Ward: Security

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Fitch Cuts Gabon’s Rating Further Into Junk on Debt Risks

Fitch Ratings has cut Gabon’s credit rating further into junk territory, citing widening government deficits and declining demand for the country’s debt.

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Covid, Inflation and the GFC: The Economic Story of a Quarter-Century

From Clinton-era optimism to the dot-com crash, the housing bust, a manufacturing decline that fueled MAGA, and the once-in-a-century shock of Covid, the first 25 years of the century reshaped both the economy and the public mood. Michael McKee, Jason Furman, Torsten Slok, and Stephanie Flanders exp…

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China’s first polysilicon consolidation steps unlikely to move prices in Q1

China’s largest polysilicon producers have launched initial steps toward consolidation to curb overcapacity, but OPIS analyst Summer Zhang tells pv magazine that unresolved funding, capacity cuts and governance issues mean prices are likely to see only modest support in the near term without sustain…

223

What will happen when the £100 contactless card limit is scrapped?

Watchdog says banks will be able to respond to changing consumer demands, inflation and new technologyThe limit on contactless spending with a credit or debit card will be scrapped in March 2026, and banks will be allowed to set their own restrictions.The City watchdog, the Financial Conduct Authori…

121

Cocoa Prices are Falling. When Will Chocolate Get Cheaper?

Cocoa prices have dropped from their 2024 peak — but don't expect chocolate bargains this holiday season. When will prices finally fall? Harry Black explains. (Source: Bloomberg)

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USGS releases assessment of undiscovered gas resources in Gulf Coast’s Haynesville Formation

RESTON, Va. — The U.S. Geological Survey released its assessment of potential for undiscovered gas and oil in the Haynesville Formation underlying the onshore Gulf of America and adjoining state waters, assessing that there are technically recoverable resources of 47.9 trillion cubic feet of gas and…

11

Retailers hope ‘panic weekend’ will bring Christmas cheer to UK sales

Experts forecast spending will be more than 12% up on same period in 2024 after lucklustre figures so farRetailers are hoping for a last-minute dash for the shops this weekend after a lacklustre run-up to Christmas, with UK households forecast to spend £3.4bn, up more than 12% on the same weekend in…

112

Have we reached a tipping point on public debt?

An intolerable burden is being placed on future generations that will result in financial crises and political instability

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Australia’s biggest pension fund to cut global stocks allocation on AI concerns

AustralianSuper warns of ‘maturing’ US tech cycle and high valuations

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China’s Rare-Earth Magnet Exports to US Decline in November

China’s exports of rare-earth magnets to the US fell 11% in November from a month earlier, with no immediate rebound seen after a trade truce between the world’s two biggest economies.

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Modi Fast-Tracks Reforms to Shield Economy From US Tariffs

Prime Minister Narendra Modi’s government pushed through far-reaching policy reforms in the final parliamentary session of the year, seeking to bolster the economy in the face of trade headwinds.

231

Colombia Readies Decree to Force Pensions to Invest More Locally

Colombia plans to publish next year a decree that would force pension funds to invest more money in the local economy, according to a government website.

331

Chicago City Council Passes Revenue Ordinance Without Head Tax

Chicago’s city council on Friday approved a revenue ordinance for 2026 that’s a key component of a roughly $16 billion budget for the third-largest US city.

329

Bloomberg New Economy: Thriving in an Age of Extremes

Candid conversations with CEOs, investors, and government leaders focused on how to navigate and prosper in this age of economic uncertainty. Hosted by Erik Schatzker in Singapore. (Source: Bloomberg)

123

When airports will be the busiest this holiday season

This year has already seen eight of the busiest air travel days in TSA history. Could a December date join them?

120

Alan Milburn to review rise in youth minimum wage

Exclusive: Blair-era minister echoes concerns about young people being priced out of jobs, in intervention likely to dismay Labour MPsThe future of the youth minimum wage will come under review as part of a major inquiry into rising inactivity among Britain’s young people by the former health secret…

218

Circle back in February? If only we could | Letter

David Parker responds to the news that some New Zealanders are taking an extremely long summer breakI’m curious about these New Zealand workers checking out of any serious work from Christmas until March (See you in March? Debate in New Zealand over extremely long summer break, 12 December). Who are…

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