Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Commentary

Mon, Dec 22, 2025 11:18 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Tentative Greece agreement dowses exit fears

Jul 13, 2015 16:58 pm UTC| Commentary

At the end of a round of drawn-out weekend negotiations, a tentative agreement on a new bailout deal of 82-86bn for Greece was reached with euro area partners. Bridge financing is expected to be provided to cover Greeces...

Grexit - what if? Greece kept on a short leash

Jul 13, 2015 16:33 pm UTC| Commentary

This morning the negotiations between Greece and its creditors finally concluded with a conditional deal including a new set of actions to be taken by the Greek side to get agreement on a new ESM programme. Greek...

Markets rally on prospect of a third bailout for Greece

Jul 13, 2015 16:19 pm UTC| Commentary

Back to back rallies in global markets because of the Greece economy, that is 0.2 percent of the Eurozone, is astounding. Or maybe it is just a normalization of markets after the perennial Greek tempest. Many unfortunate...

Poland's PPI likely to have increased significantly in June

Jul 13, 2015 12:45 pm UTC| Commentary

Polands producers price index was -2.2% in May.Societe Generale estimates, this to have increased to -1.7% yoy in June from -2.2% in May, whereas, in monthly terms PPI is expected to have increased by 0.5%, mainly due to...

Bank of Canada to cut the overnight rate?

Jul 13, 2015 10:53 am UTC| Commentary

There is little indication that a growth rotation towards capital spending and non-energy exports is taking place in Canada in the manner that the BoC had envisioned, particularly with real non-energy exports of goods...

No more room for further monetary stimulus – for now

Jul 13, 2015 09:48 am UTC| Commentary

Last month,Banco de Chiles President Rodrigo Vergara said that the bank sees further easing as futile, given the view that a substantial part of the growth deterioration is probably structural (vs cyclical). Then the bank...

USDA expects the global wheat market to be better supplied

Jul 13, 2015 09:35 am UTC| Commentary

The most striking changes to the new USDA forecasts for wheat are the 12 million ton increase in estimated ending stocks for the 2014/15 season and the upward correction of the forecast for the global surplus in 2015/16...

5291 5292 5293 5294 5295 5296 5297 5298 5299 5300

Economy

Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten

Platinum prices surged sharply at the start of the week, rallying more than 4.6% on Monday to break above the $2,000 per ounce level for the first time since 2008. The move marks a 17-year high for the precious metal and...

U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise

The U.S. dollar edged lower on Monday after posting modest gains last week, as cautious market sentiment and rising geopolitical tensions weighed on risk appetite. Currency markets remained largely subdued in Asia, showing...

Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks

U.S. coffee drinkers hoping for cheaper coffee after President Donald Trump rolled back key import tariffs are likely to be disappointed. While the tariff reductions removed duties on hundreds of food items, including...

UK Economy Grows 0.1% in Q3 2025 as Outlook Remains Fragile

The British economy recorded modest growth in the third quarter of 2025, expanding by 0.1% between July and September, according to the latest confirmation from the Office for National Statistics (ONS). The final GDP...

German Exports to the U.S. Decline Sharply as Tariffs Reshape Trade in 2025

German exports to the United States recorded a significant downturn in 2025, underscoring the lasting impact of U.S. trade policies on Europes largest economy. According to a study cited by Reuters, German car exports to...

Politics

Kremlin Rejects U.S. Intelligence Claims on Putin’s Alleged Plans to Expand War Beyond Ukraine's

The Kremlin has firmly rejected claims attributed to U.S. intelligence suggesting that Russian President Vladimir Putin intends to seize all of Ukraine and potentially reclaim parts of Europe that were once under Soviet...

Trump Appoints Louisiana Governor Jeff Landry as Special Envoy to Greenland

U.S. President Donald Trump announced on Sunday that Louisiana Governor Jeff Landry has been appointed as a special envoy to Greenland, a move that has reignited global attention on the strategic Arctic territory and its...

ASEAN Pushes to Revive Thailand–Cambodia Ceasefire as Border Conflict Intensifies

Southeast Asian foreign ministers convened in Malaysia on Monday in a renewed diplomatic effort to restore a fragile ceasefire between Thailand and Cambodia after nearly two weeks of intense border fighting. The conflict,...

NSW Parliament Recalled After Bondi Beach Shooting to Debate Stricter Gun Laws and Protest Limits

Australias New South Wales state parliament was recalled on Monday for an urgent two-day session to debate proposed new laws that would significantly tighten firearm ownership, ban the public display of terror symbols, and...

U.S. Coast Guard Pursues Sanctioned Oil Tanker Near Venezuela Amid Rising Geopolitical Tensions

The U.S. Coast Guard is actively pursuing a sanctioned oil tanker in international waters near Venezuela, according to U.S. officials cited by Reuters, marking what could become the third such operation in less than two...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...