The US budget deficit is set to hit $3.3 trillion when the fiscal year ends in September, while the national debt is projected to be
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Category: Business
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Russian nuclear giant Rosatom eyes 10% of lithium market by 2030
Uranium One, a unit of Russia’s state-owned nuclear energy firm Rosatom, plans to begin producing lithium by 2023, targeting between 9% and 10% of the
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Technology giants may face TikTok fate as EU seeks to toughen up Big Tech regulation
Struggling to make technology companies play by its rules, the EU may unleash measures similar to those the US imposed on TikTok, forcing them to
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Europe is ‘far behind’ the rest of the world on 5G deployment, top industry players warn
A group of over 50 of the largest European tech and industrial firms have criticized EU members for lagging behind other countries in the rollout
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Oversupply adds to grim oil demand outlook
The oil demand recovery is taking longer to materialize than many analysts initially thought, but it’s not just demand, the oversupply situation in markets also
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Economy now more important than military expenses, Russia’s budget plans show
Russia is set to cut military spending next year in favor of boosting the national economy, marking the first time in seven years the two
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Russia continues stockpiling gold, raising forex reserves to near all-time high
Russian gold and foreign currency holdings increased to a total of $591.8 billion, according to the latest data released by the country’s central bank. The
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Beijing vows to restrict ‘unreliable foreign entities’ after US moves to ban TikTok & WeChat apps
China has rolled out a mechanism allowing curbs on foreign entities harmful to its security and interests. It comes as the US pledges to bar
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TikTok sues Trump to overturn ban that could ‘destroy online community’ – report
TikTok has reportedly filed a complaint against the Trump administration, seeking to block the looming ban on the app’s operations. It marks the second time
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Shaky market has investors scratching their heads over where to put their money – Boom Bust
The US stock market had an up-and-down day on Thursday, ending in the red in response to the Federal Reserve’s policy announcements and new data
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