Worldwide

U.K. GDP shrinks 0.1 percent in April as services drive decline, inflation eases to 2.8 percent

U.K. GDP shrinks 0.1 percent in April as services drive decline, inflation eases to 2.8 percent

Mixed signals from inflation and GDP leave policymakers balancing stability and weak momentum

U.S. strategic petroleum reserve nears lowest level since 1983 amid global supply strain

U.S. strategic petroleum reserve nears lowest level since 1983 amid global supply strain

The SPR continues to decline as geopolitical tensions and shipping disruptions pressure global energy security

May 2026 ranks second-warmest globally as rapid heatwaves, extreme weather cause disruptions

May 2026 ranks second-warmest globally as rapid heatwaves, extreme weather cause disruptions

Europe transitions rapidly from below-average baseline temperatures to intense early-season heatwaves

Japan initiates biggest budgetary reform since 1945 to eliminate structural reliance on supplementary spending packages

Japan initiates biggest budgetary reform since 1945 to eliminate structural reliance on supplementary spending packages

The reform directly addresses opposition and investor criticism regarding overly loose fiscal policies

Putin affirms BRICS drives growth as bloc generates 49 percent of global GDP expansion, $1 trillion in trade

Putin affirms BRICS drives growth as bloc generates 49 percent of global GDP expansion, $1 trillion in trade

The member states' share of global trade has more than doubled since inception

Japan’s foreign reserves drop by record $77.11 billion in May, lowest since July 2025

Japan’s foreign reserves drop by record $77.11 billion in May, lowest since July 2025

Sharp decrease is largely attributed to aggressive efforts by Tokyo authorities to stabilize the yen

Google’s Alphabet upsizes equity offering to $84.75 billion to meet high-density AI compute needs

Google’s Alphabet upsizes equity offering to $84.75 billion to meet high-density AI compute needs

Move signals strong investor appetite for tech giants expanding their AI infrastructure

Eurozone’s May Composite PMI falls to 48.5 as shrinking demand, inflation signal 0.2 percent Q2 GDP contraction

Eurozone’s May Composite PMI falls to 48.5 as shrinking demand, inflation signal 0.2 percent Q2 GDP contraction

Private sector activity contracts at fastest pace in 18 months

EU hits key labor, education targets but struggles to halt sharp environmental decline

EU hits key labor, education targets but struggles to halt sharp environmental decline

Findings indicate little to no progress was made regarding the goal of international partnerships

India approves $1 billion support to cap aviation fuel prices amid global energy pressures

India approves $1 billion support to cap aviation fuel prices amid global energy pressures

Government caps aviation turbine fuel price at INR75.6 per litre for domestic flights

World Bank and Japan launch $20 million initiative, finalize new framework to secure supply chains, critical minerals

Banking & Finance

World Bank and Japan launch $20 million initiative, finalize new framework to secure supply chains, critical minerals

New platforms extend existing partnerships of Japan with the World Bank Group on critical minerals

Trump adjusts tariffs on steel, aluminum, and copper derivatives up to 25 percent until end of 2027

Banking & Finance

Trump adjusts tariffs on steel, aluminum, and copper derivatives up to 25 percent until end of 2027

Foreign companies can qualify for a lower 10 percent tariff to incentivize local domestic production

U.S. government takes equity stakes in nine quantum computing firms under $2 billion grant package

Banking & Finance

U.S. government takes equity stakes in nine quantum computing firms under $2 billion grant package

IBM emerges as top beneficiary securing $1 billion of the total funding package

Japan’s Q1 2026 real GDP expands 0.5 percent, marking an annualized 2.1 percent growth rate

Japan’s Q1 2026 real GDP expands 0.5 percent, marking an annualized 2.1 percent growth rate

Nominal gross domestic product increases 0.8 percent during the three-month period

U.S. Treasury yields return to 5 percent for the first time since 2007

Banking & Finance

U.S. Treasury yields return to 5 percent for the first time since 2007

Investors sell off government debt as Middle East conflict fuels inflation concerns

FAO warns food prices surge 1.6 percent in April, cuts 2026 wheat output forecast to 817 million tons

FAO warns food prices surge 1.6 percent in April, cuts 2026 wheat output forecast to 817 million tons

Cereals, rice follow oil surge; meat prices smash record

ECB Lagarde rejects eurozone stagflation fears despite rising growth, inflation risks

ECB Lagarde rejects eurozone stagflation fears despite rising growth, inflation risks

Baseline forecasts 0.9 percent 2026 expansion rates steady amid oil shock divergence

U.S. to offer 92.5 million barrels SPR crude loans to calm oil spike

U.S. to offer 92.5 million barrels SPR crude loans to calm oil spike

IEA pact aims to ease biggest energy crisis as gasoline hits $4.30 record

EU-Mercosur trade deal takes effect, cuts tariffs and opens 700 million-consumer market for EU exports

EU-Mercosur trade deal takes effect, cuts tariffs and opens 700 million-consumer market for EU exports

The deal unlocks major trade gains

U.S. Q1 2026 GDP grows 2 percent, beats forecasts amid inflation and global headwinds

U.S. Q1 2026 GDP grows 2 percent, beats forecasts amid inflation and global headwinds

GDP accelerates amid energy shock

Bank of England holds rates at 3.75 percent citing energy uncertainty, elevated inflation risks

Bank of England holds rates at 3.75 percent citing energy uncertainty, elevated inflation risks

MPC 8-1 vote warns of rising U.K. inflation risks from oil shock

Eurozone inflation hits 3 percent in April on energy surge amid Q1 GDP growth of 0.1 percent

Eurozone inflation hits 3 percent in April on energy surge amid Q1 GDP growth of 0.1 percent

Energy prices spiked 10.9 percent amid SoH blockade fueling stagflation fears

Canada to launch first sovereign wealth fund with $18.32 billion seed capital

Banking & Finance

Canada to launch first sovereign wealth fund with $18.32 billion seed capital

Canada Strong Fund will invest in major national projects with private sector partners

Bank of Japan holds interest rate at 0.75 percent, raises inflation forecast by 0.9 percent

Bank of Japan holds interest rate at 0.75 percent, raises inflation forecast by 0.9 percent

Central bank keeps policy steady in 6–3 vote as market expected