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Featured

Belgium Signs Contract for 20 Rheinmetall Skyranger Air Defence Systems

The German defence manufacturer Rheinmetall has signed a contract to supply 20 Skyranger 30 air defence systems to Belgium, with initial deliveries scheduled for late 2028. The agreement supports the Belgian Armed Forces' 'Blue Dome' initiative to protect critical national infrastructure from aerial threats.

RBI Data Reveals Divergence in Credit Card Spending and Debit Card Cash Withdrawals

The Reserve Bank of India’s latest data reveals a distinct divergence in payment behaviors: while credit card spending is increasingly shifting toward online channels, debit cards remain predominantly used for cash withdrawals. In September 2026, India held over 125 million credit cards and more than 1 billion debit cards, yet the utility of these instruments differed significantly across digital and physical transaction types.

Last news

War and inflation threaten world economy

The world economy's fragile recovery from the Covid-induced crisis is now threatened by Russia's war in Ukraine and soaring commodity prices.

Brazil February inflation rate hits seven-year high

Brazil's inflation rate hit a seven-year high for the month of February, the government said Friday, as hefty fuel-price hikes took effect that will only exacerbate surging prices, a sore spot for President Jair Bolsonaro.

European stocks surge on bargain hunting

European stock markets jumped Friday as investors fished for bargains after recent Ukraine-driven losses, with London buoyed also by news of an economic rebound for Britain.

European stocks climb on bargain hunting

European stock markets climbed Friday as investors fished for bargains after recent Ukraine-driven losses, with London buoyed also by news of an economic rebound for Britain.

South Sudan to face its worst hunger crisis yet: WFP

More than 70 percent of South Sudan's population will face extreme hunger this year as conflict and climate-related disasters deepen food scarcity, the UN's World Food Programme (WFP) warned Friday.

International 'uncertainty' will slow China's growth, premier warns

China will find it hard to maintain high growth in an increasingly uncertain world, Premier Li Keqiang warned Friday, after Beijing set its lowest GDP target in decades.

Russian forces shell another Ukraine city, Kyiv a 'fortress'

Russian shelling hit civilian targets in central Ukraine's Dnipro city on Friday, as Moscow's troops edged closer to Kyiv, where officials said the capital was being transformed into a "fortress".

China's ride-hailing giant Didi to halt Hong Kong listing: report

China's leading ride-hailing company Didi Global has put plans to list in Hong Kong on hold, a report said Friday, as it struggles to appease Beijing over its handling of user data.

Italy's Draghi walks sanctions tightrope over Russian energy

Even as Italy's Mario Draghi voices firm opposition to Russia's invasion of Ukraine, the country's dependence on Russian gas puts the prime minister in a tight spot.

In about-face, Guatemala president calls for strict abortion law to be shelved

Guatemala's President Alejandro Giammattei on Thursday called on Congress to shelve a new law ramping up prison sentences for women who choose to have an abortion, while banning both gay marriage and teaching on sexual diversity.

Let's talk about sex: Paralympian breaks taboo

Athletes at Beijing's Winter Paralympics are not just breaking down sports barriers on the slopes and ice -- Argentinian skier Enrique Plantey is pushing for a bedroom revolution.

Asian markets drop as inflation spike fans rate fears

Asian markets sank Friday as traders resumed their Ukraine-fuelled selling after the previous day's bounce, with data showing US inflation at a 40-year high adding pressure on the Federal Reserve to ramp up interest rates.

Facebook allows calls for violence against 'Russian invaders'

Facebook has temporarily eased its policy on violent speech after Moscow's invasion of Ukraine, allowing statements like "death to Russian invaders" but not credible threats against civilians, the tech giant said Thursday.

Russia ramps up ties with Sudan as Ukraine war rages

As much of the West seeks to isolate Russia after it invaded Ukraine, experts say Moscow is boosting relations with its longtime African ally Sudan, eyeing its gold wealth and strategic location.

