Catenaa, Wednesday, April 23, 2025-Bitcoin surged past $90,000 for the first time in seven weeks on Tuesday, lifted by investor demand for inflation hedges following the International Monetary Fund’s (IMF) bleak economic outlook. The IMF’s April 2025 World Economic Outlook downgraded US growth to 2.8% and raised inflation expectations to 3%, triggering broad concern over […]

Catenaa, Wednesday, April 09, 2025-Goldman Sachs forecasted a 2.4 percentage point cut to China’s GDP growth due to US President Donald Trump’s 104% tariffs on Chinese goods, which took full effect early Wednesday. The sweeping levies, analysts warn, could derail Beijing’s 5% growth target for 2025 and have already sparked renewed fears of a prolonged […]

Catenaa, Wednesday, May 28, 2025- The United States’ national debt has surged past $36 trillion, prompting renewed warnings over the country’s long-term fiscal health as lawmakers advance proposals that could deepen the deficit further. On Sunday, a key congressional committee approved legislation to extend President Donald Trump’s 2017 tax cuts -a move that could add […]

RIYADH, Saudi Arabia, Monday, May 6, 2024 – The world’s debt burden has reached alarming levels, comparable to those seen during the Napoleonic Wars, according to World Economic Forum President Borge Brende. The World Economic Forum (WEF) convened a meeting in Riyadh, Saudi Arabia, on April 28 and 29 to address critical challenges facing the […]