PERSPECTA

News from every angle

Results for "Economy"

200 stories found

Trump's Strait of Hormuz Claim Draws Iranian Rebuke
PoliticsbloombergNYTFox News+57cnbcruvder-spiegelle-figarolsm-lvSCMPFrance 24irozhlas+49 more10h ago60 sources

Trump's Strait of Hormuz Claim Draws Iranian Rebuke

Donald Trump's assertion that he would declare the Strait of Hormuz a US territory has been met with a defiant response from Iran, which stated the strait "was and will remain Iranian." This comes amidst rising tensions and reports of attacks on Emirati oil tankers in the region.

Trump Considers Declaring Strait of Hormuz US Territory
PoliticsBBCbloombergNYT+78wapoThe GuardianNPRAl JazeeraFox Newsyle-uutisetcbccnbc+70 more1d ago81 sources

Trump Considers Declaring Strait of Hormuz US Territory

President Trump has stated his intention to declare the Strait of Hormuz as US territory "pretty soon," a move that has drawn strong reactions from Iran. This declaration follows heightened tensions in the region and could significantly escalate the conflict.

Key Economic Takeaways from the Week
BusinessNPR1d ago

Key Economic Takeaways from the Week

This week's economic news highlighted important trends in inflation, credit card debt, and consumer spending, offering key insights into the current financial landscape.

Romanian Economy Stagnates in Q2 2026
Businessdigi241d ago

Romanian Economy Stagnates in Q2 2026

Romania's economy stagnated in the second quarter of 2026 compared to the first three months of the year, with GDP decreasing by 0.4% year-on-year on the raw series, according to data published by the National Institute of Statistics.

Extreme Heat Could Cost European Economy Billions
Worlddelfi-lt2d ago

Extreme Heat Could Cost European Economy Billions

This year's extreme heat could cost the European Union's economy approximately 180 billion euros, or about 1% of its GDP, according to Triodos Bank. This amount is nearly equivalent to the bloc's projected economic growth for 2026.

Former US Labor Secretary Warns of AI Dangers and Job Losses
Politicsdanas2d ago

Former US Labor Secretary Warns of AI Dangers and Job Losses

The former US Labor Secretary has spoken out about the dangers of artificial intelligence, questioning why the agenda of oligarchs is being accepted. This comes as the US economy reportedly lost 23,000 jobs in July, according to the latest data from the US Bureau of Labor Statistics.

Prospects of Long Iran War Rise Amid US-Iran Standoff
Politicsnaked-capitalism2d ago

Prospects of Long Iran War Rise Amid US-Iran Standoff

The prospects of a prolonged conflict in the Iran War are increasing as the US and Iran signal a staredown, with Iran's economy reportedly not collapsing. Meanwhile, Saudi-Ansar Allah attacks intensify, and the US Navy faces a crisis.

Economic Indicators Point Towards Emerging Stagflation Concerns
PoliticsYahoo2d ago

Economic Indicators Point Towards Emerging Stagflation Concerns

Economic analysts suggest that various indicators are aligning to form a picture of potential stagflation, which could have significant negative implications for the economy. This development is seen as particularly concerning for financial markets and figures like Fed Chair Kevin Warsh.

Motlanthe Addresses South Africa's Economic Disparities
Politicsmail-guardian3d ago

Motlanthe Addresses South Africa's Economic Disparities

Former South African president Kgalema Motlanthe addressed the Black Business Council annual summit, acknowledging that despite political transformation, the ownership and control of productive capital in the SA economy remain profoundly asymmetrical.

Donald Trump Seeks to Tighten Economic Pressure on Iran
Politicsiefimeridanewsbeast5h ago2 sources

Donald Trump Seeks to Tighten Economic Pressure on Iran

Donald Trump is reportedly planning five moves to tighten the economic noose around Iran, aiming to financially suffocate the country. Bloomberg explains how these actions could significantly impact the Iranian economy.

Mobarakeh Steel Adopts Circular Economy Practices
BusinessTehran Times10h ago

Mobarakeh Steel Adopts Circular Economy Practices

Mobarakeh Steel is transitioning from traditional waste management to material cycle management, aiming to return scrap to production, convert slag into infrastructure, and transform byproducts into opportunities.

Greek Economy Under Scrutiny by Rating Agencies from September
Businessnewsbeast18h ago

Greek Economy Under Scrutiny by Rating Agencies from September

The Greek economy will re-enter the radar of rating agencies starting in September, with DBRS, Moody's, and Scope opening the autumn cycle of evaluations. Market attention will focus on the economy's resilience amidst increased geopolitical uncertainty and energy pressures.

Trump Threatens to Declare Strait of Hormuz US Territory, Iran Responds
PoliticsBBCbloombergFT+28wapoThe GuardianAl JazeeraFox Newshelsingin-sanomatruvtagesschauaftonbladet+20 more20h ago31 sources

Trump Threatens to Declare Strait of Hormuz US Territory, Iran Responds

US President Trump threatened to declare the Strait of Hormuz American territory, prompting a strong rebuke from Iran, which asserted the strait's continued Iranian sovereignty. The White House later suggested Trump was joking, while the region faces an uncertain future regarding the Iran-USA agreement.

