Wednesday, October 29, 2025
Economy
EU, Swiss hail ‘historic’ new deal resetting relations
Bern (Switzerland) (AFP) - The European Union and Switzerland announced Friday a new set of agreements aimed at recalibrating relations...
Ex-IMF chief Rato gets four-year jail term in Spain for tax crimes
Madrid (AFP) - A Madrid court sentenced ex-IMF chief and Spanish economy minister Rodrigo Rato to more than four years...
Russia central bank holds off rate hike after criticism
Moscow (AFP) - Russia's central bank kept interest rates at 21 percent on Friday despite surging inflation, a surprise decision...
China lifts rock lobster ban, bringing end to Australian trade barriers
Sydney (AFP) - China has lifted a ban on imports of Australian live rock lobsters, Canberra said Friday, demolishing the...
US Fed’s caution on rate cuts could cause friction with Trump
Washington (AFP) - Donald Trump's imminent return to the White House and uncertainty about his policy proposals has begun weighing...
El Salvador plans to sell or shut its crypto wallet
San Salvador (AFP) - El Salvador will privatize or close the cryptocurrency wallet "Chivo" created by President Nayib Bukele when...
Yen drops as Bank of Japan maintains key interest rate
Tokyo (AFP) - The yen weakened against the dollar Thursday after the Bank of Japan kept borrowing costs unchanged, extending...
Spain targets Airbnb in illegal ads probe
Madrid (AFP) - Spain's leftist government on Wednesday opened an investigation into holiday rental platform Airbnb for allegedly failing to...
US Fed cuts key rate a quarter point and signals fewer cuts ahead
Washington (AFP) - The US Federal Reserve cut interest rates by a quarter point Wednesday and signaled a slower pace...
UK electricity grid set for ‘unprecedented’ £35 bn investment
London (AFP) - National Grid unveiled Wednesday a massive plan to nearly double the transmission capacity of the UK's electricity...
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