Bank of Canada Surveys Show War Boosted Inflation Expectations, Investment

The war in Iran caused a spike in Canadian inflation expectations and is leading the country’s oil producers to boost their investment and production plans.

Argentina Shuns Markets for Now, Sees Investment Grade by 2031

President Javier Milei’s administration is targeting investment-grade status for Argentina by the end of a potential second term in 2031, while continuing to shun international debt markets.

Economies Thrive With Older, Smaller Population, New Study Finds

Declining birth rates around the world have gotten many people worried about the economic impact, with predictions of slower growth and less innovation. But a new paper finds that the…

German Factory Orders Rebound as Iran-War Effects Fade

German factory orders rebounded, encouraging news as the effect of the conflict in the Middle East on Europe’s biggest economy begins to fade.

Johannesburg Sees Path to Ratings Upgrade From Moody’s Outlook

The City of Johannesburg, which is on the verge of financial collapse, said Moody’s Ratings’ positive outlook on the municipality’s credit assessment provides a path to an upgrade that the…

Philippine Economy Can Handle One More Rate Hike, Remolona Says

Philippine central bank Governor Eli Remolona said the economy can handle another quarter-point increase in the benchmark interest rate, suggesting policymakers are ready to hike again next month.

Yen Undervalued by Up to 20%, Former Japanese Currency Czar Says

The yen should be as much as 20% stronger than it is — around 130 per dollar, a former top foreign exchange official in Japan said, pushing back against those…