Mining Overtakes Bananas as Ecuador's No. 2 Export Behind Shrimp
Economy

Mining Overtakes Bananas as Ecuador's No. 2 Export Behind Shrimp

Ecuador's non-oil exports hit a first-half record of $14.65bn as mining shipments rose 41% to $2.63bn, displacing banana...

Niamh O'Sullivan 👁 51 💬 0
Brussels Says Green Supply-Chain Laws Are Not Up for Negotiation as US Trade Pressure Mounts
Economy

Brussels Says Green Supply-Chain Laws Are Not Up for Negotiation as US Trade Pressure Mounts

Washington wants the CSDDD and CSRD softened to protect US exporters, but Brussels says its regulatory autonomy is off t...

Niamh O'Sullivan 👁 53 💬 0
Australia’s Food Delivery Riders Gain Minimum Pay and Protections From Monday
Economy

Australia’s Food Delivery Riders Gain Minimum Pay and Protections From Monday

A first-of-its-kind Fair Work Commission order takes effect from Monday, setting a pay floor of $31.30–$32.00 for Austra...

Niamh O'Sullivan 👁 56 💬 0
Colombia Asks Washington to Suspend US Tariffs After 7.4 Quake Kills 294
Economy

Colombia Asks Washington to Suspend US Tariffs After 7.4 Quake Kills 294

President de la Espriella has asked Donald Trump for temporary tariff relief for Colombian exporters as the August 10 ea...

Niamh O'Sullivan 👁 52 💬 0
Brazil’s Tax Reform Leaves a Key Question Unanswered: Will Shelf Prices Show or Hide Tax?
Economy

Brazil’s Tax Reform Leaves a Key Question Unanswered: Will Shelf Prices Show or Hide Tax?

Retailers and tax authorities are divided over whether Brazil’s new consumption tax will appear in advertised prices, wh...

Niamh O'Sullivan 👁 54 💬 0
U.S. Consumer Sentiment Slides to 51.0 as Conflict-Driven Inflation Fears Return
Economy

U.S. Consumer Sentiment Slides to 51.0 as Conflict-Driven Inflation Fears Return

The University of Michigan index fell from 55.2 to 51.0 in August, reversing two months of gains as households raised ne...

Niamh O'Sullivan 👁 52 💬 0
Cape Verde President Promulgates Revised 2026 State Budget of €942 Million
Economy

Cape Verde President Promulgates Revised 2026 State Budget of €942 Million

The rectified budget raises state spending from €868m to €942m, with new funds for education, oncology and kidney transp...

Niamh O'Sullivan 👁 54 💬 0
Wildfire Smoke Is Already an Earnings Problem — and We Keep Choosing to Ignore It
Economy

Wildfire Smoke Is Already an Earnings Problem — and We Keep Choosing to Ignore It

New research ties wildfire smoke to a 2% U.S. labor-income hit, yet behavior still lags the risk. That gap has direct op...

Niamh O'Sullivan 👁 48 💬 0
Klingbeil Proposes Scrapping €1,080 Tax-Free Staff Discounts, Angering Coalition
Economy

Klingbeil Proposes Scrapping €1,080 Tax-Free Staff Discounts, Angering Coalition

A draft tax-reform bill would end the annual tax-free allowance for employee discounts, saving Germany €240 million a ye...

Niamh O'Sullivan 👁 52 💬 0
China's Financial Regulator Orders Faster Small-Bank Consolidation and Property Credit Fix
Economy

China's Financial Regulator Orders Faster Small-Bank Consolidation and Property Credit Fix

Under new party chief Ding Xiangqun, the NFRA is pushing weak rural banks toward consolidation, expanding a property whi...

Niamh O'Sullivan 👁 54 💬 0
IMF Sees $4.7 Billion of Egypt State Divestment Proceeds Going to Debt Reduction
Economy

IMF Sees $4.7 Billion of Egypt State Divestment Proceeds Going to Debt Reduction

The estimate is conditional on completing remaining asset sales and allocating at least half to debt, while the fund war...

Niamh O'Sullivan 👁 62 💬 0
US 30-Year Treasury Yield Hits 25-Year High as Deficit Financing Costs Mount
Economy

US 30-Year Treasury Yield Hits 25-Year High as Deficit Financing Costs Mount

A 30-year auction priced at 5.216% and a 10-year sale at 4.683% show investors demanding more for US debt as July's defi...

Niamh O'Sullivan 👁 61 💬 0
Is a New Global Financial Map Forming? IMEMO’s Vladimir Milovidov on Gold, the Dollar and Sanctions
Economy

Is a New Global Financial Map Forming? IMEMO’s Vladimir Milovidov on Gold, the Dollar and Sanctions

An Interfax interview with economist Vladimir Milovidov argues global finance is fragmenting in limited but visible ways...

Niamh O'Sullivan 👁 58 💬 0
Nara Keeps 'Recovering' Call for 16th Quarter, but Frugal Shoppers and Mixed Output Persist
Economy

Nara Keeps 'Recovering' Call for 16th Quarter, but Frugal Shoppers and Mixed Output Persist

The July regional report kept its recovery verdict, but flagged price-driven consumer frugality, two-tier store demand, ...

Niamh O'Sullivan 👁 45 💬 0
US Inflation Stays at 3.4% as 25-Year-High Bond Yields and Soft Jobs Data Test the Fed
Economy

US Inflation Stays at 3.4% as 25-Year-High Bond Yields and Soft Jobs Data Test the Fed

US inflation is stuck at 3.4%, long-term Treasury yields have hit 25-year highs above 5%, and weak job creation is compl...

