Economy News

Economy

US Crude Oil Inventories Drop by 3M Barrels: Refinery Operations and Imports See Significant Shifts

The Energy Information Administration reports a 3 million barrel drop in US commercial crude oil inventories, now 6% below the five-year average. Refinery operations increased, but...

Economy

Fed's Kashkari Urges Action on Slowing Economy, Eyes Rate Cuts Amid Uncertainties

Federal Reserve's Neel Kashkari calls for action against the slowing economy, suggesting potential rate cuts. He discusses the unclear impact of tariffs on inflation and expresses ...

Economy

Trump Imposes Hefty 25% Tariffs on India Amidst Tensions Over Russian Oil Purchases

President Trump has imposed an additional 25% tariff on Indian goods, citing India's continued purchase of Russian oil as the reason. This brings the total duties on Indian imports...

Economy

Syria Embarks on a New Era: $14B Investment Deals Signal Reconstruction and Growth

Syria signs 12 investment deals worth $14 billion, focusing on infrastructure and commercial development, marking a new phase in the country's reconstruction and growth.

Economy

Vietnam Aims to Establish a Cutting-Edge International Financial Center by 2025

Vietnam is on track to launch an International Financial Center by 2025, aiming to attract global capital and technology. The government is developing a legal framework and infrast...

Economy

Germany's Factory Orders See a 1% Dip in June Amid Mixed Sector Performances

Germany's factory orders dipped by 1% in June, with significant sector variations. While transport equipment and automotive sectors saw declines, electrical equipment manufacturing...

Economy

UK Construction Sector Faces Steepest Decline Since May 2020 Amid Economic Challenges

The UK construction sector saw its sharpest activity decline since May 2020 in July, with the PMI dropping to 44.3. Factors include site delays, fewer new projects, and reduced pub...

Economy

France's Private Sector Employment Stagnates in Q2 2025, Marking a Slight Decline Year-Over-Year

France's private sector employment remained unchanged in Q2 2025, with a slight year-over-year decline. The market services sector saw the biggest drop, while non-market services e...