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magazine

Economy

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Iran Closes Airspace After Israeli Strikes, Putting Middle East Aviation in Chaos
14 Jun
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Iran Closes Airspace After Israeli Strikes, Putting Middle East Aviation in Chaos

Many planes were canceled by airlines after Israel’s airstrikes on Iran shut
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China claims that in order to increase commerce, it will eliminate all tariffs on African products
13 Jun
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China claims that in order to increase commerce, it will eliminate all tariffs on African products

China stated it will negotiate and sign a new economic agreement with
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The UK economy has seen its biggest decline since 2023 as a result of US tariffs
13 Jun
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The UK economy has seen its biggest decline since 2023 as a result of US tariffs

The impact of new US tariffs has been a major factor in
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Italy claims it will take ten years to reach NATO defense spending goals
13 Jun
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Italy claims it will take ten years to reach NATO defense spending goals

Italy points to economic limitations as the reason it will take at
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OpenAI is negotiating a $40 billion fundraising campaign with international investors, according to reports
13 Jun
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OpenAI is negotiating a $40 billion fundraising campaign with international investors, according to reports

Reports say that OpenAI is looking for $40 billion from investors around
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The UN Verifies Gaza’s Complete Internet Blackout, Stopping Humanitarian Aid Activities
13 Jun
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The UN Verifies Gaza’s Complete Internet Blackout, Stopping Humanitarian Aid Activities

Gaza is experiencing a complete internet blackout, according to the UN, which
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Uber will test self-driving taxis the next year in London
13 Jun
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Uber will test self-driving taxis the next year in London

The transportation company is collaborating with Wayve, a UK internet company, to
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South African macadamia farmers are looking for new markets after the US tax shock
12 Jun
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South African macadamia farmers are looking for new markets after the US tax shock

Gene Likhanya started his macadamia nut farm with his own funds and
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Exclusive: Barrick Mining takes the Mali gold complex off its output forecast for 2025, sources say
12 Jun
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Exclusive: Barrick Mining takes the Mali gold complex off its output forecast for 2025, sources say

Barrick Mining (ABX.TO) has added to the consequences from a two-year fight
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The World Bank warns of the slowest global growth since 2008 and reduces its forecast for global growth to 2.3%
12 Jun
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The World Bank warns of the slowest global growth since 2008 and reduces its forecast for global growth to 2.3%

The World Bank has lowered its prediction for global growth in 2025
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