France’s 2027 budget is becoming a test of whether a politically divided government can turn deficit-reduction promises into policy that investors believe will last. The government is aiming to lower the deficit from a projected 5.4% of GDP in 2026...
Russia’s offer of more than 300,000 tonnes of diesel has drawn attention because it promises extra supply at a moment of tight fuel markets and elevated prices. U.S. President Donald Trump announced the immediate release after a call with Russian...
Tax credits have become one of the main tools governments use to steer investment toward industries they consider strategically important. Clean energy, battery production, semiconductors and critical minerals are costly to build, take years to become profitable and compete across...
The Indian rupee closed Friday at about ₹96.73 per US dollar, close to its record low of ₹96.96, reached in May. The Reserve Bank of India has announced fresh steps to relieve pressure, but the forces behind the currency’s slide...
OPEC+ heads into its Sunday, October 4 meeting with a question that reaches beyond whether production targets should rise, fall or remain unchanged: how much oil can its members actually bring to market? After months of disruption to Gulf production...
Lynas Rare Earths’ proposed acquisition of Meteoric Resources would bring Brazil into its mining portfolio and give the company access to a substantial new source of rare earths. Announced on October 1, the all-share transaction values Meteoric at approximately A$968...
Government bonds are sending an increasingly expensive message: lenders want more compensation for inflation, uncertainty and the growing demands on their money. On October 1, the US 10-year Treasury yield touched 5.34%, its highest since 2002, while Britain’s 30-year borrowing...
Crypto’s next phase is taking shape behind the screen. The contest increasingly concerns the services that let a bank offer digital assets, a trading firm reach liquidity while safeguarding its holdings, or a business pay a supplier without building its...
The Federal Reserve’s September rate increase gave the dollar a clear source of support. On September 16, the Fed raised its target range by a quarter percentage point to 3.75%–4.00%, saying inflation remained elevated even as economic activity continued to...
Oil shocks are often measured by the price of a barrel of crude. The wider economic effect can be easier to see at the diesel pump. Diesel powers trucks, rail freight, farm equipment and parts of the industrial economy. When...
