Iran's delegation left talks with the US in Switzerland aimed at ending a regional war, citing Donald Trump's threats against the Islamic republic over its support for Hezbollah. Disagreements over key issues and the threat of renewed fighting in Lebanon overshadowed the negotiations.
Australia is experiencing a datacentre boom, with plans for a "hyperscale" facility in Sydney. While promising economic growth and productivity, concerns exist regarding power and water consumption, potential electricity price hikes, and job creation.
A tentative US-Iran deal aims to reopen the Strait of Hormuz, but global economic fallout persists. Energy markets anticipate supply recovery, yet recession looms for Gulf economies, while US inflation rises. Analysts warn of fragile peace and long-term economic impacts.
Il Codacons denuncia prezzi "pazzi" per l'estate 2026 in Italia: un appartamento a Firenze può costare fino a 297mila euro, una tenda in Salento 238mila. Anche i voli esotici superano i 20mila euro.
Economists warn Pauline Hanson's One Nation proposals on parental leave and childcare could damage productivity and worsen gender inequality. Suggestions include employers not paying women on maternity leave and shifting childcare funding directly to parents, potentially impacting women's financial independence and the economy.
The EU will demand that gas supplied by Turkey to its member states under new contracts is not of Russian origin, according to German Economy Minister Katherina Reiche. Turkey acknowledged the EU's goal of reducing Russian commodity reliance but noted that a complete replacement is not feasible immediately.
India's 2026 economic outlook hinges on monsoon performance, with El Niño posing a significant risk. The NSE report notes a younger, more diverse investor base expanding beyond traditional markets, yet trading activity remains concentrated among a few large investors.
New Federal Reserve Chair Kevin Warsh is reducing the central bank's transparency, cutting "forward guidance" on interest rates and shortening statements. Analysts warn this could increase market volatility and borrowing costs, while others see potential benefits in market self-reliance.
Iran's new leadership faces internal divisions over a potential nuclear deal with the US, balancing ideological stances with pragmatic economic needs. Supreme Leader Mojtaba Khamenei's intervention highlights the debate, while figures like Mohammad Bagher Ghalibaf push for negotiation and economic relief, potentially shifting focus towards China amidst US sanctions.
A Jefferies report indicates China's domestic economy struggles with weak consumer spending, property activity, and credit demand, despite robust export growth, particularly in semiconductors. Retail sales declined in May, and consumer confidence fell, signaling persistent challenges.
Displaced women in Gaza, including a chemistry graduate and a former workshop owner, are using their skills to produce essential goods like soap and children's clothing, preventing social collapse and becoming primary breadwinners amid war.
Bolivia's President Paz declared a state of emergency to quell protests disrupting essential supplies. The move grants broader powers to deploy armed forces and address ongoing blockades, which stem from subsidy cuts and broader economic discontent.
Ten years after the UK's Brexit vote, this report examines five key areas – Nissan Sunderland, the Thames flotilla, blue passports, care home workers, and the City of London – to assess the lasting impacts of leaving the EU on Britain's politics, economy, and international relations.
The Bank of Russia anticipates a GDP increase of 0.5% by the end of the first six months of 2026, according to Central Bank chief Elvira Nabiullina. The economy has already entered positive territory in April, with an estimated growth of 0.3% from January to April.
Elvira Nabiullina, head of the Bank of Russia, stated that the national economy faces no risks of overcooling. She cited increasing business and consumer activity in May and the absence of traditional cooldown markers like low inflation, rising unemployment, and falling real incomes.
Bank of Russia Governor Elvira Nabiullina stated that key rate decisions must be forward-looking due to lags in monetary policy's impact on the economy and prices. She noted declining price growth but acknowledged risks of future inflation acceleration, emphasizing the need for pauses to assess information and policy effects.
The first Bridge Awards ceremony in Moscow honored outstanding foreigners for their contributions to Russia's economy and culture. Winners included a Japanese dancer, an American UFC fighter, and a US journalist, with Steven Seagal presenting an award and commenting on US values.
Vietnamese trawlers are reportedly entering Malaysian waters at night to fish illegally, raising concerns about Malaysia's ability to govern its seas and threatening its blue economy initiatives. Local fishermen and the Malaysian Maritime Enforcement Agency highlight the issue, which impacts marine resources and local communities.
A new study using Bank of England data indicates Brexit has cost the UK economy 6% in lost growth over a decade. The impact stems from post-referendum uncertainty and rising trade barriers with the EU.
Le Premier ministre cubain, Manuel Marrero Cruz, a présenté jeudi 18 juin un programme de 176 réformes économiques visant à introduire des éléments de l'économie de marché, face à une profonde crise. Ces mesures, les plus profondes depuis 1959, touchent l'entreprise privée, l'investissement étranger, les impôts et le marché des changes, dans un contexte de pression américaine accrue.
Cuba has introduced 176 free-market reforms to combat a severe economic crisis, exacerbated by a US oil blockade. The measures, endorsed by the communist party, aim to reduce the state's economic role and attract investment across various sectors.
EU leaders met for a two-day summit focusing on Ukraine support, the EU's next long-term budget, and global economic challenges. Ukrainian President Zelenskyy urged fast-track EU membership. Bulgaria threatened to veto sanctions on Russia over Lukoil. Leaders expressed skepticism about immediate peace talks with Russia.
South Korea's annual minimum wage debate is a ritual, but the economy has changed. Labor seeks a 16.3% hike, while employers want industry-specific rates due to vast differences in value-added per worker. This fuels inequality and job losses.
Donald Trump claimed "OIL IS FLOWING," "STOCK MARKETS ARE ROARING," and "PRICES ARE DROPPING" on Truth Social. While the Dow Jones hit a record high, other indices slipped. Petrol prices are down from May highs but still above pre-war levels. Job growth is not at record levels, and layoffs are increasing.
