Japan’s government has activated its largest-ever strategic oil reserve deployment, with Prime Minister Sanae Takaichi announcing that approximately 80 million barrels will be released to …
Business
In an unexpected twist in the ongoing standoff over Iran’s Strait of Hormuz closure, Treasury Secretary Scott Bessent revealed Thursday that the US may soon …
Finance
Economics
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The UK economy is feeling the ripple effects of international conflict as mortgage rates climb to their highest levels in over a year. Despite a five-day pause in threatened airstrikes …
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The first month of the year saw a cooling of Canadian manufacturing activity, with sales falling 3% to $68.7 billion. This decline ended a period of steady growth and was …
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The UK economy failed to expand in January, according to the latest figures from the ONS, which showed 0% GDP growth. The result was significantly worse than the 0.2% growth …
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The government’s February inflation report highlights a pre-existing upward trend in essential costs, with consumer prices rising 0.3% in a single month. This data, which puts annual inflation at 2.4%, …
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The Office for Budget Responsibility (OBR) has adjusted its UK inflation forecast, suggesting the rate could hit 3% by the end of the year. This adjustment is a direct response …
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The Trades Union Congress (TUC) has warned that British workers are facing a “Donald Trump-made cost of living crisis” as the US offensive against Iran continues to destabilize global markets. …
Markets
British Prime Minister Keir Starmer convened an emergency Cobra meeting Monday with top cabinet ministers and Bank of England Governor Andrew Bailey as the economic …