Geopolitical blues: Selling Dubai to the people who already live there
The UAE insists its tourism economy is on the mend amid the Iran war, but its incentive schemes, and its central bank tell a more complicated story...
Category : Economy
US debt tops USD 40 trillion, Trump again calls for lower interest rates
In a headache for the White House, the debt, that was below USD 20 trillion in 2016, has more than doubled in roughly a decade...
Weak consumer demand, slumping investment drag on China’s economic growth
Retail sales rose just 0.6% year on year in July, slowing from 1% in June and missing the 1.5% increase that economists had expected...
Singapore doubles down on AI boom, raises forecast after Q2 GDP growth
In its second GDP upgrade of the year, Singapore's Ministry of Trade and Industry lifted its forecast to 4.5%-5.5%, from the previous range of 2%-4%...
AI offers lifeline to developing economies against weak growth, says World Bank
World Bank has urged countries to invest in power, connectivity and digital skills, warning the cost of delaying AI adoption could outweigh the risks...
Gibraltar-Spain: The last wall in continental Europe falls
The EU’s new biometric Entry-Exit System, which has been generating long queues at airports across the bloc since it went live, will not apply at the land border itself...
Amid USMCA uncertainties, Trump imposes fresh tariffs on 60 economies
While the new tariffs cover 99.4% of US imports, products like oil and gas, fertilizer, and certain food items have been excluded from the updated regime...
The AI layoff boomerang: Is an entry-level talent crisis next?
An entire generation of graduates is discovering that the jobs they were trained for were never advertised in the first place...
UK positioning itself as global market for high-integrity nature credits: Dr Rich Stockdale
A thriving and increasingly sophisticated Voluntary Carbon Market is emerging as a crucial weapon to help UK meet its climate goals...
Germany unveils record 2027 budget with defence, infrastructure push
The approved plans for total spending of 555.4 billion euro will be financed partly through new borrowing worth 203.6 billion euro...