Argentina’s Political Parties Look for Ways to Avoid Extremes

For decades, Argentina’s economic pendulum has whipsawed investors by swinging from one ideological extreme to another, as each new administration dismantled the framework built by its predecessor.

Poland Holds Rates for Fourth Month as Inflation Risks Fade

Poland’s central bank kept interest rates steady for a fourth month as inflation moderated after a surge stoked by the US-led war on Iran.

Romania Keeps EU’s Highest Rates With Inflation Stuck Above 10%

Romania held interest rates at the highest level in the European Union as policymakers tackle double digit inflation in an economy on the verge of a recession.

Chile Consumer Prices Surprise Analysts by Staying Flat in June

Chile’s monthly inflation was unchanged last month, surprising analysts who had expected a drop in fuel costs and subdued activity to help cause a decline in consumer prices.

EU Plans More Flexibility for Industry in Carbon Market Review

The European Union aims to give its ailing industrial sector more flexibility in an upcoming reform of the bloc’s flagship carbon market, while ensuring companies boost investment in clean technologies.

India Seeks Safe Hormuz Passage for Nine Ships as Truce Falters

India is considering options including holding talks with Iran in order to secure safe passage for at least nine laden tankers waiting in the Persian Gulf, as attacks in the…

Gold Gets a New Shine in Era of Volatile Geopolitics

Amid the geoeconomic strains of the 2020s, gold’s haven status is proving to be a big beneficiary

US Trade Deficit Widens in May to Biggest in More Than a Year

The US trade deficit widened as imports increased and exports, led by gold, declined.

Argentina to Repay $4 Billion, Defying Critics Who Doubted Tack

Argentina is set to make a major payment on its dollar bonds this week, pulling off a feat few investors thought possible while the country refuses to tap global debt…

Hungary Narrows Budget Gap to $10.8 Billion After June Surplus

Hungary narrowed its first-half shortfall after posting the biggest monthly budget surplus since 2010, helping the new government as it takes on one of the biggest fiscal challenges in the…