World economy

Why Amtrak is attempting to revive the Texas Central bullet train

The U.S., despite decades of research and studies, remains without authentic high-speed rail options. Since 1987, investors have attempted to…

Trump pledges to get tough with tariffs again if elected

Proclaiming that “I’m a big believer in tariffs,” former President Donald Trump on Monday indicated he’s likely to reinstitute duties…

Nigeria battles to halt spiraling currency crisis and rising food insecurity

Nigeria is battling to contain a historic currency crisis and soaring inflation, with the International Monetary Fund on Monday warning…

Turkish annual inflation soars to 67% in February

Turkish annual consumer price inflation soared to 67.07% in February, the Turkish Statistical Institute said Monday, coming in above expectations.…

Netanyahu’s first post-war plan seeks security buffer in Gaza — in blow to U.S. diplomacy

Israeli Prime Minister Benjamin Netanyahu disclosed his first official plan for the post-war future of the Gaza Strip, calling for…

Russia was ridiculed at the start of the war. Two years on, it has reasons to be confident

When Russia invaded Ukraine two years ago, the stout resistance mounted by the country’s armed forces and overwhelming Western support…

European Union is considering sanctions on Chinese firms for aiding Russia’s war machine

The European Union is looking to sanction Chinese firms that it believes have helped Russia circumvent Western penalties, looking to…

Russia’s economy ‘in for very tough times’ despite improved growth outlook, IMF managing director says

DUBAI, United Arab Emirates — The head of the International Monetary Fund warned the Russian economy is still facing significant…

Israeli forces rescue 2 hostages in dramatic Gaza raid

Israeli forces rescued two hostages early Monday, storming a heavily guarded apartment in the southern Gaza Strip and extracting the…

Musk denies selling Starlink terminals to Russia after Kyiv alleges their use in occupied areas

Ukraine’s main military intelligence agency accused Russian forces of using Starlink terminals produced by Elon Musk’s SpaceX in occupied areas.…