world economy
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New Thermal Diode Technology Promises to End Smartphone Overheating
Engineers at the University of Houston have developed a breakthrough thermal management system that acts as a 'thermal diode,' directing heat flow in one direction to prevent device overheating and…
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NASA’s Astronomy Picture of the Day Features the Running Man Nebula
NASA has highlighted the Running Man Nebula, a stunning star-forming region in the Orion constellation, as its latest Astronomy Picture of the Day, showcasing its intricate dust formations and luminous…
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Infographic: The Strategic Importance of the Strait of Hormuz in Global Trade
A new infographic highlights the critical role of the Strait of Hormuz in global energy supply chains and maritime trade routes.
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IMF Chief Georgieva Highlights Strong Global Growth Amid Geopolitical Shifts
IMF Managing Director Kristalina Georgieva announced at the Arab Financial Forum in Dubai that global growth remains robust despite significant geopolitical and trade policy changes, with inflation projected to decline…
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Luxembourg Tops EU Minimum Wage Rankings for 2026
New 2026 data reveals Luxembourg maintains the highest minimum wage in the EU at €2,704 monthly, while Bulgaria trails with €620, highlighting significant economic disparities across member states.
- 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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Germany’s Public Debt Reaches Historic High in Q3 2025
Germany's public debt surged to a record 2.6088 trillion euros in the third quarter of 2025, marking a 2.1% increase from the previous quarter, according to federal statistics.
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Winter Storm Disrupts US Travel with Over 2100 Flight Cancellations
A severe winter storm sweeping across the southeastern US has forced the cancellation of over 2100 flights, with power outages affecting nearly 200,000 homes and businesses while threatening Florida's citrus…
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Texas Bans Chinese Tech Firms Over Data Security Concerns
Texas Governor Greg Abbott has prohibited state agencies from using technology linked to the Chinese Communist Party, citing data privacy risks, as a major China-Japan joint venture faces uncertainty.
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Hong Kong Customs Seize Major Silver Smuggling Operation Bound for China
Hong Kong customs officials intercepted a vehicle bound for China, uncovering a significant silver smuggling operation disguised as ordinary travel snacks, highlighting how soaring precious metal prices are reshaping criminal…
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Ankara Tops Turkey’s Housing Price Surge with 34.9% Annual Increase
Turkey's capital Ankara has become the epicenter of the country's housing price surge, recording a 34.9% annual increase in December 2025, according to central bank 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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President Trump Nominates Kevin Warsh as Federal Reserve Chair
President Donald Trump has announced Kevin Warsh as his nominee for Federal Reserve Chair, praising his economic expertise and alignment with administration policies, though confirmation may face Republican opposition.
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Scott Ritter Shares Insights on Recent Events in Iran
Former UN weapons inspector Scott Ritter provides analysis on the latest developments in Iran, offering a detailed perspective on the current situation.
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Iran’s Dogharoun Special Economic Zone Handles $3.2 Billion in Exports to Afghanistan Amid Trade Imbalance
The Dogharoun Special Economic Zone, Iran's largest such area, facilitates 60% of the country's exports to Afghanistan while facing a stark trade imbalance of $3.2 billion exports versus $30 million…
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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.
- 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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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.
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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.
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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…
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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.
