A fresh climb in European energy prices is adding complexity to the European Central Bank’s policy decisions, forcing policymakers to weigh stubborn inflation pressures against slowing...
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October 16, 2026
Year: 2026
BRICS Finance Chiefs Back Local-Currency Trade and Faster Payments, Warn on Tariff Risks
Finance ministers and central bank governors from the BRICS group have called for deeper use of local currencies in cross-border trade and improved payment systems among...
BRICS Foreign Ministers Push for IMF Reform, Local-Currency Trade, and AI in Joint Statement
Foreign ministers from the BRICS group of major emerging economies have issued a joint statement calling for sweeping changes to the global financial system, including reforms...
Stocks fall as rising yields and inflation worries weigh on Wall Street
U.S. stocks closed lower in the latest session as Treasury yields climbed and fresh concerns about inflation pressured equities across the board. Wall Street retreated in...