UAE strengthens position among fastest-growing economies
ABU DHABI, December 18, 2025: The United Arab Emirates strengthened its position in 2025 as one of the world’s fastest-growing economies, driven by broad-based expansion in...
Tag : global economy
Tesla loses ground in China as local rivals gain strength
Elon Musk’s companies face rising costs, falling stocks, and backlash as U.S. tariffs and global tensions grow....
South Korea’s economy expands 2 percent in 2024, stable growth
Bank of Korea confirms South Korea’s economy grew 2 percent in 2024, showing resilience amid global challenges and steady GDP recovery....
India remains a top investment hub as World Bank reaffirms confidence
The World Bank reaffirms confidence in India’s economic growth, citing strong resilience, investment appeal, and progressive policies that drive the country’s global economic leadership....
Crude extends gains amid OPEC+ uncertainty and weaker U.S. dollar
Oil prices extended gains, settling above $72 a barrel as supply concerns, OPEC+ policy uncertainty, and a weaker U.S. dollar supported crude amid market volatility....
UNCTAD urges Africa to boost trade ties for economic resilience
UNCTAD’s 2024 report warns Africa remains highly vulnerable to global shocks, urging stronger regional trade and policy reforms to unlock AfCFTA’s $3.4 trillion potential....
UK growth forecast slashed as Bank of England lowers rates
The Bank of England cut interest rates to 4.5% amid weak UK growth, signaling further reductions ahead as inflation slows and economic uncertainty persists....
Korean won hits new yearly low amid Trump tariff concerns
The Korean won hit a new yearly low, falling to 1,471.35 per dollar, as US tariffs and domestic political tensions increase economic uncertainty in South...
Kremlin rebuffs Trump’s claim on BRICS currency, stresses investments
Moscow rebuffed Trump’s claims on BRICS forming a currency, asserting that the group is prioritizing joint investments rather than replacing the U.S. dollar in global...
Elliott Management warns of crypto collapse due to White House backing
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....