The announcement of British Steel's deal to supply rail for Turkey's Ankara–İzmir high-speed railway has reignited a debate about the importance — and the future — of steelmaking in the UK. The eight-figure contract with ERG International Group is a commercial win, but it has also prompted a broader conversation about what it would mean to lose the capability that produced it.
British Steel, at...
India's crude oil diversification strategy demonstrated its effectiveness in 2025, maintaining overall energy supply levels despite significant declines in Russian imports. While US crude imports to India increased by 65.6% to $8.2 billion during April-December 2025, Russian crude imports fell by more than 17%, declining from $40 billion to $33.1 billion in the same period.
December 2025 import data shows successful diversification in practice. Although...
The Bank of England has held interest rates unchanged at 3.75%, with some policymakers expressing concern that consumer inflation expectations remain elevated despite falling...
Precious metals markets brought relief Monday as gold and silver recovered from one of their steepest declines in recent memory. Gold climbed from an...
Liverpool will become the European headquarters for Chinese carmaker Chery's research and development operations, with the state-owned manufacturer establishing a comprehensive facility on Merseyside....
British budget airline EasyJet has warned that European Union baggage regulations could trigger the collapse of revenue models that have enabled the low-cost carrier...
President Trump has pressured South Korea with a demand for action, threatening 25% tariffs on major exports over a stalemate regarding a trade agreement...
The debate over Germany’s gold held abroad is intensifying as more experts voice concern. Political developments have added urgency to the discussion.
Germany stores over...
The European Parliament has officially suspended the US trade deal ratification, directly responding to President Trump's threat of 10% tariffs unless Europe supports his...
Monday's global financial markets witnessed extraordinary movements as precious metals achieved historic price levels in response to tariff threats affecting both major European economies...
The arrest of over 10,000 people in Iran has prompted a fierce economic response from President Donald Trump. Citing the regime’s brutal crackdown, Trump...
Comparing modern credit card rates to "loan sharking," Donald Trump has announced a 10% interest rate cap intended to crush high borrowing costs. The...
President Trump's proclamation that US oil companies are ready to invest billions in Venezuela has generated remarkably little public support from the energy industry....
