intelligence
2+ day, 7+ hour ago (314+ words) According to Bloomberg, Apollo is implementing an additional screening process for software companies prior to investment, assessing how resilient their business models are to the rapid development of generative artificial intelligence. The issue is not only whether companies use AI…...
Goldman Sachs: The U. S. economy will continue to grow, while Europe's growth will slow by half
2+ day, 23+ hour ago (470+ words) Goldman Sachs Chief Economist Jan Hatzius made this forecast in an interview with the Swiss newspaper Neue Z'rcher Zeitung (NZZ). In his view, the impact of the conflict in the Middle East on the global economy will be limited. If…...
US Inflation Rises to 4. 2% as Middle East Tensions Drive Energy Prices
3+ day, 6+ hour ago (276+ words) The main driver of growth has been rising energy prices amid the conflict in the Middle East, which reduces the likelihood of an imminent easing of monetary policy by the Federal Reserve, Reuters notes. According to the U. S. Department of Labor,…...
NBS: Annual inflation slowed in May
3+ day, 12+ hour ago (234+ words) Non-food goods saw the most significant price increases over the past year (compared to May 2025). On an annual basis, average prices for food rose by 5. 7%, for non-food goods by 7. 2%, and for services provided to the public by 7. 5%. The NBS also…...
Dollar rises on strong US jobs data and Fed rate expectations
5+ day, 10+ hour ago (197+ words) Currency markets were subdued compared to more volatile financial instruments, where falling technology stocks swept Asia and destabilized European stock markets. The dollar held its ground, strengthened after the release of data showing a 172, 000 increase in non-farm payrolls last month,…...
The marathon of cheaper fuel continues
1+ week, 1+ day ago (210+ words) logos-pres. md The marathon of cheaper fuel continues The favorable price dynamics was due to a decrease in international Platts quotations for oil products, which was facilitated by the prospects of a possible settlement of the conflict between the United…...
When will the dollar weaken and why do we benefit?
1+ week, 2+ day ago (612+ words) The results of the Reuters poll on the dollar remain contradictory. Uncertainty related to the war in the Middle East and concerns about rising oil prices and global inflation cloud the medium-term outlook. Since the conflict began three months ago,…...