UAE Accuses Iran of Attacking Oil Tankers in Strait of Hormuz
WorldaftonbladetforbesThe Independent+11n1-serbiaYahoohindustan-timesindian-expressdanasjerusalem-postnaftemporikindtv+3 more1d ago14 sources

UAE Accuses Iran of Attacking Oil Tankers in Strait of Hormuz

The UAE reported that two of its oil tankers were attacked while transiting the Strait of Hormuz, with the UAE blaming Iran for the incident. This event has led to increased tensions and a slowdown in shipping traffic in the vital waterway.

Mahama Unveils Extensive Development Plans for Ghana's Economy and Education
Healthmyjoyonline1d ago

Mahama Unveils Extensive Development Plans for Ghana's Economy and Education

John Mahama has announced a series of ambitious plans for Ghana, including the rehabilitation of the Pwalugu tomato factory, a $5 billion boost for agriculture, and a five-year strategy to reduce reliance on imported medicines. He also pledged to expand STEM education and complete the stalled UTAS laboratory, alongside establishing a GH¢1 billion Bawku Revitalisation Fund.

AGI Calls for Concrete Action on Ghana's Proposed 24-Hour Economy
Politicsmyjoyonline1d ago

AGI Calls for Concrete Action on Ghana's Proposed 24-Hour Economy

The Association of Ghana Industries (AGI) has expressed that the proposed 24-Hour Economy could be transformative if fully implemented, but emphasizes the need for concrete actions beyond mere slogans. The AGI president cautioned against expecting immediate changes, highlighting the importance of sustained effort.

Iran War Risks Halting UK's Fastest-Growing Economy
Worldcnbc2d ago

Iran War Risks Halting UK's Fastest-Growing Economy

The UK economy is showing signs of a rebound, but its progress is complicated by the fallout from the Iran war and persistently high energy prices, which threaten to bring the G7's fastest-growing economy to a halt.

Russia's Economy Shows Resilience Despite Ukraine War and Sanctions
WorldAl Jazeeradelfi-lt3d ago2 sources

Russia's Economy Shows Resilience Despite Ukraine War and Sanctions

Russia's economy experienced a rebound in the second quarter, indicating resilience despite the ongoing conflict in Ukraine and international sanctions. Analysts are debating whether this growth is sustainable or if underlying cracks will eventually emerge.

California Senate Backs Stronger Pakistan-US Ties
WorldDawn3d ago

California Senate Backs Stronger Pakistan-US Ties

The California State Senate unanimously passed a resolution celebrating the enduring relationship between Pakistan and the United States and recognizing the significant contributions of Pakistani-Americans to the state's economy.

Putin Threatens Retaliation Over Western Seizure of Russian Assets
PoliticsbloombergwapoThe Guardian+58Al Jazeeraukrainska-pravdafazaftonbladetberlingskeder-spiegelDWle-figaro+50 more3d ago61 sources

Putin Threatens Retaliation Over Western Seizure of Russian Assets

Russian President Vladimir Putin has threatened to seize European ships globally if the EU confiscates Russian vessels, in retaliation for Western actions against Russian assets. This warning comes amidst ongoing tensions and concerns about the impact on international shipping.

Icelandic Economy Cools Rapidly Amid Rising Defaults
Businessmorgunbladid13h ago

Icelandic Economy Cools Rapidly Amid Rising Defaults

The Federation of Icelandic Industries (SI) believes the Monetary Policy Committee of the Central Bank of Iceland should keep policy rates unchanged when the next interest rate decision is announced on August 19, as the economy cools rapidly and defaults rise.

Kazakhstan's Economic Experiment and Future Preparedness
Technologyastana-times21h ago

Kazakhstan's Economic Experiment and Future Preparedness

The article discusses Kazakhstan's efforts to prepare its economy for future challenges, particularly in the context of emerging technologies like artificial intelligence. It highlights the country's unique approach and its potential as a model for other nations.

US Retail Sales See Biggest Drop in Over a Year During July
BusinessbloombergNYTFT+8wapocnbcmarketwatchYahoonaftemporikichannel-news-asiazerohedgewolf-street1d ago11 sources

US Retail Sales See Biggest Drop in Over a Year During July

US retail sales experienced their largest decline in over a year during July, with a significant drop attributed to factors such as cheaper gas and a post-Amazon Prime Day slowdown. This downturn also reportedly led to a substantial loss for trading firm Jane Street.

Ghana Investigates AKSA Energy Deal Amid Corruption Concerns
Politicsmyjoyonline1d ago

Ghana Investigates AKSA Energy Deal Amid Corruption Concerns

Ghana is actively pursuing corruption cases, tightening control over its natural resources, and investing billions to reshape its economy. The government's increased power in the public interest has raised questions about accountability, particularly concerning the AKSA energy deal.

