Economy

  • 31% of Russians report struggling to afford basic groceries this year

  • India green lights bumper $815M rare-earth package to jumpstart local production

  • US‑Taiwan trade deal to turn chip imports into domestic jobs and tech hubs

  • Japan central bank to raise interest rates as USD/JPY near ¥156

  • Japan seeks to lift economy with $113B stimulus without rocking bonds

  • Russia’s push for BRICS settlements hampered by partners sticking to US dollar

  • Kevin Hassett leads Fed chair race with Trump favoring his low-rate stance

  • Russian export volumes plunge yet again as oil loses momentum

  • Trump’s Scott Bessent says Fed has become “very complicated operation”

  • ECB chief urges Europe to speed up AI adoption

  • Fed’s Chris Waller calls for December cut but warns Powell must be flexible

  • AI spending goes macro as machine-learning capex becomes backbone of US economy

  • Digital ruble transfers to be free of charge, payments will carry fees

  • Germany’s economic outlook weakens despite spending push

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  • America’s debt skyrockets $6.5B a day since DOGE launch

  • Longer phone ownership hurts economic demand – Americans won’t trade in like they used to

  • Premier defends China’s decision to ‘cautiously manage’ rare earths flow

  • The UK has a plan to cut reliance on foreign rare earths

  • Canada PM Mark Carney says the world does not need America anymore, mocks Trump

  • S&P 500 yield falls to ~1.2%, weakest reading since early 2000s dot com bubble

  • UK to freeze rail fares in budget to ease cost-of-living pressures

  • Swiss regulator warns banks over lax mortgage rules