Economy

Turkey has recently experienced a notable shift in its inflation landscape, with December marking a significant decrease in the annual consumer price inflation rate. Official statistics revealed that inflation dropped unexpectedly to 44.38%, down from a staggering 47.09% in November. This decline prompts a deeper exploration of the factors contributing to this shift and its
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In a significant announcement reported by the Financial Times, China’s central bank, the People’s Bank of China (PBOC), signaled its intent to lower interest rates from the current 1.5% “at an appropriate time” in 2025. This revelation not only illustrates the bank’s response to the evolving economic landscape but also highlights its commitment to shifting
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As the financial markets gear up for the new trading year of 2025, optimism is palpable among investors. With a fresh political landscape characterized by anticipated fiscal policies and interest rate cuts, market participants are keenly speculating about the potential uplift in both corporate earnings and broader economic performance. U.S. stock index futures indicate a
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In 2024, Macau, the globe’s largest gambling hotspot, reported a remarkable increase in casino revenues, soaring by nearly 24% compared to the previous year. The Gaming Inspection and Coordination Bureau’s figures reveal that the total revenue amassed was a staggering 226.8 billion patacas (approximately $28.35 billion), exceeding government forecasts but still falling short of the
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As we cast our eyes towards 2025, analysts are buzzing with predictions that could significantly alter market trajectories. Wolfe Research has pinpointed five critical factors that could redefine economic landscapes and influence investor sentiment. While uncertainty often shapes market behavior, these factors could bring about unexpected shifts that warrant attention from investors, businesses, and policymakers
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In 2024, Abu Dhabi’s Mubadala Investment Company made headlines by capturing a significant 20% of the nearly $136.1 billion spent globally by sovereign wealth funds. This remarkable surge in expenditure positions Mubadala ahead of the previously leading Saudi Arabian Public Investment Fund (PIF). According to Global SWF, a firm specializing in the analysis of sovereign
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In an extraordinary display of political determination, Israeli Prime Minister Benjamin Netanyahu recently emerged from his hospital bed following prostate surgery to address mounting tensions within his government. His focus was the proposed 2025 budget, a critical piece of legislation aimed at stabilizing Israel’s economy during a time of crisis. Despite recommendations from his medical
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