Washington: The International Monetary Fund (IMF) announced that global public debt is expected to surpass 100% of the world’s gross domestic product (GDP) by 2029, reaching its highest level since 1948. The IMF highlighted this projection in its Fisc…
Brussels: Industrial production decreased by 1.2% in the euro area month-on-month in August, Eurostat announced on Wednesday. The EU also posted a decline of 1% over the same period, the 27-member bloc’s statistical authority stated.
According to An…
Washington: US Treasury Secretary Scott Bessent emphasized on Wednesday that a declining stock market will not alter the US government’s approach to trade negotiations or deter it from taking assertive actions against China. Bessent made these remarks…