Economy

May 2, 2026
Olivia
Economy

Russia’s Year of Truth: The Runaway Military Budget

There are clear signs that Russia’s 2024 military budget exceeded the planned 10.4 trillion rubles ($101 billion) and was actually closer to 13.2 trillion rubles ($129 billion.) This number...

May 2, 2026
Olivia
Economy

Indonesia is building an economy that combines “the best of socialism and capitalism” : Peoples Dispatch

Indonesian President during the ASEAN Summits. Photo:Prabow Subianto / X Amid the legacy of a decade of infrastructure development and the ambition to add value to its productive base,...

May 2, 2026
Olivia
Economy

U.S. Space Command’s departure from Colorado Springs could impact local economy

COLORADO SPRINGS, Colo. (KOAA) — The United States Space Command is leaving Colorado Springs and taking off to Huntsville, Alabama. President Trump announced the command’s move on Tuesday. How...

May 1, 2026
Olivia
Economy

The Economy’s Mixed Signals

GDP growth revised up, but tariffs may lead to export ‘snapback’ Inflation remains a major concern despite GDP gains White House must be more transparent about economic challenges Source:...

May 1, 2026
Olivia
Economy

Russian Growth Outlook Darkens as Ukraine Hits Oil Infrastructure

Russian economic growth could slow far more sharply than the Kremlin expects this year as Ukrainian drone attacks on oil infrastructure disrupt exports and force production cuts, the Kremlin-linked...

May 1, 2026
Olivia
Economy

Economy Ministry hails market correction in meat, fish, vegetable & grain prices

Libya’s Tripoli based Ministry of Economy and Trade hailed last Wednesday (29 April) the significant price declines in the white and red meat market. This follows a similar announcement...

May 1, 2026
Olivia
Economy

Here’s how US blockade is affecting Iran’s economy

Iran’s economy is coming under mounting pressure from the US naval blockade which has sharply reduced oil exports, restricted hard-currency inflows and deepened financial strains after decades of sanctions....

May 1, 2026
Olivia
Economy

The Great Sector Rotation of 2026: Why Capital is Fleeing AI Tech for the ‘Old Economy’

The U.S. stock market is currently witnessing a tectonic shift in capital allocation as the “AI hype cycle” of the early 2020s gives way to the “Physical Reality” of...

May 1, 2026
Olivia
Economy

Takum Modern Market Will Boost Taraba Economy

A former minister of Defence, Lt-Gen. Theophilus Yakubu Danjuma (rtd), has said the ongoing construction of the Takum Modern Market will position Taraba State as a major economic destination...

May 1, 2026
Olivia
Economy

Don’t Call Scandinavian Countries ‘Socialist’

The claim that socialism is alive and doing well in Scandinavian countries is shameless propaganda, hopelessly wrong and out of date. One of the great delusions of our day...