Nigeria’s Unbudgeted Spending Reaches N8.83trn, Widening Fiscal Deficit by 2% of GDP as IMF Raises Alarm
Nigeria's fiscal position has deteriorated sharply, with unbudgeted expenditures reaching N8.83 trillion and pushing the country's fiscal deficit wider by…
South Korea’s Inflation Hits 2.5-Year High, Pressuring the Central Bank on Interest Rates
South Korea's consumer price inflation accelerated to its highest level in two and a half years, reigniting debate about the…
Trump’s 100% Tariff Threat on Europe Puts Global Economy and Digital Trade at a Breaking Point
The United States and the European Union are edging closer to a significant trade confrontation, one that carries real consequences…
Wall Street’s AI Trading Arms Race Is Creating a New Kind of Market Risk
From hedge funds to wealth managers, Wall Street has embraced AI-driven trading systems in pursuit of a competitive edge –…
Bending Spoons Prices Above Range, Raises $1.68 Billion, and Arrives on Nasdaq as Europe’s AI Acquirer
Bending Spoons, the Milan-based technology company that has built a portfolio of more than 50 acquired digital businesses including Vimeo,…
Nike Beats Estimates, but the Beat Comes With an Asterisk the Size of a $986 Million Refund
Nike reported fiscal fourth-quarter earnings of 72 cents per diluted share, a figure that included a 52-cent one-time benefit tied…
Warsh Brings His Anti-Guidance Doctrine to Sintra and Finds Four Central Bankers in Agreement
Federal Reserve Chairman Kevin Warsh made his first international appearance as Fed chair on July 1 at the European Central…
Trump’s Crypto Empire Earns $1.4 Billion in Year One, Disclosure Shows
President Donald Trump reported more than $1.4 billion in cryptocurrency-related income in his annual financial disclosure for 2025 – the…
Tariff Refunds Under Fire and EU Tax Agenda: What June’s International Tax Shifts Mean for the Global Economy
June brought a concentrated wave of international tax developments that carry real consequences for global trade, corporate strategy, and the…
IMF Unlocks $242 Million for Honduras, Signaling Renewed Confidence in Central American Monetary Policy
The International Monetary Fund has completed its third and fourth reviews under Honduras's Extended Fund Facility and Extended Credit Facility…
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