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Elliott Management warns crypto is a speculative bubble driven by hype and White House support, cautioning that its collapse could destabilize the U.S. dollar.
Core inflation stayed at 2.8% in December, aligning with expectations but above the Fed’s target. Rising energy costs and tariff threats pose risks to price stability.
Trump’s 25% tariffs on Canada and Mexico could drive up prices for gas, groceries, and cars, with experts warning of economic fallout and potential supply chain disruptions.
H&M shares dropped after missing Q4 sales estimates, though profit improved. CEO Daniel Ervér remains optimistic, citing early signs of recovery in the new fiscal year.
The euro zone economy stalled in Q4, posting zero growth, missing forecasts. The ECB responded with a rate cut as inflation concerns persist despite weak GDP data.
Russia achieved a historic milestone in 2024, with grain exports reaching a record-breaking 72 million tonnes, according to data released by…
The EU has pledged €60 million to provide emergency relief in the DRC, focusing on displaced populations and those affected by conflict and epidemics in the eastern regions.
UN Chief Antonio Guterres expressed concern over the US foreign aid freeze, urging exemptions to sustain vital humanitarian and development support for vulnerable communities worldwide.
Sheikh Abdullah and Dr. Jaishankar discussed UAE-India ties in Abu Dhabi, focusing on economic, cultural, and regional cooperation to strengthen their enduring strategic partnership.
Indian PM Modi congratulates Donald Trump on his second term, reaffirming India-US ties for mutual welfare, global peace, and security in a strategic dialogue.
