Category : Economy GDP


Davos 2025: Economic Warfare Named Top Global Risk

Ahead of the Davos summit, a WEF survey of 1,300 experts identifies economic clashes as the biggest short-term threat, with climate risks looming large over the next decade. Read the full analysis.

US inflation holds firm at 2.7% in December

US inflation remained steady at 2.7% in December, above the Fed's target. The data fuels political pressure on President Trump over the cost of living. Read the full analysis.

Trump's 10% Credit Card Rate Cap Sparks Debate

President Trump announces a one-year cap on credit card interest rates at 10%, effective 20 January. Critics question its legality without Congressional approval, while banking groups warn of reduced credit access.

UK Inflation Dips: Energy & Rent Drive 20% of Rise

UK inflation sees an unexpected dip, but soaring electricity prices and rents remain key drivers, accounting for 20% of the annual rise. The Bank of England is unlikely to cut interest rates soon. Read the full analysis.

US exempt from OECD global minimum tax deal

The OECD finalises a watered-down global tax agreement, exempting US multinationals from the 15% minimum rate. Tax transparency groups condemn the move as a major setback.

Fed Minutes Show Deep Divide on Interest Rate Cuts

Minutes from the Federal Reserve's December meeting reveal a rare debate over interest rates, with officials deeply divided. Only one further cut is now expected next year. Read the full analysis.

Why Trump's tariffs haven't crashed US economy

US supermarket prices continue to rise, contradicting Trump's claims. Economists explain why the feared economic damage hasn't materialised yet, but warn of delayed impacts in 2026. Read the full analysis.

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