Economic

AI Boom Fuels Record Electricity Costs on Largest U.S. Grid

Economic
Washington D.C. – July 28, 2025 –  The price for electricity on the largest U.S. power grid has hit a new record high, with the...

US Stock Market Rises on a Recovery Hopes

Economic
New York, USA – July 28, 2025 –  Today's trading session saw a mixed bag for individual stocks, with a major athletic wear giant experiencing...

China’s Fiscal Spending Up 3.4% in First Half of 2025

Economic
China – July 27, 2025  China's fiscal expenditure grew 3.4% year-on-year in the first half of 2025, reaching nearly 14.13 trillion yuan (about $1.98 trillion...

China’s Fiscal Spending Up 3.4% in First Half of 2025

Economic
China – July 27, 2025  China's fiscal expenditure grew 3.4% year-on-year in the first half of 2025, reaching nearly 14.13 trillion yuan (about $1.98 trillion...

Egypt’s Economic Diplomacy and Sri Lanka’s Economic Reforms

Economic
Egypt's Economic Diplomacy Efforts Egyptian Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, recently engaged in bilateral talks on the sidelines of the...

BASF and Equinor Seal Ten-Year Natural Gas Deal to Boost eurozone energy

Economic
Ludwigshafen, Germany / Stavanger, Norway – July 18,2025 – Chemical giant BASF and Norwegian energy major Equinor today confirmed a strategic partnership, signing a...

Wall Street Roars to New Records

Economic
New York, USA – July 18, 2025 – Wall Street closed out a powerful trading day on Thursday, July 17th, with the S&P 500 and...

Bitcoin Surges to Record High: $120,000 and Counting

Economic
Bitcoin has reached a significant milestone, surpassing the $120,000 mark for the first time ever. This achievement comes amid a surge in institutional demand...

Uncertainty Over Tariff Levels Threatens Labor Improvements in Garment Factories

Economic
Factories that have signed up to implement UN-backed labor standards are facing uncertainty over tariff levels, potentially hindering improvements in working conditions. The unclear...

Mercedes-Benz to Implement Third Price Hike of 2025 in September

Economic
NEW DELHI, INDIA – July 14, 2025 Luxury carmaker Mercedes-Benz India has announced that it will increase the prices of its vehicles by 1-1.5%...
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