Europe's natural gas price jumped 19 percent in July, but prices of oil, coal, and metals fell, leaving the world commodity index virtually flat, according to the World Bank.
EU signs IRIS² deal to expand satellite fleet to 348. Aimed at boosting security and emergency capacity by 50% with launches starting 2029 and billions in funding. It will provide secure and sovereign broadband services for emergency services and defense by 2029.
International tourism grew as almost 307 million people travelled overseas during the first quarter of 2026 (+ 2% year-on-year). However, the tourism recovery was uneven between regions, with Europe and Africa posting gains while Middle Eastern regions recorded a fall of 14%.
Infrastructure development does not automatically indicate efficient and effective development programs. Infra-efficiency ratio measures a project’s social rate of return versus its financing cost, to stimulate optimal investment in various cases.
Switzerland made the most of its mountainous landscape by creating a unified timetable for the different forms of transport and a single ticket, allowing for the world’s densest public transport network of buses, trains, mountain railways, and boats.
During the years 2005-24, businesses owned by governments (50% or more) receive subsidies that account for 2.3% of their revenues, four times more than companies whose state ownership is less than 10%. Despite being able to receive more assistance in all areas, state-owned companies have a decided advantage when it comes to financial services. State-owned enterprises do not only receive support, but also assist in distributing it.
A comprehensive analysis of how hub-and-spoke networks have evolved in global maritime shipping over the last twenty years.
President Taye addresses debt relief and the milestone of the GERD at the 80th session of the United Nations General Assembly.
Exploring global strategies and innovations in climate-resilient irrigation to combat water scarcity and boost agricultural productivity.
Jun 24, 2026
Mar 31, 2026
Mar 28, 2026
At the World Economic Forum's Summer Davos in Dalian, World Bank data shows China's total goods and services exports at $3.77 trillion, up from virtually nothing in 1980. Renewable energy exports hit 68GW in March 2026 and EV exports reached $9.1 billion monthly, up from under $1 billion in 2022. Yet retail sales growth was just 0.2% year-over-year in April 2026, the lowest since 2022. China targets 5% GDP growth in 2026 as it balances dominance in manufacturing and clean energy with slowing domestic consumption.
Read article
The world bodies like the International Labour Organization (ILO), World Bank, and World Economic Forum (WEF) have come up with detailed figures that show the potential as well as the obstacles of investing investment into good employment opportunities in the world. The ILO in its World Employment and Social Outlook Update 2025 has reduced its expectations to create 53 million new jobs from the initial projection of 60 million new jobs in the world.
The growth in the global economy in the future is becoming more focused on sectors that are propelled by technological innovations, sustainability needs, healthcare growth, and the development of digital infrastructure in 2025. According to the Global Industry Projections and the Future of Jobs Report 2025 by the World Economic Forum, the demand for AI specialists, data scientists, machine-learning engineers, and AI governance professionals has been growing at a rapid rate, making AI an influential force in the economy and the main source of high-skilled jobs.
In a world long dominated by the financial tides of the US dollar, a new story is unfolding, driven not by a grand, planned design but by an unexpected external force: the tariff policies of Donald Trump. His administration, in…
The new World Bank report, Fragile and Conflict-Affected Situations: Intertwined Crises, Multiple Vulnerabilities (2025), paints a sobering picture of the world's most vulnerable economies. Fragile and conflict-affected situations, or FCS, are defined in this report as states where weak institutions,…
General economic losses. Uncertainty prevailed globally throughout 2025 due to conflict, distressed economic conditions, and dramatic climatic changes impacting social and governmental systems, with a lot of activity occurring during the year putting tremendous strain on these institutions of society.…