Wenceslas Square in Prague Generates a Ton of Waste Daily
Environmentaktualne-cz1d ago

Wenceslas Square in Prague Generates a Ton of Waste Daily

An analysis by Prague authorities and the Institute of Circular Economy revealed that people dispose of approximately one ton of waste daily in Wenceslas Square, with beverage packaging accounting for a third of it. The study was conducted over two days.

Indonesia Proposes 2027 Budget and Plans State-Owned Enterprise Closures
Businessbloomberglsm-lvchannel-news-asia+1punch-ng1d ago4 sources

Indonesia Proposes 2027 Budget and Plans State-Owned Enterprise Closures

Indonesia's President has proposed a US$230 billion budget for 2027, targeting a deficit of 2.4% of GDP, with miners and EV makers positioned as beneficiaries. Concurrently, the President also suggested liquidating hundreds of unproductive state-owned enterprises to streamline the economy.

Swiss Economy Records Fastest Growth Since 2021
BusinessFThindustan-times1d ago2 sources

Swiss Economy Records Fastest Growth Since 2021

The Swiss economy has achieved its fastest growth rate since 2021, despite ongoing global trade turmoil. This robust performance indicates resilience in the face of international economic challenges.

Argentine Banks Permitted to Issue US Dollar Loans
Businessbuenos-aires-herald2d ago

Argentine Banks Permitted to Issue US Dollar Loans

Argentina's Economy Minister Caputo announced that Argentine banks are now allowed to issue US dollar loans to any company, a move intended to channel hoarded savings into credit for construction and industry.

Naples Grapples with Airbnb Boom and Tourism Impact
Worldfaz2d ago

Naples Grapples with Airbnb Boom and Tourism Impact

Naples is experiencing an unprecedented tourist influx, driven by the Airbnb boom, which Mayor Gaetano Manfredi sees as recognition, but the local economy seeks a more sustainable strategy beyond 'pizza tourism'.

ZEPS 2026 Trade Fair Expands Due to High Exhibitor Interest
Businessklix-ba2d ago

ZEPS 2026 Trade Fair Expands Due to High Exhibitor Interest

Preparations for the International General BH Economy Fair ZEPS 2026 have begun earlier than planned, with the exhibition grounds in Zenica being expanded by 30% due to significant exhibitor interest. Intensive construction is underway at Kamberovića polje.

Analysis of digital information space for OsunDecides2026
PoliticsPremium Times2d ago

Analysis of digital information space for OsunDecides2026

An analysis of the digital information space for the OsunDecides2026 campaign reveals that much of the campaign is a contest over records, focusing on issues such as jobs, teachers, roads, education, health, infrastructure, and the economy.

Italy's First Aid Bill Stalled Due to Lack of Funds for Defibrillators
Politicsla-repubblica3d ago

Italy's First Aid Bill Stalled Due to Lack of Funds for Defibrillators

A first aid bill, championed by former footballer Bove, is stalled in Italy due to a lack of 5 million euros from the Ministry of Economy needed for defibrillators. Critics argue that the government's inaction on funding wastes a year of work and questions the value placed on human life.

Market Demolitions for 24-Hour Economy Spark Lawsuits and Protests
Politicsmyjoyonline3d ago

Market Demolitions for 24-Hour Economy Spark Lawsuits and Protests

The Sekyedumase Community Bank is suing the Asokore Mampong Assembly over the demolition of its property for a 24-hour economy market, while traders in Enchi are protesting the demolition of their market for the same initiative. These incidents highlight growing tensions over market redevelopment projects.

Heatwaves and Fires to Cost French Economy Billions
Worldle-figaro3d ago

Heatwaves and Fires to Cost French Economy Billions

Heatwaves and wildfires are projected to cost the French economy between 10 and 15 billion euros, with agricultural losses being a significant factor as insurance companies assess the full extent of the damage.

Former Chinese Premier Zhu Rongji Dies at 97
WorldBBCbloombergNYT+34FTle-mondewapoNPRnzzcbctagesschaufaz+26 more3d ago37 sources

Former Chinese Premier Zhu Rongji Dies at 97

Zhu Rongji, the former Chinese premier known as the 'economic tsar' who played a pivotal role in modernizing China's economy and guiding its entry into the World Trade Organization, has died at the age of 97. His death marks the passing of a key figure in China's transformation into a global economic power.

Hungary's New Government Intensifies 'De-NER-ization' of Economy
Politicstelex3d ago

Hungary's New Government Intensifies 'De-NER-ization' of Economy

The new Hungarian government has escalated its efforts to dismantle the 'National Cooperation System' (NER) in the economy, impacting prominent businessmen like Lőrinc Mészáros, Gyula Balásy, and Attila Balázs, though some NER-affiliated companies still win state tenders.