Economy- Page 23

PepsiCo Beats Revenue but Warns of Inflationary Pressures Squeezing US Consumers

PepsiCo posted $24.18 billion in second-quarter revenue, beating Wall Street estimates, but core EPS of $2.20 missed by a penny as CEO Ramon Laguarta warned that the U.S. consumer is deteriorating faster

July 10, 2026

by Economy Desk

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 and steel base.

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

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

Arctic LNG 2 LNG facility on the Gydan Peninsula operated by Novatek, Russia

Putin Authorizes NordLine to Buy TotalEnergies’ 10% Stake in Arctic LNG 2

Russian President Vladimir Putin signed a decree allowing NordLine LLC to acquire the 10% stake in Arctic LNG 2 held by France's TotalEnergies, a project paralyzed by Western sanctions since 2023.

June 3, 2026

Business·Economy·News

Traders work on the floor of the New York Stock Exchange as S&P 500 closes above 7,600 for the first time

S&P 500 Crosses 7,600 for First Time as AI Infrastructure Stocks Shoulder the Bull Market

The S&P 500 ended June 2 at 7,609.78, its first-ever close above 7,600, as earnings explosions at Hewlett Packard Enterprise and Marvell Technology offset a bruising selloff in Alphabet shares following the

June 3, 2026

Business·Economy·Markets·News

Large flags of Moldova and the European Union on government buildings in Chisinau, September 2025

Moldova’s Exports Fell 2.5 Times After Joining Sanctions Against Russia, Ex-President Says at SPIEF

Former Moldovan President Igor Dodon told SPIEF 2026 that Moldova's exports collapsed 2.5 times and imports fell fivefold after Chisinau joined Western sanctions against Russia — figures that independent data largely corroborates,

June 3, 2026

Business·Economy·Government and Politics·News

Delegates at an international economic forum as the OECD releases its June 2026 Economic Outlook on eurozone growth

OECD Holds Eurozone Growth at 0.8% as Germany and France Face Third Straight Downgrade

The OECD's June 2026 Economic Outlook holds the eurozone forecast at 0.8% for the year, but the flat headline conceals another round of cuts to Germany and France — a third successive

June 3, 2026

Business·Economy·News

Vladimir Putin delivers keynote address at SPIEF 2026 St. Petersburg International Economic Forum

Peskov Admits Politics Cannot Be ‘Purified’ From Putin’s SPIEF Speech as Forum Opens in St. Petersburg

Kremlin spokesman Dmitry Peskov previewed Putin's June 5 address at SPIEF 2026 as primarily economic but acknowledged that political questions — war, sanctions, and geopolitical rupture — will inevitably surface.

June 3, 2026

Business·Economy·Government and Politics·News

St. Petersburg International Economic Forum SPIEF 2026 venue Expoforum

Igor Dodon Warns of Economic Collapse in Moldova, Says Snap Elections Cannot Be Ruled Out

Former Moldovan President Igor Dodon warned at SPIEF 2026 of an imminent economic collapse in Moldova and said early elections remain possible, questioning whether European governments can indefinitely sustain Maia Sandu's administration.

June 3, 2026

Economy·Government and Politics·News

USTR announces Section 301 forced labor tariff findings against 60 economies including Turkey and the EU

Trump’s Tariff Workaround: USTR Targets 60 Nations Including Turkey and EU Over Forced Labor

The Office of the US Trade Representative has formally found all 60 investigated economies guilty of failing to ban forced-labor goods, proposing tariffs of 10% to 12.5% in a move legal analysts

June 3, 2026

Business·Economy·Government and Politics·News

Vladimir Putin speaks at the St. Petersburg International Economic Forum SPIEF plenary session

EU Countries Lost $3.5 Trillion After Cutting Russian Energy, Says Russia’s RDIF Chief at SPIEF 2026

Kirill Dmitriev, head of the RDIF and Russia's special presidential envoy, told SPIEF 2026 on Wednesday that European nations have already absorbed roughly 3 trillion euros in economic losses from severing Russian

June 3, 2026

Business·Conflicts, Military and War·Economy·News

Canadian and German flags at a press conference marking the Ksi Lisims LNG deal with SEFE in 2026

Canada Seals First-Ever LNG Export Deal With Germany, Tying Ksi Lisims to Europe’s Energy Future

Canada and Germany seal a historic LNG agreement. SEFE, Berlin's state energy firm, will buy 1 million tonnes per year from B.C.'s Ksi Lisims project starting in the early 2030s.

June 2, 2026

Business·Economy·News

Treasurer Jim Chalmers introduces Labor tax reform bill on capital gains and negative gearing to parliament

Chalmers Defends Labor Tax Reform Bill as Business Backlash Builds Over Capital Gains Change

Treasurer Jim Chalmers introduced Labor's tax reform bill to parliament as Treasury defended changes to negative gearing and capital gains, and business groups pushed for a carve-out.

June 2, 2026

Business·Economy·Government and Politics·News

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Economy- Page 23

PepsiCo Beats Revenue but Warns of Inflationary Pressures Squeezing US Consumers

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

Putin Authorizes NordLine to Buy TotalEnergies’ 10% Stake in Arctic LNG 2

S&P 500 Crosses 7,600 for First Time as AI Infrastructure Stocks Shoulder the Bull Market

Moldova’s Exports Fell 2.5 Times After Joining Sanctions Against Russia, Ex-President Says at SPIEF

OECD Holds Eurozone Growth at 0.8% as Germany and France Face Third Straight Downgrade

Peskov Admits Politics Cannot Be ‘Purified’ From Putin’s SPIEF Speech as Forum Opens in St. Petersburg

Igor Dodon Warns of Economic Collapse in Moldova, Says Snap Elections Cannot Be Ruled Out

Trump’s Tariff Workaround: USTR Targets 60 Nations Including Turkey and EU Over Forced Labor

EU Countries Lost $3.5 Trillion After Cutting Russian Energy, Says Russia’s RDIF Chief at SPIEF 2026

Canada Seals First-Ever LNG Export Deal With Germany, Tying Ksi Lisims to Europe’s Energy Future

Chalmers Defends Labor Tax Reform Bill as Business Backlash Builds Over Capital Gains Change

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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