Economy

PwC Details Five Pillars for GCC's 2026 Economy
Economy PwC Details Five Pillars for GCC's 2026 Economy

As global economic pressures mount and traditional revenue models face unprecedented challenges, the Gulf Cooperation Council (GCC) is undertaking a decisive and strategic transformation of its economic landscape. The year 2026 marks a pivotal moment where long-term visions are crystallizing into

Broad Rally Lifts European Stocks to Record Highs
Economy Broad Rally Lifts European Stocks to Record Highs

European markets demonstrated remarkable resilience and investor confidence on Tuesday, shrugging off geopolitical undercurrents to propel major indices into uncharted territory amid a broad-based surge. The pan-European Stoxx 600 and Spain's IBEX 35 both reached all-time highs, propelled by a

Why Did Markets Rally After Maduro's Overthrow?
Economy Why Did Markets Rally After Maduro's Overthrow?

A Geopolitical Shockwave Sends Markets Soaring The sudden overthrow and capture of Venezuelan President Nicolas Maduro by U.S. forces sent a powerful and immediate signal across global financial markets. Following a weekend operation that saw Maduro and his wife, Cilia Flores, transported to New

What Is the Fed's Next Move: Jobs or Inflation?
Economy What Is the Fed's Next Move: Jobs or Inflation?

The Federal Reserve is currently navigating a treacherous economic landscape, caught in a delicate balancing act between its dual mandates of fostering maximum employment and maintaining price stability. With the unemployment rate recently climbing to 4.6% while core inflation remains stubbornly

Is Venezuelan Oil Michael Burry's Next Big Short?
Economy Is Venezuelan Oil Michael Burry's Next Big Short?

The Contrarian Bet: Why Burry is Going Long on a Broken Oil State Michael Burry, the investor immortalized for his prescient bet against the U.S. housing market in "The Big Short," is known for seeing value where others see ruin. While his fame was built on forecasting collapse, his latest

How Did Maduro's Capture Reshape Global Markets?
Economy How Did Maduro's Capture Reshape Global Markets?

The sudden apprehension of Venezuelan President Nicolas Maduro by U.S. military forces in early January sent a jolt through the international community, but the reaction across global financial markets was far from uniform, painting a complex picture of investor sentiment. As Maduro and his wife

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