Keywords: Global Economy


Oil prices head for first weekly close above $100 since May

Oil prices are on track to end the week above $100 a barrel for the first time since May, as escalating attacks and growing security risks across the Middle East fuel concerns over prolonged disruptions to global energy supplies. Despite a decline in prices during Friday’s trading session, both......

BRICS emerges as a growing force reshaping the global economy

The BRICS group has become an increasingly influential platform in international affairs as geopolitical and economic changes reshape the global balance of power. Originally conceived as a way to describe the rise of major emerging economies, the grouping has gradually evolved into a political and economic......

WTO says global goods trade remains resilient despite geopolitical tensions

The World Trade Organization (WTO) says global merchandise trade has continued to show resilience through the middle of 2026, despite persistent geopolitical uncertainty and growing concerns over trade policies. According to the WTO’s latest Goods Trade Barometer, released on Wednesday, the indicator......

Lavrov says US influence is declining as global power becomes more multipolar

Russian Foreign Minister Sergey Lavrov has argued that the United States is gradually losing influence in the global economy and international politics, while Europe is experiencing an even faster decline in its position. In an interview published by the online project Sama Menshova, Lavrov said the......

IEA warns energy disruptions are delivering a major shock to the global economy

The disruption of Russian gas supplies to Europe and growing uncertainty over energy flows through the Strait of Hormuz have delivered a major shock to the global economy, International Energy Agency (IEA) Executive Director Fatih Birol said on Friday. Speaking to journalists in Istanbul during the......

Morocco ranks first in Africa for investment freedom and 17th globally

Morocco has strengthened its position as an investment destination, ranking first in Africa and 17th worldwide in the 2026 Investment Freedom Index, according to the latest data compiled by The Global Economy based on assessments by the U.S.-based Heritage Foundation. Morocco scored 80 points out of......

UN warns climate change is putting growing pressure on economies worldwide

The economic and social consequences of climate change are intensifying across countries every year, with no nation remaining fully protected from the effects of a warming planet, according to Simon Stiell, executive secretary of the United Nations Framework Convention on Climate Change. Speaking at......

Iran conflict puts fresh pressure on global markets

Global financial markets came under renewed pressure on Tuesday as the escalation of military tensions in the Middle East sent energy prices higher and revived concerns over inflation, borrowing costs and the outlook for the world economy. The latest market movements followed new US strikes against......

G20: Washington Aims to Rally Major Economies Behind Its Pressure Strategy Against Iran

G20 finance ministers are meeting on Monday and Tuesday in Asheville, North Carolina, for the first series of discussions organized in the United States under the American presidency of the group. Officially dedicated to growth, deregulation, and trade imbalances, this meeting is also expected to be......