Niamh O'Sullivan 👁 56 💬 0
Chile's Court Keeps Investment Tax Breaks, Kills Environmental Compensation Clause
Economy

Chile's Court Keeps Investment Tax Breaks, Kills Environmental Compensation Clause

Constitutional ruling leaves most investment invariability intact but strikes state compensation for revoked environment...

Niamh O'Sullivan 👁 61 💬 0
US places Brazil in group accused of helping China evade Trump tariffs
Economy

US places Brazil in group accused of helping China evade Trump tariffs

A White House report puts Brazil among more than 40 countries it says help reroute Chinese goods to dodge US tariffs, al...

Niamh O'Sullivan 👁 55 💬 0
Brazil Opens Reciprocity Process Against US Over Trump Tariffs
Economy

Brazil Opens Reciprocity Process Against US Over Trump Tariffs

The Lula government has formally notified Washington that it is starting the Economic Reciprocity Law process, a step th...

Niamh O'Sullivan 👁 54 💬 0
SBI Projects 8% Q1 FY27 GDP Growth and Up to $85 Billion in Foreign-Currency Inflows
Economy

SBI Projects 8% Q1 FY27 GDP Growth and Up to $85 Billion in Foreign-Currency Inflows

The bank's economics team says the Indian economy is holding up on 19.3% credit growth, a rebound in FII flows and a sho...

Niamh O'Sullivan 👁 58 💬 0
PBOC Sets Lending Priorities: Domestic Demand, Tech and Small Business
Economy

PBOC Sets Lending Priorities: Domestic Demand, Tech and Small Business

China's central bank says it will keep monetary policy accommodative and steer credit toward domestic demand, innovation...

Niamh O'Sullivan 👁 51 💬 0
Argentina's Central Bank Chief Says Economy Is Growing Far Below Government Hopes
Economy

Argentina's Central Bank Chief Says Economy Is Growing Far Below Government Hopes

BCRA President Santiago Bausili puts growth near 2% annually, points to reviving credit and identifies missing long-term...

Niamh O'Sullivan 👁 49 💬 0
France's 2027 Budget Reopens the Pension Indexation Fight
Economy

France's 2027 Budget Reopens the Pension Indexation Fight

Bercy is again weighing a freeze or partial de-indexation of pensions, while one public-sector consultant says a multi-y...

Niamh O'Sullivan 👁 78 💬 0
Romania's External Debt Rises to €232.8 Billion as Foreign Investment Collapses
Economy

Romania's External Debt Rises to €232.8 Billion as Foreign Investment Collapses

BNR data show external debt rose €4.3bn to €232.8bn in H1 2026, the current account gap widened to €14.2bn, and foreign ...

Niamh O'Sullivan 👁 51 💬 0
Moody’s: Peru’s New Government Gets a Robust Fiscal Hand, but Not an Automatic Rating Upgrade
Economy

Moody’s: Peru’s New Government Gets a Robust Fiscal Hand, but Not an Automatic Rating Upgrade

Moody’s says Peru’s incoming administration starts from a “robust” fiscal position, but the road back to an “A” rating r...

Niamh O'Sullivan 👁 49 💬 0
Bruegel Chief Warns EU Must Speak With One Voice as US-China Trade Tensions Rise
Economy

Bruegel Chief Warns EU Must Speak With One Voice as US-China Trade Tensions Rise

Guntram Wolff says the tariff truce with Washington may be temporary and outlines why the EU needs a coordinated digital...

Niamh O'Sullivan 👁 60 💬 0
India's Capital Comeback Rests on Debt, FCNR Deposits and a Current Account Surplus
Economy

India's Capital Comeback Rests on Debt, FCNR Deposits and a Current Account Surplus

A June FCNR(B) swap window and record debt inflows are outweighing persistent equity outflows, giving the RBI a rare ext...

Niamh O'Sullivan 👁 65 💬 0
CommBank: Cost-of-living squeeze may ease by 2027 as wages cool
Economy

CommBank: Cost-of-living squeeze may ease by 2027 as wages cool

CommBank's July Wage and Labour Insight report points to easing inflation and a more balanced jobs market, but near-term...

Niamh O'Sullivan 👁 78 💬 0
Africa’s $74.5bn Risk Premium: The Case for Home-Grown Credit Ratings
Economy

Africa’s $74.5bn Risk Premium: The Case for Home-Grown Credit Ratings

UN adviser Ahunna Eziakonwa says biased sovereign risk perceptions cost Africa an estimated $74.5bn in extra debt-servic...

Niamh O'Sullivan 👁 48 💬 0
Cooler July Inflation Gives Fed Room to Hold Rates in September
Economy

Cooler July Inflation Gives Fed Room to Hold Rates in September

Lower-than-expected CPI and PPI readings have shifted market bets from a September hike to no change, but the August 26 ...

Niamh O'Sullivan 👁 56 💬 0
Turkey's Service Output Rises 1.3% in June but Sub-Sector Gaps Widen
Economy

Turkey's Service Output Rises 1.3% in June but Sub-Sector Gaps Widen

Information and communication services led with a 9.4% yearly gain, while real estate contracted 8.8%, highlighting a sh...

Niamh O'Sullivan 👁 40 💬 0