world economy
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Iran’s Foreign Trade Sees 11% Decline in Current Year Despite Volume Increase
Iran's total foreign trade volume rose 2% to 163.2 million tons, but overall trade value dropped 11% this year, with exports falling 6.3% in value and imports declining 15.6%, according…
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South Korea Bans In-Flight Use of Power Banks to Enhance Airline Safety
South Korean airlines have implemented strict regulations prohibiting the use and charging of power banks during flights, while still allowing them to be transported in cabin baggage under specific conditions.
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Three Global Currencies Outperform US Dollar in 2025 Amid Economic Uncertainty
The Swedish krona, Mexican peso, and Swiss franc have shown significant gains against the US dollar in 2025, driven by economic policies and investor confidence, while the dollar's decline impacts…
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Study Reveals Bacterial Contamination in Airplane Water, Prompts Health Warnings for Passengers
A new study has found bacterial contamination in drinking water samples from major U.S. airlines, prompting health experts to advise passengers to avoid tap water on planes and use bottled…
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Brazil Overtakes US as World’s Largest Beef Producer in 2025
Brazil has surpassed the United States as the top global beef producer in 2025, exporting approximately $17 billion worth of beef, according to official trade data.
- free zones of Iran, heaven for investment | 741 investment packages in Iran's free zones | With a capacity of over 158 billion dollars | Safe investment in the Islamic Republic of Iran
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Trump Announces Venezuela Will Purchase US Goods With Oil Revenue
President Donald Trump revealed that Venezuela will use proceeds from a new oil deal to exclusively buy American-made products, including agricultural goods, medicine, and energy equipment.
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US Plans Long-Term Control Over Venezuela’s Oil Industry
The Trump administration is developing a comprehensive initiative to establish long-term control over Venezuela's oil sector, aiming to influence global oil prices and reduce Russian and Chinese presence in the…
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Digital Euro Launches in Two Versions to Meet Diverse Financial Needs
The European Central Bank has introduced two distinct versions of the digital euro, with the wholesale variant seen as crucial for the region's financial sovereignty and stability in the face…
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Global Economy Faces Key Risks in 2026: AI Bubble, Record Debt, and Geopolitical Tensions
The global economy enters 2026 grappling with unprecedented debt levels, an AI investment bubble, and persistent geopolitical risks, according to analyses by leading research firms.
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Russia Begins Paying State Salaries in Digital Ruble Amid National Rollout Plans
The Russian government has initiated salary payments to state officials using its central bank digital currency (CBDC), the digital ruble, as part of a phased national implementation strategy.
- free zones of Iran, heaven for investment | 741 investment packages in Iran's free zones | With a capacity of over 158 billion dollars | Safe investment in the Islamic Republic of Iran
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Turkey’s Inflation Hits 30% at End of 2025 Amid Slower Monthly Rise
Turkey's annual inflation rate reached 30% by the end of 2025, marking a 13% decrease from the previous year, while December's monthly inflation of 1.08% fell significantly below market expectations,…
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Venezuela’s Debt Crisis Deepens as Creditors Pursue Billions in Unpaid Bonds
Venezuela faces mounting international debt pressures as creditors intensify legal actions to recover over $60 billion in defaulted bonds, with total external obligations now exceeding 180% of GDP amid ongoing…
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Iranian Firm in Talks for Major Oil Investment Opportunities in Venezuela
Amos Global Energy Management is negotiating with institutional investors to fund multiple oil investment opportunities in Venezuela, following heightened interest in the country's vast oil reserves after recent geopolitical developments.
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China Scrutinizes Venezuela Loans Amid Rising Default Risks
China's National Financial Regulatory Administration has instructed banks to strengthen risk monitoring on all Venezuela-related credits, as concerns grow over potential defaults following U.S. creditor demands.
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Bajgiran Border Faces One-Sided Restrictions Despite Full Infrastructure
The Bajgiran border, once a key trade route between Iran and Turkmenistan, has been reduced to limited passenger traffic due to unilateral restrictions imposed by Turkmenistan since 2011, despite having…
- free zones of Iran, heaven for investment | 741 investment packages in Iran's free zones | With a capacity of over 158 billion dollars | Safe investment in the Islamic Republic of Iran
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Turkey Sees Record Surge in Corporate Bankruptcies and Debt Restructuring Cases in 2025
Turkish companies filed a record 2,817 debt restructuring cases under the Concordatum framework in 2025, marking a 63% annual increase as financial pressures mount across key industries.
