Ministers Discuss Opportunities for Strengthening Bilateral Economic Relations in Tokyo

Economy and Industry Minister Petar Dilov met Japan’s State Minister of Economy, Trade and Industry Yuichiro Koga in Tokyo to discuss ways to deepen bilateral trade and economic cooperation, the press office of the ministry announced on Wednesday....

PureCycle gains REACH certification for PureFive resin in EU 

US-based plastic recycling company PureCycle Technologies has received the REACH (Registration, Evaluation, Authorisation and Restriction of Chemicals) Certificate of Compliance, enabling the company to sell its PureFive resin to customers in the...

Simplifying rules on EU lenders will take years, bank resolution boss warns

Business Post subscribers can read: • Why a top EU official says now is not the time for major changes to banking rules • What’s behind the growing tension between EU regulators and the banking industry The boss of Europe’s bank resolution...

Rachel Reeves to pitch UK as ‘beacon of stability and growth’ at IMF; UK bankers to get bonuses faster – business live

Introduction: Reeves to pitch UK as ‘beacon of stability and growth’ at IMFGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Rachel Reeves is jetting across the Atlantic to pitch the UK as...

Global government debt on course to hit 100% of GDP by 2029, IMF warns

Government debt across the world is on course to hit 100% of global gross domestic product (GDP) by 2029, according to analysis by the International Monetary Fund, the highest level since the aftermath of the second world war. In its Fiscal...

Renowned think tank to host inaugural ‘Aspen Ideas: Economy’ festival in Newark

Next week, Newark will host a two-day conference focused on entrepreneurship and shared economic growth spun off from the main “Ideas” festival hosted annually by the Aspen Institute, the global think tank founded in 1950 in the Colorado mining...

Germany's Merz aims to slash red tape on banks to boost economy, sources say

By Andreas Rinke and Tom Sims BERLIN (Reuters) -German Chancellor Friedrich Merz will push for deregulation in Europe’s banking sector, four people familiar with his thinking said, his latest effort to spur growth in the continent’s largest...

ASEAN+3’s resilience continues amid global uncertainties, with AMRO forecasting 4.1% growth in 2025

ASEAN+3’s resilience continues amid global uncertainties, with AMRO forecasting 4.1% growth in 2025 and 3.8% in 2026, driven by strong first-half performance and export momentum. ASEAN+3’s economic outlook remains positive, supported by robust...

At Washington conference, attorneys address an unsettling new era on immigration

A woman selling mangos near the Columbia Heights metro station in Washington pulled out her phone and showed the vendors next to her the news she'd just seen. "Se lo llevaron," she said in Spanish, waving her phone. "They took him." The phrase,...

Treasury Minister says economy not 'gloomy' despite looming tax rises and cuts, as Reeves blames Brexit and Tories

The Chancellor has once again reaffirmed her commitment to the government’s fiscal rules - making tax rises almost inevitable The chancellor's deputy has rejected suggestions Britain's economic outlook is "gloomy,” despite Rachel Reeves saying...

Palmas tells EU of ‘clear disagreement’ with Turkey joining Safe programme

Defence Minister Vasilis Palmas on Wednesday said he had informed top European officials of the government’s “clear disagreement” with the idea of Turkey joining the EU’s Security Action for Europe (Safe) defence procurement programme. “We clearly...

Von der Leyen: EU ready to invest in Bulgaria-Serbia gas link

"We have specific projects underway: for example, the Trans-Balkan energy corridor connecting Serbia's electricity grid with that of neighboring countries and the EU, and the gas interconnector between Serbia and Bulgaria. We are ready to invest...

BMW urges faster, clearer rollout of FTA duty cuts

BMW Group India CEO Hardeep Singh Brar has urged the government to simplify and speed up import duty cuts under new free-trade agreements, warning that announcing gradual five-year reductions like the India-UK FTA, creates confusion and delays...

3 luxury brands fined for anti-competitive pricing practices in EU

The European Commission has fined luxury fashion companies Gucci, Chloe and Loewe for fixing resale prices, in breach of European Union (EU) competition rules.The Commission's investigation revealed that the three companies restricted the ability...

NATIONAL BANK MANAGEMENT HOLDS BILATERAL MEETINGS WITH IMF AND WORLD BANK REPRESENTATIVES IN WASHINGTON

The management of the National Bank of Moldova (NBM), led by Governor Anca Dragu, is holding a series of bilateral meetings in Washington as part of the annual meetings of the World Bank Group (WB) and the International Monetary Fund (IMF). As the...

Summit explores progress on EU Social Economy Action Plan

Last month, social economy leaders and EU and national government representatives met in Murcia, Spain for the Social Economy European Summit. The summit included a conference examining the implementation of the Social Economy Action Plan, with...

‘Meeting with Chinese officials was his job,’ shock in Washington after Ashley Tellis’ arrest

The news of veteran policy expert Ashley Tellis has spread like a wildfire and invited strong reactions from people in Washington and in India. Tellis was arrested by law enforcement after having repeated meetings with Chinese officials over the...

AI Wave, Economy Fuel Major Tech Layoffs Worldwide in 2025

In 2025, many technology companies have carried out layoffs, restructurings, and workforce reductions. As artificial intelligence and economic headwinds continue to reshape the industry, job cuts have become an unfortunate reality in the...

Lithuania plans record 5.38% of GDP for defense spending next year

ISTANBUL Lithuania plans to allocate a record 5.38% of its GDP to defense in its 2026 state budget, Prime Minister Inga Ruginiene announced Wednesday. “Defense spending in the 2026 budget will reach 5.38% of GDP. This is a record amount,”...

Amjad Taha Debunks UN Walkout Rumors Praises Netanyahu Speech

In an era where viral videos trump verified facts, an Emirati researcher’s correction about UN walkouts during Netanyahu’s speech reveals the dangerous speed at which diplomatic misinformation spreads. The Context: A Chamber Divided The United...