Radioactive fuel, contaminated water: the Fukushima clean-up

Eleven years after a devastating tsunami hit Japan's northeast, thousands of workers at the Fukushima Daiichi nuclear plant are involved in the complex and decades-long process of decommissioning the site.

Four endangered American crocodiles are born in Peru

A Lima zoo announced Thursday the birth in captivity of four American crocodiles, an endangered species, after a successful artificial incubation.

Facebook eases rules to allow violent speech against 'Russian invaders'

Facebook said Thursday that due to the invasion of Ukraine it has temporarily eased its rules regarding violent speech to allow statements like "death to Russian invaders," but not credible threats against civilians.

IMF expects to cut global growth forecast due to Ukraine war

The IMF expects to cut its global growth estimate due to the economic damage caused by Russia's invasion of Ukraine, Managing Director Kristalina Georgieva said Thursday.

'Scourge to humanity': victims of opioid abuse address Sacklers

Survivors of opioid abuse and relatives of victims delivered emotional and stinging rebukes on Thursday to members of the Sackler family, owners of Purdue Pharma, accused of fueling the US addiction crisis.

Brazil's Petrobras hikes prices, ignoring Bolsonaro

Brazilian state-run oil company Petrobras announced hefty fuel price increases Thursday over the Ukraine crisis, setting up potential clashes with powerful truckers' groups and President Jair Bolsonaro, whose popularity has been hit by soaring inflation.

Elon Musk's partner Grimes reveals new baby daughter 'Y'

Billionaire entrepreneur Elon Musk and the musician Grimes have had a second child, a girl they named Exa Dark Sideræl Musk -- although the parents will mostly call her Y.

Stocks slip as Ukraine peace talks stall, economic outlook worsens

European and US stocks sank Thursday as key peace talks between Russia and Ukraine stalled, compounded by a rapidly worsening inflation and growth outlook.

Sealed with a kiss: Chile celebrates first same-sex weddings

Two same-sex couples became the first Thursday to legally tie the knot in Chile, which joined a handful of countries in majority Catholic Latin America to allow LGBTQ couples to marry.

Netflix pulls out big Hollywood guns for new production push

Netflix has enlisted an A-list roster of actors for a new slate of film and TV series this year, with several potential blockbusters on deck as the US giant battles to retain its lead in the fiercely competitive streaming market.

US consumer prices hit new 40-year high as Ukraine shock looms

US consumer prices hit a new 40-year high last month as the world's largest economy continued to be battered by a surge of inflation, which the fallout from Russia's invasion of Ukraine is expected to worsen.

War has destroyed $100 bn in Ukraine assets so far: official

The Russian invasion has so far destroyed about $100 billion in roads, bridges and businesses in Ukraine, dealing a huge hit to its economy, a Kyiv government official said Thursday.

ECB keeps 'all options open' as Ukraine war shakes eurozone

The European Central Bank on Thursday sped up its plans to wind down its bond-buying programme but gave itself time before raising interest rates, as the conflict in Ukraine clouded the outlook for the eurozone.

ECB buys itself time on rates as Ukraine war shakes eurozone

Parliament elects Hungary's first ever woman president

The Hungarian parliament Thursday elected Katalin Novak, a close ally of Prime Minister Viktor Orban, as the EU member's first ever woman president.

BMW overcomes chip crisis to post record result in 2021

German auto manufacturer BMW shook off the supply chain issues that plagued the industry in 2021 to post a record high net profit figure, the group said Thursday.

Credit Suisse reveals over $900 million exposure to Russia

Swiss banking giant Credit Suisse said Thursday that its exposure to Russia totalled over $900 million at the end of last year, with "minimal" links to individuals sanctioned over the Ukraine war.

From 'puppets' to players: Ukraine war reveals shift for US's Gulf allies

Russia's invasion of Ukraine has exposed a once unthinkable divergence between Washington and key Middle East allies Saudi Arabia and the UAE, the oil giants that are increasingly independent on the international stage.

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American Marconi Wireless News - Economy (English)