Global trade boom is a mirage fuelled by war, UN economists warn
The value of world trade hit a record $13.7 trillion in the first half of this year, but the surge…
Category: Economics
Israel’s gross domestic product (GDP) grew by 15.4 percent
Israel’s gross domestic product (GDP) grew by 15.4 percent at an annual rate in the second quarter of 2026, rebounding…
DHL: Group revenue soared by 13 percent to 22.4 billion euros
Logistics giant DHL Group has reported a sharp rise in profit in the second quarter thanks to solid express demand.…
Cyprus Building Permits Rise 10.7% in April as Housing Boom Continues
The number of building permits issued in Cyprus rose 10.7% in April 2026 compared with the same month a year…
Cyprus Trade Deficit Widens as Imports Rise, Exports Fall in June
Cyprus’s total goods imports rose 11.9% in June 2026 to €1,289.3 million, up from €1,152.2 million a year earlier, while…
Türkiye’s consumer prices edged up 1.78 percent in July
Türkiye’s consumer prices edged up 1.78 percent in July, up from a 0.99 percent rise in June, slightly slowing annual…
Deutsche Bank: Strongest second-quarter post-tax profit on record
Germany’s largest bank, Deutsche Bank, reported on Wednesday its strongest second-quarter post-tax profit on record, driven by strong growth in…
Volkswagen Group reports net profit fell nearly a third in the first half of 2026
Germany’s automotive giant Volkswagen Group reported on Friday its net profit fell nearly a third in the first half of…
The US is issuing billions in tariff refunds. That won’t unwind the damage to the global trading system
Markus Wagner, University of Wollongong An Australian clothing company, Nashie, recently received a six-figure refund from the US government, including…
Iraq exported over 32 million barrels of crude oil, including condensates, during May
Iraq exported over 32 million barrels of crude oil, including condensates, during May and June, generating revenues exceeding 2.33 billion…