Economy- Page 3

UK inflation remains at 2.8 percent as fuel prices rise and Bank of England monitors economic impact in 2026

UK Inflation Holds at 2.8% Despite Rising Fuel Costs, Surprising Economists Ahead of Bank of England Decision

The United Kingdom’s inflation rate remained unchanged at 2.8% in May, delivering an unexpected boost to policymakers and households as economists had widely anticipated a fresh rise in price pressures. The latest

June 17, 2026

by Europe Desk

ConocoPhillips executives attend Syria gas fields development agreement in Damascus

US Oil Giant ConocoPhillips to Sign Contract With Syria to Develop Gas Fields – Reports

The US oil and gas giant ConocoPhillips is set to sign a contract with Syria aimed at expanding existing gas fields and exploring new reserves, according to a Financial Times reported, in what would mark one of the most significant

June 16, 2026

by Arab Desk

Container ships and stacked cargo containers at a port, illustrating India's record May merchandise exports

India Posts Record $45.2bn in May Exports, but the Import Bill Grows Faster

India's merchandise exports hit an all-time monthly high of $45.2 billion in May, an 18 percent

Nvidia Endeavor headquarters building in Santa Clara, California

Nvidia Borrows $25 Billion, Joining the Customers It Sells AI Chips To

Nvidia sold $25 billion of bonds, its first investment-grade offering in five years, and investors put

Shuttered Buffalo Bill's Resort and Primm Valley Casino along Interstate 15 in Primm, Nevada

Primm Casino Rescue: Terrible’s Steps In to Save Nevada’s Last Gateway Gambling Town

The Primm family has struck a last-minute deal with Nevada operator Terrible's to keep the Primm Valley Hotel-Casino open, pulling the desert border town back from a July 4 closure that would

June 14, 2026

Business·Economy·News

Micron Technology semiconductor memory chip devices DRAM HBM AI 2026

Micron’s Real Risk Isn’t the Stock Price. It’s the Number No One Is Watching.

Micron is posting the most profitable margins in its history, and its stock has roughly tripled in a year — but the number that actually decides whether the AI memory supercycle is

June 14, 2026

Business·Economy·News·Technology

Satispay fintech app Milan Italy funding round 2026

Satispay Raises €120 Million to Turn Italy’s Idle Billions Into an Investing Habit

Italian fintech unicorn Satispay is raising up to €120 million to move beyond payments into stocks, ETFs, and pension products for its 6.5 million users — a bet that a payments app

June 13, 2026

Business·Economy·News·Technology

Auto-rickshaw on a New Delhi street as India raises fuel prices amid Iran war energy crisis

India Prepares to Miss Its Fiscal Deficit Target for the First Time Since the Pandemic

India is prepared to let its fiscal deficit widen to 4.8 percent of GDP, half a percentage point above the target set in February, as the Iran war drives up energy costs.

June 13, 2026

Economy·Government and Politics·News

IMF headquarters building Washington DC Ukraine lending program

IMF Approves $690M for Ukraine Despite Missed Q1 Reform Benchmark

The IMF approved a $690 million tranche for Ukraine on Friday despite the country missing one structural benchmark and delaying two others from the first quarter of 2026, a disclosure that tests

June 13, 2026

Business·Economy·News

Delegates walk through the atrium at the IMF and World Bank Spring Meetings in Washington DC, April 14, 2026

IMF Cuts Ukraine GDP Forecast to 1–1.6% as Two Wars Erode What Recovery Was Left

The IMF has slashed its Ukraine growth forecast to 1.0–1.6%, a sharp reversal from its own April projection of 2%, as Russian attacks on energy infrastructure and spillovers from the war in

June 13, 2026

Business·Economy·News

Corpus Christi reservoir drought conditions amid Bitcoin mine water controversy 2026

Texas Bitcoin Mine Drained 11 Million Gallons as Corpus Christi Ran Dry. Now the City Is Hiding the Evidence.

CORPUS CHRISTI, Texas. The city’s wells are running dry. Its two main reservoirs sit at critically low levels. Residents have been living under outdoor watering bans since December 2024, forbidden from hosing

June 12, 2026

Business·Economy·Technology

SpaceX Goes Public at $1.77 Trillion, Catapulting Elon Musk Into History as the World’s First Trillionaire

NEW YORK – On a Friday morning in June, at the Nasdaq MarketSite in the heart of Times Square, Gwynne Shotwell rang the opening bell to a crowd of audible cheers. A

June 12, 2026

Artificial Intelligence·Business·Economy·Science·Technology

European Central Bank President Christine Lagarde at a press conference in Frankfurt

The ECB Raises Rates Into a Shrinking Economy, Because Washington’s War Sends Frankfurt the Bill

The European Central Bank raised rates for the first time in three years, lifting the deposit rate to 2.25 percent to fight inflation driven by the US-Iran war. It did so while

June 12, 2026

Business·Economy·News

Mi Clip digital wallet launched in Mexico by Clip, Ant International, Mastercard and TelevisaUnivision in June 2026

Mexico Bet Everything on Cash. Ant International, Mastercard and Clip Just Called Its Bluff.

Mexico's Clip has launched Mi Clip, a digital wallet backed by Ant International's Alipay infrastructure, Mastercard's payment rails, and TelevisaUnivision's media reach — a coalition targeting the 85% of small transactions still

June 11, 2026

Business·Economy·News·Technology

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Economy- Page 3

UK Inflation Holds at 2.8% Despite Rising Fuel Costs, Surprising Economists Ahead of Bank of England Decision

US Oil Giant ConocoPhillips to Sign Contract With Syria to Develop Gas Fields – Reports

India Posts Record $45.2bn in May Exports, but the Import Bill Grows Faster

Nvidia Borrows $25 Billion, Joining the Customers It Sells AI Chips To

Primm Casino Rescue: Terrible’s Steps In to Save Nevada’s Last Gateway Gambling Town

Micron’s Real Risk Isn’t the Stock Price. It’s the Number No One Is Watching.

Satispay Raises €120 Million to Turn Italy’s Idle Billions Into an Investing Habit

India Prepares to Miss Its Fiscal Deficit Target for the First Time Since the Pandemic

IMF Approves $690M for Ukraine Despite Missed Q1 Reform Benchmark

IMF Cuts Ukraine GDP Forecast to 1–1.6% as Two Wars Erode What Recovery Was Left

Texas Bitcoin Mine Drained 11 Million Gallons as Corpus Christi Ran Dry. Now the City Is Hiding the Evidence.

SpaceX Goes Public at $1.77 Trillion, Catapulting Elon Musk Into History as the World’s First Trillionaire

The ECB Raises Rates Into a Shrinking Economy, Because Washington’s War Sends Frankfurt the Bill

Mexico Bet Everything on Cash. Ant International, Mastercard and Clip Just Called Its Bluff.

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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