UK Economy Faces Stagnation, Raising Alarm Bells for Policymakers
The UK economy stagnated in Q3 2024, with zero growth, high inflation, and reduced consumer spending. Policymakers face mounting pressure to implement measures addressing economic challenges and fostering long-term recovery.
Dec 24, 2024 9:02 AM EST
Donald Trump Jr. Joins Unusual Machines Advisory Board, Sparking Stock Surge
Donald Trump Jr. joins Unusual Machines' advisory board, boosting stock and advancing U.S. drone manufacturing to counter Chinese dominance.
Honda and Nissan Explore Historic Business Integration to Create Third-Largest Global Automaker
Honda and Nissan are considering a business integration that could create the third-largest global automaker, generating annual revenues of 30 trillion yen. Mitsubishi is also involved in the discussions, focusing on electrification and vehicle intelligence.
Putin Pledges Retaliation After Drone Attack Hits Russian City of Kazan
Russian President Vladimir Putin has vowed a strong response after a drone attack struck Kazan, a city deep within Russia, far from the Ukrainian border.
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Kremlin Denies Reports of Asma al-Assad Seeking Divorce and Return to London
The Kremlin denied reports that Asma al-Assad plans to divorce Bashar al-Assad and return to London, calling them baseless propaganda.
Dec 24, 2024 8:59 AM EST
IRS To Send Out Special 'Stimulus' Payments To 1 Million Taxpayers
Special payments — up to $1,400 per person — will be automatically deposited into taxpayers' bank accounts or mailed as paper checks, in the coming weeks.
Dec 23, 2024 7:29 AM EST
Trump Warns Europe: Buy More U.S. Oil and Gas or Face Tariffs
Trump warned the EU to buy more U.S. oil and gas to reduce trade deficits or face tariffs. The ultimatum raises trade tensions, impacting energy markets and transatlantic economic relations.
Dec 20, 2024 1:46 PM EST
The Fall Of Assad And The Disruption Of The Captagon Trade
The fall of Assad's regime disrupted Syria's $10 billion Captagon trade, exposing its deep involvement. The drug network's collapse impacts regional markets, but future trafficking risks and instability persist.
Dec 20, 2024 1:33 PM EST
Ajman, Ireland Discuss Boosting Economic Ties, Investment Opportunities
Attendees highlighted opportunities for collaboration in agriculture, real estate, construction, information technology, and the food and beverage industries. They also stressed the importance of sharing information and statistics to support development efforts.
Dec 20, 2024 7:42 AM EST
Government Shutdown Looms: Will You Still Get Your Social Security Benefits?
Here's what you need to know about whether recipients will continue to receive their much-needed checks during this uncertain time.
Dec 20, 2024 7:38 AM EST
The Ruble And The Rifle: Russia's Economy In The Aftermath Of The Ukraine War
After the Ukraine war, Russia's economy faced sanctions, inflation, and isolation. While pivoting to Asia and boosting military spending sustained resilience, poverty and stagnation deepened, leaving a militarized yet fragile state.
Dec 18, 2024 3:51 PM EST
UAE Deputy PM Launches Middle East's First Drone Delivery System At Dubai Silicon Oasis
Sheikh Hamdan placed the first order using the new drone delivery system during the launch, which was also attended by Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority and Chairman of Dubai Airports.
Dec 18, 2024 5:38 AM EST
Nigerian Senate Approves 400% Capital Hike For Insurance Companies
The bill also increases reinsurance for insurance companies from ₦10 billion to ₦35 billion and raises the minimum capital for non-life insurance from ₦3 billion to ₦15 billion.
Dec 18, 2024 5:36 AM EST
'Shut It Down' Trends On X As Congress Faces Backlash Over Shutdown Deal
Congress leaders announced a stopgap measure that will prevent a government shutdown, but some users on X are unhappy about it and would rather have a short-term shutdown than a "bloated" bill.
Dec 18, 2024 5:34 AM EST
Dubai Press Club Launches Economic Content Creators Program To Empower Digital Talent
This phase includes the Economic Content Creators Program, organized with the UAE Ministry of Economy, from Dec.16 to Jan. 8. The three-week program, led by experts and top financial media organizations, aims to train emerging media talent.
Dec 17, 2024 6:08 AM EST
Trump Claims He Won Young Voters 'By 34 Points' As Election Results Show He Actually Lost Youth Vote To Kamala
President-elect Donald Trump claimed Monday during a press conference that he won young voters by 34 points, despite election data telling a different story.
Dec 17, 2024 3:19 AM EST
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