Economy- Page 28

Canadian Prime Minister Mark Carney at a public event, who visited Saudi Arabia in July 2026 for the first Canadian PM trip to the kingdom in 26 years

Canada Signs Mining and AI Pacts in Saudi Arabia, Carney’s First PM Visit in 26 Years

Canadian PM Mark Carney signed mining, energy and AI pacts with Saudi Arabia in Jeddah on Thursday, the first Canadian PM visit in 26 years. The two nations also established a Saudi-Canadian

July 10, 2026

by Economy Desk

Satellite image of the Strait of Hormuz showing the narrow passage between Iran and Oman during the US-Iran conflict

Only 5 Ships Crossed the Strait of Hormuz in 24 Hours as US-Iran Fighting Resumes

Only five vessels crossed the Strait of Hormuz on Thursday as US and Iranian forces resumed strikes, against a prewar baseline of 130 daily crossings. Zero large tankers have used the US-coordinated southern route since July 7, pushing Brent crude

July 10, 2026

by Economy Desk

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

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

Americans struggle with inflation and rising gas prices as consumer confidence crashes in 2026

Americans Lose Faith in Trump Economy, Consumer Sentiment Crashes to Historic Lows

Consumer confidence in the US has plunged to its weakest level on record, exposing mounting public frustration over inflation, soaring fuel costs, and growing fears of economic instability under President Donald Trump’s

May 23, 2026

Business·Economy·News

Donald Trump displayed on Wall Street trading screens amid stock trade controversy

Growing criticism from ethics experts and Wall Street insiders questioning whether a sitting US president should be actively trading firms affected by government policy

Donald Trump’s sprawling financial empire is facing a fresh wave of scrutiny after revelations that accounts linked to the US president executed 3,711 stock trades in a single year, triggering accusations of

May 23, 2026

Business·Economy·Government and Politics·News

US Secretary of State Marco Rubio discusses Cuba humanitarian aid offer amid rising tensions with Havana

Rubio Says Cuba Accepted $100 Million US Aid Offer, Rising Tensions With Havana

US Secretary of State Marco Rubio said Cuba has accepted a $100 million humanitarian assistance proposal from Washington, signaling a potentially significant development in the increasingly tense relationship between the Trump administration

May 22, 2026

Business·Economy·News

Drivers queue at a French gas station as fuel prices surge during the Iran-linked energy crisis in Europe

France Rejects Fuel Tax Cuts, Announces Massive Aid, Middle East Energy Crisis

France has unveiled a sweeping new €710 million ($824 million) emergency fuel relief package as the economic shock from the Iran crisis deepens across Europe, pushing gasoline and diesel prices to their

May 22, 2026

Economy·News

US mortgage rates surge above 6.5 percent as Treasury yields rise amid Iran war fears

Iran War Shock Sends US Mortgage Rates Soaring, Treasury Market Panic Hits American Families

The US housing market is facing renewed pressure after mortgage rates surged sharply above 6.5%, as escalating geopolitical tensions linked to the Iran war triggered a violent selloff in Treasury markets and

May 22, 2026

Business·Conflicts, Military and War·Economy·News

Elon Musk during SpaceX IPO push as Starlink satellites and AI infrastructure drive $2 trillion valuation speculation

Elon Musk’s SpaceX IPO Ignites Wall Street in Historic $2 Trillion AI Gamble

Elon Musk’s SpaceX is preparing for what could become the largest initial public offering in financial history, a blockbuster debut that is already reshaping global conversations around artificial intelligence, satellite infrastructure, and

May 22, 2026

Business·Economy·News

Nvidia CEO Jensen Huang speaks during an AI infrastructure presentation after Nvidia reported record 2026 earnings

Nvidia Smashes Expectations With $81.6 Billion Revenue, Global AI Arms Race Accelerates

Nvidia has once again shaken Wall Street and Silicon Valley after reporting explosive quarterly earnings that confirmed the global artificial intelligence spending frenzy is accelerating at a pace few companies in modern

May 22, 2026

Business·Economy·News

Donald Trump and Strait of Hormuz oil tanker as Brent crude prices remain above $100 during Iran tensions

Oil Markets Panic, Trump Pushes Iran Deal, Hormuz Crisis Threatens Global Supply

Crude oil markets swung violently on Thursday after US President Donald Trump claimed negotiations with Iran were entering their “final stages,” triggering a sharp selloff before traders rapidly reversed course amid mounting

May 22, 2026

Business·Economy·News

Samsung Electronics workers suspend massive AI chip strike after wage agreement in South Korea

Samsung Avoids Global AI Chip Crisis After Last-Minute Union Deal Halts Massive Strike

Samsung Electronics narrowly avoided a massive labor confrontation this week after its largest union suspended a planned strike involving nearly 48,000 workers, a move that could have shaken the global AI semiconductor

May 21, 2026

Business·Economy·News

Nvidia CEO Jensen Huang during AI earnings announcement as global AI infrastructure demand surges

Nvidia Dominates Global AI Race With Explosive Earnings and $80 Billion Buyback

The global artificial intelligence race entered a new phase on Wednesday after Nvidia delivered another historic earnings report that shattered Wall Street expectations and reinforced the company’s dominance over the rapidly expanding

May 21, 2026

Business·Economy·News

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Economy- Page 28

Canada Signs Mining and AI Pacts in Saudi Arabia, Carney’s First PM Visit in 26 Years

Only 5 Ships Crossed the Strait of Hormuz in 24 Hours as US-Iran Fighting Resumes

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

Americans Lose Faith in Trump Economy, Consumer Sentiment Crashes to Historic Lows

Growing criticism from ethics experts and Wall Street insiders questioning whether a sitting US president should be actively trading firms affected by government policy

Rubio Says Cuba Accepted $100 Million US Aid Offer, Rising Tensions With Havana

France Rejects Fuel Tax Cuts, Announces Massive Aid, Middle East Energy Crisis

Iran War Shock Sends US Mortgage Rates Soaring, Treasury Market Panic Hits American Families

Nvidia Smashes Expectations With $81.6 Billion Revenue, Global AI Arms Race Accelerates

Oil Markets Panic, Trump Pushes Iran Deal, Hormuz Crisis Threatens Global Supply

Nvidia Dominates Global AI Race With Explosive Earnings and $80 Billion Buyback

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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Canada Signs Mining and AI Pacts in Saudi Arabia, Carney’s First PM Visit in 26 Years

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Only 5 Ships Crossed the Strait of Hormuz in 24 Hours as US-Iran Fighting Resumes

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Economy- Page 28

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