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economic · economic

The regulator did not rule out a higher path for the key interest rate over the medium term

economic · economic

U.S. trade pressure could prove to be exactly the catalyst ASEAN needs for integration

economic

A pair of children’s shoes is an odd place to look for the changing dynamics of American power. But stick with me because, after the past year, it is one of the clearest places to see them.Long before those shoes reach a store shelf, tariffs have raised the cost of materials, components, and importation. Oil touches nearly everything else: synthetic fabrics, foam, adhesives, packaging, and freight. When both shocks arrive together, companies cut margins, cut orders, cheapen materials, delay investment, and eventually pass the pain on to consumers. Now, multiply that across the economy, and you start to see the The post Glass Jaw? The New Economic Fragility Recasting American Power appeared first on War on the Rocks .

economic · economic

America’s defense industrial base cannot build the Navy out of the threat it faces. Decades of industry consolidation, persistent resource shortages, and inconsistent demand signals have delayed the production of critical vessels and munitions. With production bottlenecks stacking up, the Navy may have no choice but to let its allies do some of the building.Both the National Defense Strategy and Navy Warfighting Instructions highlight how mobilizing allies can field more forces to the mutual benefit of the United States and its strategic partners. Likewise, the latest U.S. Navy Shipbuilding Plan stresses the importance of allied investment and production.The Trump administration The post How Japan Could Co-Produce the Navy’s Future Fleet appeared first on War on the Rocks .

economic · economic

As the relationship between the United States and Canada continues to degrade, it now comes at the expense of each country’s industrial security.Last month, the Pentagon announced the unilateral suspension of the 86-year-old Canadian Permanent Joint Board on Defense in response to what the White House sees as Ottawa’s failure to present a credible plan to spend 3.5 percent of GDP on defense by 2035. And the opening of the gleaming new bridge between Detroit and Windsor has been long delayed in the tense run-up to the continental trade deal review.What many policymakers in Washington fail to realize is that The post The Defense Industrial Alliance Washington Is Throwing Away appeared first on War on the Rocks .

economic · economic

The decision, seen as a win for central bank independence, sends the fight over removal back to the lower courts.

economic · economic

Modi urges diplomacy in call with Iran’s Pezeshkian Indian Prime Minister Narendra Modi has spoken with Iranian President Masoud Pezeshkian about the latest developments in West Asia and the proposed path towards de-escalation. Modi said that, during Tuesday’s call, he stressed the importance of freedom of navigation in the Strait of Hormuz for India and the wider world, according to the Press Trust of India news agency. In a statement, the prime minister’s office said Modi welcomed the understanding reached and reaffirmed India’s position that all disputes must be addressed through dialogue and diplomacy. Modi also underlined the need to continue efforts to secure lasting peace and stability in the region, while protecting navigation and trade. Pezeshkian had earlier invited Modi to attend the funeral of the late Iranian Supreme Leader Ayatollah Ali Khamenei, which is scheduled to take place next week.

economic · economic

UK Trade Secretary Peter Kyle is seeking to boost UK services exports to China as he hosts a delegation from the country on Tuesday. Peter Kyle and China’s Commerce Minister Wang Wentao will jointly host the 15th UK–China Joint Economic and Trade Commission at Mansion House in London. They will launch a “trade booster” initiative designed to support UK businesses expanding their exports into China during the visit. Brompton Bikes and HSBC are among the British businesses attending, while firms...

economic · economic

Annual rate of inflation rose to 2.2% in June, up from 1.7% in May, according to Nationwide

economic · economic

Price growth remains above central bank’s target for fourth straight month

economic · economic

The president’s obsession with tariffs reflects a misreading of the past 250 years

economic

The country is focused on exports, but China is slowing imports and U.S. tariff threats are growing. Politicians are offering few alternatives.

economic · economic

European Central Bank Governing Council member Joachim Nagel said he’s keeping an open mind on what action is needed at the next two interest-rate meetings, with uncertainly remaining over the situation in the Middle East and its effect on inflation.

economic · economic

Gold was steady, with traders assessing peace talks between the US and Iran and weighing a fresh slew of US economic data for clues on the Federal Reserve’s next move on interest rates.

