Kuwait city: The International Monetary Fund (IMF) has revised its 2025 global growth forecast upward to 3.2 percent but cautions about challenges due to evolving financial and trade policies. The IMF’s October 2025 World Economic Outlook report highl…
Philadelphia: Federal Reserve Chair Jerome Powell on Tuesday suggested the central bank is nearing a point where it will stop reducing the size of its bond holdings, but gave no long-run indication of where interest rates are heading. Speaking to the …
Copenhagen: European Trade Commissioner Maros Sefcovic announced that the European Union is aligning with its G7 partners to counter China’s recent “unjustified” export controls on rare-earth technologies. Sefcovic emphasized the urgency of the situat…
Philadelphia: Federal Reserve Chair Jerome Powell on Tuesday suggested the central bank is nearing a point where it will stop reducing the size of its bond holdings, but gave no long-run indication of where interest rates are heading. Speaking to the …
Stockholm: The Royal Swedish Academy of Sciences announced on Monday that scholars Joel Mokyr, Philippe Aghion, and Peter Howitt have been awarded the 2025 Nobel Prize in Economic Sciences for their contributions to explaining innovation-driven econom…