Ray Dalio says the Fed has a tough balancing act as the economy faces ‘enormous amount of debt’
As the U.S. Federal Reserve implemented its first interest rate cut since the early Covid-19 pandemic, billionaire investor Ray Dalio…
Chairman of property firm Damac expresses concerns over ‘expensive’ Dubai
DUBAI, United Arab Emirates — Dubai’s property scene is showing no sign of cooling off, as 2024 is on track…
Many ‘doubted the vision’: Saudi investment minister touts ‘green shoring’ on path to diversification
Saudi Minister of Investment Khalid al-Falih pushed back against skepticism over the country’s economic diversification plan, as Riyadh touts “green…
Nationwide strikes erupt in Israel as hostage deaths kindle pressure for cease-fire deal
Protests have spilled into Israel’s streets, as the Jewish state braces for a nationwide strike amid mounting pressure on the…
No longer a financial reservoir? Saudi Arabia’s spending confirms clear shift in strategy
Saudi Arabia is moving full steam ahead with its focus on domestic investment — and with that, higher requirements for…
Euro zone inflation rises to 2.6% in July, above expectations
Headline inflation in the euro zone unexpectedly rose to 2.6% in July, the European Union’s statistics agency said Wednesday, even…
Euro zone’s economy grew 0.3% in second quarter, above expectations despite German contraction
The euro zone’s economy grew by more than expected in the second quarter of 2024, flash figures from the European…
‘Early innings’ of a U.S. manufacturing boom: Tema ETFs CEO delivers bull case for industrials
One exchange-traded fund is betting on a U.S. manufacturing job resurgence. Tema ETFs CEO and founder Maurits Pot is behind…
Euro zone inflation eases to 2.5% as core print misses estimate
Headline inflation in the euro area dipped to 2.5% in June, the European Union’s statistics agency said Tuesday, while the…