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The European Central Bank’s next policy decisions will come down to either hiking interest rates further or holding them steady, Governing Council member Martin Kocher said.

economic · economic

South African Reserve Bank Governor Lesetja Kganyago discusses the outlook for inflation and monetary policy. He talks with Bloomberg's Francine Lacqua at the ECB Forum on Central Banking in Sintra, Portugal. (Source: Bloomberg)

economic · economic

Traders in the fed funds market are ramping up bets that the Federal Reserve will start raising interest rates as soon as July, a previously unthinkable move that risks being derailed by a series of economic data.

economic · economic

APS Holding is preparing to step up purchases of distressed debt as it sees higher interest rates and real estate stress starting to dent bank balance sheets.

economic · economic

Pakistan’s inflation eased last month, though it remained in double digits, keeping policymakers on guard against persistent price pressures.

economic · economic

Equities started July on a cautious note as investors awaited comments from Federal Reserve Chair Kevin Warsh at a time when traders are ramping up bets on US interest rate hikes. The dollar rose.

economic · economic

PlayStation 5, Xbox, Nintendo Switch 2, PC; Team Asano/Square Enix Upbeat, charmingly retro RPG full of treasure-hunting, temple-roaming, monster-slaying and princess-saving is an absolute blast to play You can’t help but wonder if developer Team Asano is in a private competition with itself to come up with the most ridiculous name for a video game. Following Project Triangle Strategy and Bravely Default: Flying Fairy we have this mouthful: The Adventures of Elliot: The Millennium Tales. It’s a playable love letter to the Zelda adventures of yesteryear rendered in the studio’s trademark glorious 2D-HD art style, melding evocative pixel sprites with modern visual effects. From west Philabieldia, born and raised, our hero is adventurer Elliot. The antagonist making trouble in the neighbourhood is a king’s dastardly aide intent on summoning an ancient evil. The story is pure after-school-TV schlock, fully voice-acted but still unafraid to make you sit through reams and reams of text, and the action comprises treasure-hunting, temple-roaming and dispatching monsters. It’s part Chrono Trigger, part Oracle of Seasons as our almost obnoxiously upbeat hero journeys through the ages in order to solve puzzles, tip his fedora and of course, save a princess. Continue reading...

economic

Oil prices have surged past $100 per barrel amid escalating Iran–Israel tensions and fears of a prolonged closure of the Strait of Hormuz, a key global energy chokepoint. Analysts warn crude could climb to $150 if disruptions persist, raising inflation risks and pressuring Indian equities, which have already seen sharp declines amid foreign outflows, rupee weakness and energy supply concerns.

economic

TT Ram Mohan has rightly suggested that the tax-GDP ratio measures structural improvement. The FM must rethink his medium-term debtto-GDP target.

economic

Gujarat's upcoming Lok Sabha elections are influenced by PM Narendra Modi's charisma, anti-incumbency, unemployment, inflation, education, healthcare challenges, and BJP's endeavor to secure all 26 seats. ​​Lok Sabha polls in Gujarat will be held in a single phase on May 7. Counting of votes will be held on June 4. Anti-incumbency, unemployment, inflation, education and healthcare facilities are some of the other important issues in the election, where the ruling BJP in Gujarat will attempt to retain all the 26 Lok Sabha seats it won in 2019.

economic

The Reserve Bank of India has introduced measures to boost foreign currency inflows, including incentives for external commercial borrowings and bearing hedging costs on FCNR(B) deposits. These steps aim to strengthen external buffers and support the rupee amidst market outflows. The central bank also maintained its policy rate at 5.25% and a neutral stance, while revising inflation and growth forecasts.

economic · economic

India's economic growth forecast for FY27 has been raised to 6.6 percent by the World Bank. This positive outlook is driven by reduced US tariffs and anticipated benefits from new free trade agreements. While external demand may weaken due to global conflicts, domestic demand and export growth are expected to pick up.

economic · economic

India's trade is changing due to the West Asia conflict. Oman is now a major import partner, especially for energy. Russia and the US are also key import sources. Singapore has become India's third-largest export destination. Tanzania and South Africa are seeing increased Indian exports. These shifts highlight new trade routes and partnerships.

economic · economic

economic · economic

The AI-driven market rally is expanding beyond tech, with healthcare, financials, and transportation sectors showing robust participation, signaling a healthy economy. Despite sticky inflation, strong corporate earnings are supporting elevated equity valuations. Investors anticipate the US Federal Reserve may maintain higher interest rates for longer, strengthening the dollar and posing challenges for commodities and emerging markets. Geopolitical tensions in the Middle East are identified as a significant risk.

economic · economic

The dollar surged to a 40-year high against the yen, fueled by rising U.S. Treasury yields and anticipation of a Federal Reserve rate hike. Traders are closely watching upcoming U.S. jobs data, with expectations of further Fed tightening increasing significantly. Japanese authorities are considering intervention to support the yen, especially with a U.S. holiday approaching, which could reduce market liquidity and amplify any action.