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China's Gold Rush Leaves Local Communities Behind
China's central bank continues gold purchases for strategic diversification, but local communities in gold-rich Zhaoyuan face economic hardship due to state...
Economy
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Welcome to the Economy section, your source for the latest developments in global markets, financial trends, and economic policies. Here you'll find insights on inflation, employment, trade, and investment opportunities to help you stay informed and make smarter financial decisions.
Global Inflation Outlook: Central Banks Navigate Rate Cuts in 2025
Global inflation moderates in 2025 as central banks implement cautious rate cuts. The Fed, ECB and BoE adopt different approaches based on regional...
Gartner Forecasts IT Spending to Hit $6 Trillion in 2026
Gartner forecasts global IT spending will reach $6.08 trillion in 2026, growing 9.8% driven by AI infrastructure and device investments, with data center...
Italian Ski Pass Prices Soar, Threatening Winter Sports Access
Italian ski pass prices have surged up to 40% since 2021, threatening to make winter sports exclusive to the wealthy. Daily passes now cost €86 in...
Global Debt Restructuring Talks for Low-Income Nations Intensify
Global debt restructuring talks for low-income nations intensify in 2025, focusing on multilateral approaches through the G20 Common Framework. New social...
ECB Advances Digital Euro Project to Next Phase
ECB advances digital euro to next phase with potential 2029 issuance. Project aims to complement cash, preserve privacy and monetary sovereignty....