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Keywords: Global Economy
The Organization of the Petroleum Exporting Countries (OPEC) has revised its expectations for global oil demand growth, lowering its forecast for 2026 while adopting a more optimistic outlook for the following year. In its latest monthly report, OPEC estimated that global oil demand will increase by......
Young people are facing growing pressure in the global labour market as technological change accelerates and artificial intelligence increasingly transforms jobs across a wide range of sectors. According to recent figures from the International Labour Organization (ILO), the global youth unemployment......
Oil prices continued to rise in Asian trading on Wednesday as investors assessed the prospect of a prolonged shutdown of the Strait of Hormuz amid an unresolved standoff between Iran and the United States. The strategic waterway has become a major source of uncertainty for energy markets. With no clear......
Natural disasters generated nearly $112 billion in economic losses worldwide during the first half of 2026, highlighting the growing financial impact of extreme weather events and major geological disasters. According to a global assessment released at the end of July, the figure remains broadly in line......
Oil prices climbed sharply on Tuesday as financial markets reacted to the continued disruption in the Strait of Hormuz and the absence of progress between Iran and the United States. The latest move pushed the benchmark Brent contract briefly above the $90-a-barrel threshold, highlighting renewed concerns......
Economic losses caused by natural disasters fell sharply during the first half of 2026, reaching an estimated $100 billion, according to an initial assessment by Swiss Re. The figure represents a decline of more than one-third compared with the same period in 2025 and stands about 10% below the average......
Inflation is no longer viewed simply as a temporary disruption that central banks can quickly eliminate. Across the global economy, persistently elevated prices are increasingly influencing monetary policy, corporate strategies and investment decisions, creating a financial environment that differs significantly......
Shipping activity through the Strait of Hormuz has declined significantly this week, highlighting the continued impact of geopolitical tensions on one of the world's most strategically important maritime routes for global energy supplies. Recent maritime tracking data indicate that vessel movements......
European natural gas prices rose sharply in July 2026, reaching their highest level since the beginning of 2023 as supply concerns and strong seasonal demand continued to influence the region's energy market. According to recent market data, the average price of natural gas increased significantly......