Sanae Takaichi Emerges as Frontrunner in Japan Leadership Race
Japan is on the brink of making history by possibly appointing its first female prime minister ahead of the United States. Economic Security Minister...
Dollar Surges After Fed Rate Cut
The U.S. dollar gained strength on Thursday, recovering from a brief dip after the Federal Reserve implemented a larger-than-expected half-percentage-point interest rate cut. While...
Trump Escapes Assassination Attempt at Florida Golf Course
At Trump International Golf Club in West Palm Beach, former President Trump narrowly escaped an assassination attempt. Secret Service agents spotted Ryan Wesley Routh...
ECB Hikes Rates to Record 4% to Combat Inflation
The European Central Bank (ECB) has raised its interest rate to 4%, marking the 10th consecutive hike in its fight against persistent inflation. ECB...
Trump and Harris Clash as 2024 Election Approaches
The latest political debate showcased sharp contrasts between former President Donald Trump and Vice President Kamala Harris. Trump continued to dominate the Republican conversation...
France Moves Right as Macron Taps Barnier for Prime Minister
French President Emmanuel Macron's decision to appoint Michel Barnier as prime minister signals a potential shift to the right for France’s political landscape. Barnier,...
Greenpeace Stages Protest at Unilever HQ Over Plastic Waste
Greenpeace activists have launched a dramatic protest at Unilever's headquarters, barricading the building to criticize the company’s plastic output. The action, branded "Trashing the...
Rising Expectations of Fed Rate Cut Cause Dollar Volatility
The U.S. dollar experienced volatility amid rising speculation about a significant Federal Reserve rate cut in 2024. Market participants are increasingly betting that the...
IBM Cuts 1,000 Jobs and Closes Labs in China Amid Escalating Geopolitical Tensions
IBM is the latest Western company to scale back operations in China, cutting over 1,000 jobs and closing its China Development and Systems Labs...
Asia-Pacific Insurance Industry Prepares for Evolving Risk Landscape
The Asia-Pacific insurance sector is rapidly adapting to a shifting risk landscape driven by climate change and technological advancements like AI. Insurers face challenges...
EDITOR'S PICK OF THE WEEK
The World Bank and Neoliberalism: Continuity and Discontinuity in the Making of an Agenda
By Howard Stein
Since the latter part of the 1990s the World Bank has increasingly claimed its main focus is on poverty reduction and development. Among other things, the Bank introduced poverty focused loans, a...
