Economy- Page 18

Uzbekistan food processing and metals export facility Central Asia

Uzbekistan Targets $4.5 Billion in Processed Food Exports and $4.2 Billion Metals Drive

Uzbekistan is targeting $4.5 billion in processed food exports this year, rising to $10 billion by 2030, as parallel metals projects worth $4.2 billion aim to triple profits from the country's copper

July 10, 2026

by Economy Desk

Volkswagen workers on the production line at a German factory facing mass layoffs

Volkswagen Board Weighs 100,000 Layoffs in Germany’s Largest Industrial Contraction

Volkswagen's board met Thursday to vote on 100,000 job cuts and four German plant closures, the largest contraction in postwar German history. IG Metall and works council jointly called it an attack on Germany's social peace, with Lower Saxony's blocking

July 10, 2026

by Economy Desk

Gas station pump prices reflecting surging energy costs from the Iran war 2026 oil inventory crisis

US Gasoline Prices Snap 50-Day Slide as Iran Escalation Rattles Energy Markets

The national average price of regular gasoline rose to $3.84 per gallon on Thursday, its first

Best savings account checklist: 10 factors to evaluate in 2026

Introduction Selecting the best savings account involves more than simply opening the first account that appears

Bitcoin price crash below $60,000 for first time since 2024 as crypto markets sell off

Bitcoin Breaks Below $60,000 for First Time Since 2024 as Trump Rally Fully Unwinds

Bitcoin slid to $59,110 on Friday, breaching the $60,000 floor for the first time since October 2024 and effectively erasing the entire post-election rally that carried the cryptocurrency to a record $122,000.

June 7, 2026

Business·Crypto·Economy·News

Saudi Energy Minister Prince Abdulaziz bin Salman and OPEC Secretary-General Haitham Al Ghais at SPIEF ahead of July 2026 output decision

OPEC+ Locks In Group-Wide Production Quotas Through December in First Full Ministerial Without UAE

OPEC+ locked in its group-wide production quotas through December 31 at its 41st ministerial on Sunday, the first full session held without the United Arab Emirates. The decision preserves the alliance's baseline

June 7, 2026

Business·Economy·News

OPEC headquarters Vienna as seven-nation group extends overproduction compensation deadline to December 2026

OPEC+ Extends Overproduction Compensation Deadline to December 2026 as Hormuz War Upends Market

The seven-nation OPEC+ core group voted Sunday to extend the compensation window for overproduction dating to January 2024 through the end of December 2026, a six-month extension that reflects the alliance's difficulty

June 7, 2026

Business·Economy·News

OPEC+ Approves 188,000 Bpd Output Hike for July in Fourth Consecutive Increase Since Hormuz Crisis

Seven OPEC+ nations approved a 188,000 barrels-per-day production increase for July, the fourth consecutive monthly hike since the Strait of Hormuz crisis shuttered Gulf supply — yet the targets remain largely undeliverable

June 7, 2026

Business·Economy·News

Gold bars and precious metals prices decline chart at 100 days of Iran-Israel war

Gold Down 18%, Palladium Loses Nearly a Third as Iran War Hits 100-Day Mark

Precious metals that soared to all-time highs before the US-Israeli strikes on Iran have surrendered those gains and more, with palladium leading losses at 31% as the Federal Reserve holds rates high

June 7, 2026

Business·Economy·News

SpaceX Starship rocket at Starbase Texas prepared for test flight ahead of IPO 2026

SpaceX’s IPO Is Built on Tesla’s Retail Army — and the S&P 500 Won’t Save It If They Blink

SpaceX’s June 12 debut allocates up to 30% of shares to retail investors — triple the typical rate — while S&P Dow Jones’s refusal to bend its profitability rule means no passive

June 7, 2026

Business·Economy·News

AfD Bundestag energy lawmaker Steffen Kotré at SPIEF 2026 in St. Petersburg

AfD’s Kotre at SPIEF: Nord Stream Blockage Is Political, Not Technical

AfD Bundestag energy lawmaker Steffen Kotré, speaking at SPIEF 2026, says every technical obstacle to reviving Nord Stream can be overcome — the only thing standing in the way is political will,

June 7, 2026

Business·Economy·News

Ousmane Sonko, sacked as Senegal's prime minister and elected speaker of parliament, speaks to supporters

Senegal’s Faye Sacked His Mentor Sonko. Now They Govern as Rivals.

Two years after they won power together, Senegal's President Bassirou Diomaye Faye has sacked his mentor and prime minister, Ousmane Sonko, who now controls parliament as speaker and is boycotting the new

June 7, 2026

Economy·Government and Politics·News

JPMorgan Chase headquarters as bank goes neutral on Turkish assets over election and dollarization risks

JPMorgan Goes Neutral on Turkey as Election Risk and Dollarization Fears Rattle Wall Street

JPMorgan has stepped back from structural long positions on Turkish assets, citing the unpriced risk of snap elections before year-end and the threat of precautionary dollarization — a retreat that coincides with

June 6, 2026

Business·Economy·News

World Bank approves EUR 191.5 million loan for Turkey Green and Future Cities Project in Antalya and Konya

World Bank Approves €191.5 Million Loan to Modernize Turkey’s Cities of Antalya and Konya

The World Bank approved a €191.5 million loan for Turkey's Green and Future Cities Project, targeting transport, water, and sanitation upgrades in Antalya and Konya — a bet on municipal creditworthiness as

June 6, 2026

Business·Economy·News

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Economy- Page 18

Uzbekistan Targets $4.5 Billion in Processed Food Exports and $4.2 Billion Metals Drive

Volkswagen Board Weighs 100,000 Layoffs in Germany’s Largest Industrial Contraction

US Gasoline Prices Snap 50-Day Slide as Iran Escalation Rattles Energy Markets

Best savings account checklist: 10 factors to evaluate in 2026

Bitcoin Breaks Below $60,000 for First Time Since 2024 as Trump Rally Fully Unwinds

OPEC+ Locks In Group-Wide Production Quotas Through December in First Full Ministerial Without UAE

OPEC+ Extends Overproduction Compensation Deadline to December 2026 as Hormuz War Upends Market

OPEC+ Approves 188,000 Bpd Output Hike for July in Fourth Consecutive Increase Since Hormuz Crisis

Gold Down 18%, Palladium Loses Nearly a Third as Iran War Hits 100-Day Mark

SpaceX’s IPO Is Built on Tesla’s Retail Army — and the S&P 500 Won’t Save It If They Blink

AfD’s Kotre at SPIEF: Nord Stream Blockage Is Political, Not Technical

Senegal’s Faye Sacked His Mentor Sonko. Now They Govern as Rivals.

JPMorgan Goes Neutral on Turkey as Election Risk and Dollarization Fears Rattle Wall Street

World Bank Approves €191.5 Million Loan to Modernize Turkey’s Cities of Antalya and Konya

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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