IMF warns France on fiscal risks as deficit lingers
The International Monetary Fund warned on Thursday that France faces growing public finance risks as efforts to tighten the budget continue to lag while debt levels remain elevated. Following its…
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Category: Business
Polymarket, Kalshi win big as Thomas Massie loses in Kentucky
Polymarket and Kalshi, two of the biggest players in the prediction market, were some of the biggest winners overnight as Thomas Massie lost his election primary. Thomas Massie loses in…
UK inflation slows to 2.8% despite Iran war energy shock
British consumer price inflation slowed to 2.8% in April from 3.3% in March, according to official data released on Wednesday. The reading came in lower than economists’ expectations. Analysts polled…
UK house prices remain unchanged amid slowing market
British house prices were flat in the 12 months to March after recording a 1.7% increase in the year to February, according to data released by the Office for National…
WFH, EV push: how India is responding to PM Modi’s fuel-saving call amid Iran war
Following Prime Minister Narendra Modi’s call for Indians to conserve fuel and save foreign exchange as the country grapples with the fallout of the Iran war, state-run institutions, public sector…
IMF raises UK growth forecast but warns of political uncertainty
The International Monetary Fund (IMF) raised its growth forecast for the UK economy on Monday but warned that growing domestic uncertainty and political instability could weigh on spending and investment.…
Trump to swear in Kevin Warsh as Fed chair on Friday
President Donald Trump is set to swear in Kevin Warsh as the next chair of the Federal Reserve during a White House ceremony on Friday, marking the beginning of a…
The ‘Thucydides Trap’: why a 2,500-year-old war loomed over the Trump-Xi summit
In 2015, Chinese President Xi Jinping used the term “Thucydides Trap” in Seattle before an audience that included former Secretary of State Henry Kissinger. “There is no such thing as…
Kevin Warsh’s Fed plans face debt market pressure
Incoming Federal Reserve Chair Kevin Warsh could face significant challenges in reducing the US central bank’s role in financial markets as rising federal debt and weakening demand advantages for US…