Economy
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G7 Orders 100 Million-Barrel Fuel Release as Diesel Prices Surge
The coordinated four-month release will front-load diesel supplies, but its impact will depend on refinery capacity, distribution and the duration…
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Recession Panic Is Rising, but the Global Baseline Still Shows Growth
Bond-market stress and war-driven inflation risks are real, but the latest IMF forecast does not make a 2026 global recession…
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New UPI Charges Explained: What Changes for Merchants From October 15—and What Stays Free
India’s new UPI MDR framework starts October 15, but it does not charge users for payments or person-to-person transfers. Here…
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Federal Reserve Raises Rates Again as Inflation and Energy Risks Persist
The Federal Reserve raised its benchmark rate for the first time since 2023 and signaled that another increase remains possible.
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Canada Turns Toward Europe as Carney Pushes a New Strategic Alliance
Mark Carney says Canada is deepening ties with Europe as tariffs and political pressure make reliance on a single market…
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EU and Spain Join Luzon Economic Corridor as Philippines Courts Supply-Chain Investment
The European Union and Spain joined the Luzon Economic Corridor partnership at its inaugural investment forum, expanding a Philippines-US-Japan effort…
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India–MERCOSUR Talks Begin, but No New Trade Agreement Has Been Signed
India and MERCOSUR have announced talks to expand their preferential trade arrangement. The move begins a negotiation process; it does…
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India’s August CPI and WPI Inflation: Why the Two Readings Differ
India’s August data showed retail inflation at 4.82% and wholesale inflation at 9.92%. Both figures matter, but they measure different…
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IMF Says Global Growth Has Held Near 3%, but Energy and Debt Risks Persist
The IMF says the 2026 global growth outlook has firmed around 3%, but warns that an unresolved energy shock, high…
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IEA Flags a Prolonged Oil Shock as Gulf Supply Disruption Persists
The IEA says the energy shock remains unresolved as Gulf output and shipping disruptions keep oil markets volatile, raising risks…
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