Economy- Page 29

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

President Donald Trump announces AI cybersecurity executive order amid growing fears over cyber warfare and China competition

White House Retreats on AI Order, Debate Intensifies Over Government Oversight

The White House is preparing one of the most consequential artificial intelligence directives in modern US history, signaling a dramatic escalation in Washington’s campaign to control frontier AI systems amid mounting fears

May 21, 2026

Business·Economy·Government and Politics·News

US Air Force F-15E fighter jet involved in Operation Epic Fury during the Iran conflict in 2026

US Air Force Lost 42 Aircraft in Iran War, Pentagon Faces Explosive Questions Over $85 Billion Conflict

The scale of US military losses during the war against Iran is coming into sharper focus after a Congressional Research Service report revealed that the United States lost or suffered major damage

May 20, 2026

Conflicts, Military and War·Economy·News

Keir Starmer and Rachel Reeves during Britain debt crisis after IMF warning on UK borrowing

IMF Warns UK Against Debt Spiral, Starmer Government Faces Market Revolt and Labour Civil War

Britain’s fragile economic recovery is facing renewed turbulence after the IMF warned the UK government against abandoning deficit reduction plans amid mounting political instability surrounding Prime Minister Keir Starmer and Chancellor Rachel

May 19, 2026

Business·Economy·News

Americans facing economic anxiety amid inflation, layoffs and rising living costs in 2026

Americans Sink Into Economic Despair, Inflation, Layoff Fears and Soaring Costs Crush Confidence

The mood across the United States is darkening as millions of Americans grow increasingly anxious about the economy, squeezed by rising living costs, fears of layoffs, slowing wage growth and growing doubts

May 19, 2026

Business·Economy·News

US Congress approves billions in Ukraine war funding under Operation Atlantic Resolve

US Congress Approves $195 Billion for Ukraine Since 2022, War Spending Faces Growing Scrutiny

The United States Congress has appropriated nearly $195 billion for Ukraine-related operations and assistance since the escalation of the Russia-Ukraine conflict in February 2022, according to a new oversight report that is

May 19, 2026

Conflicts, Military and War·Economy·News

Oil crisis and Middle East conflict threaten global jobs and labor income in 2026

Global Labor Income Faces $3 Trillion Collapse, Middle East Crisis Sends Shockwaves Through World Economy

The escalating crisis in the Middle East is rapidly transforming from a regional conflict into a full-scale global economic threat, with the United Nations warning that workers worldwide could lose as much

May 19, 2026

Business·Economy·News

IEA chief Fatih Birol warns global oil inventories are rapidly depleting during G7 meeting in Paris

IEA Warns World Is Burning Through Oil Supplies, Iran War Pushes Energy Markets Toward Crisis

The International Energy Agency has issued a stark warning that the world is rapidly burning through commercial oil inventories as the Iran war continues to destabilize global oil markets and threaten one

May 19, 2026

Business·Conflicts, Military and War·Economy·News

Elon Musk loses OpenAI lawsuit against Sam Altman and Microsoft in major AI trial verdict

Musk’s $150 Billion OpenAI Lawsuit Collapses in Stunning Jury Verdict Against Elon Musk

Elon Musk’s courtroom showdown with Sam Altman and OpenAI has ended in a devastating legal defeat for the world’s richest billionaire, after a federal jury rejected his explosive claims that OpenAI abandoned

May 19, 2026

Economy·Government and Politics·News

Russian and Chinese officials at the Russia-China Expo in Harbin discussing Yakutia trade cooperation

China Tightens Economic Grip on Russia’s Yakutia as Trade Share Nears 50%

China now accounts for nearly half of all foreign trade conducted by Russia’s Sakha Republic, commonly known as Yakutia, according to regional head Aysen Nikolayev, highlighting the deepening economic transformation underway across

May 18, 2026

Economy·News

Dow futures fall as oil prices surge and Nvidia fears shake Wall Street in 2026

Dow Futures Sink, Iran Tensions, Oil Shock and Nvidia Anxiety Shake Wall Street

Wall Street opened the week under renewed pressure as escalating tensions surrounding Iran, soaring oil prices and rising Treasury yields triggered another wave of anxiety across global financial markets. Dow Jones futures

May 18, 2026

Business·Economy·News

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Economy- Page 29

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

White House Retreats on AI Order, Debate Intensifies Over Government Oversight

US Air Force Lost 42 Aircraft in Iran War, Pentagon Faces Explosive Questions Over $85 Billion Conflict

IMF Warns UK Against Debt Spiral, Starmer Government Faces Market Revolt and Labour Civil War

Americans Sink Into Economic Despair, Inflation, Layoff Fears and Soaring Costs Crush Confidence

US Congress Approves $195 Billion for Ukraine Since 2022, War Spending Faces Growing Scrutiny

Global Labor Income Faces $3 Trillion Collapse, Middle East Crisis Sends Shockwaves Through World Economy

IEA Warns World Is Burning Through Oil Supplies, Iran War Pushes Energy Markets Toward Crisis

Musk’s $150 Billion OpenAI Lawsuit Collapses in Stunning Jury Verdict Against Elon Musk

China Tightens Economic Grip on Russia’s Yakutia as Trade Share Nears 50%

Dow Futures Sink, Iran Tensions, Oil Shock and Nvidia Anxiety Shake Wall Street

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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