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Trump Renews Trade Threats Against India Over Russian Oil Purchases
US President Donald Trump warned India of potential tariff hikes in response to its continued trade with Russia, despite praising Prime Minister Narendra Modi's efforts to address American concerns.
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Emirates Airlines Adjusts Night Flight Schedule to Iran, No Cancellations Reported
Emirates Airlines has requested a time change for one of its flights to Iran, shifting a 4 AM departure to 9 AM starting January 10, with no cancellations affecting other…
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Greece Images Mistakenly Presented as Iran in Misleading Media Post
A viral post has circulated images of Greece falsely labeled as Iran, sparking discussions on media accuracy and misinformation.
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Elon Musk’s Starlink Offers Free Internet Services in Venezuela Amid Political Turmoil
Starlink has announced free broadband services for Venezuelans until February 3, coinciding with the country's political crisis following the abduction of President Nicolás Maduro by the United States.
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Yemen’s Ansarullah Strongly Condemns US Military Aggression Against Venezuela
Yemen's Ansarullah movement has vehemently condemned the US military attack on Venezuela, calling it a testament to American brutality and state terrorism, while expressing solidarity with President Nicolas Maduro's government.
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Turkish Airlines to Build World’s Largest Cargo Terminal with $2.3 Billion Investment
Turkish Airlines has announced a $2.3 billion project to construct the world's largest cargo terminal, expected to create 26,000 new jobs, with Istanbul likely as the host city.
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Critical Minerals Emerge as the New Oil in Global Energy Transition
As demand for critical minerals soars in the net-zero transition, geopolitical tensions rise with China dominating production and processing, while the G7 pushes for standardized markets and sustainable practices.
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Global Central Banks Ranked by Total Assets in Q3 2025
The Eurozone, China, and the United States lead the top three positions in the latest ranking of central banks by total assets, according to data from the Bank for International…
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Asian Factories Show Mixed Performance as 2025 Begins, With Tech Exporters Rebounding
Factory activity in Asia's major tech-exporting economies showed signs of stabilization in December, while Southeast Asian nations maintained strong growth momentum, according to the latest PMI data.
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BRICS Common Currency ‘UNIT’ Poses Challenge to US Dollar Dominance
The BRICS+ alliance advances plans for a gold-backed digital currency called UNIT, aiming to reduce reliance on the US dollar in global trade as the bloc expands its economic influence.
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International Journalists’ Union Reports Record High of Journalist Killings in 2025
The International Federation of Journalists has revealed that 128 journalists were killed worldwide in 2025, with over half of the fatalities occurring in the Middle East, marking an unprecedented surge…
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China’s High-Speed Rail Network Surpasses Global Peers in Scale and Speed
China now operates the world's largest high-speed rail network, exceeding 50,000 kilometers in length, with plans to expand to 70,000 kilometers by 2035, according to the state-owned China State Railway…
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US Jobless Claims Drop Ahead of Christmas, Defying Economic Forecasts
Initial unemployment benefit claims in the US fell to 199,000 in the week ending December 27, marking one of the lowest levels in 2024 and coming in below all Bloomberg…
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Iran, China, and Russia Forge Strategic Alliance to Bypass Oil Sanctions Through Shadow Fleet
A once-scattered collection of oil tankers has evolved into a sophisticated parallel logistics and financial ecosystem, enabling Iran, Russia, and China to circumvent Western sanctions and challenge global economic hegemony.
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China Imposes New Restrictions on Silver Exports Amid Industrial Concerns
China's new policies restricting silver exports and tightening controls over the metal will take effect this Thursday, drawing criticism from Tesla CEO Elon Musk who highlighted the industrial importance of…
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Russia’s Gas Exports to Europe Hit Lowest Level in Half a Century
Russia's gas exports to Europe have plummeted to their lowest point in 50 years, marking a dramatic decline in what was once Moscow's most profitable and politically significant energy relationship.
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Ryanair Tops List of Airlines with Most Lost Luggage Complaints, UK Data Shows
Ryanair leads UK airlines in baggage-related complaints, with 954 reports of damaged, lost, or delayed luggage between 2018 and Q3 2022, according to CAA data analyzed by Forbes Advisor.
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India Overtakes Japan to Become World’s Fourth-Largest Economy
India has surpassed Japan to become the fourth-largest economy globally, driven by sustained high growth, with projections indicating it could soon overtake Germany for third place.
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Samsung Secures US Export License for Chipmaking Equipment to China
South Korea's Samsung Electronics has obtained a temporary US export license for semiconductor manufacturing tools to China, following Washington's decision to tighten technology controls earlier this year.
