U.S. oil reserves increased by three million barrels during the week of 3 July but that was a proverbial drop in the bucket.
Tag: Global Economy
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GLOBAL INFLATION WILL ACCELERATE, IMF FORECASTS
The renewed hostilities along the Persian Gulf are likely to accelerate global inflation, roil supply chains, and bog down financial markets, the International Monetary Fund (IMF) warned in an 8 July report.
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GOING OUT OF BUSINESS TRENDS
The economic fallout from years of inflation, high borrowing costs, shifting consumer behavior, and mounting operational expenses continues to claim businesses across a wide range of industries.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
As employers seek greater efficiency through automation, artificial intelligence, restructuring, and outsourcing, consumers and businesses alike are pulling back spending.
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SPOTLIGHT: BIGS GETTING BIGGER
In this year’s first six months, about $3.2 trillion worth of mergers and acquisitions were agreed, 45 percent more than the same period in 2025, setting a record for any year’s first half, data service Dealogic reported.
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SPOTLIGHT: CHINA’S DIVERGING TWO-TRACK ECONOMY
As Gerald Celente has noted, the 20th Century was the American century, but the 21st Century will be the Chinese century because the business of America is war and the business of China is business.
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SPOTLIGHT: DOT- COM BUST 2.0
More investors are selling their long-dated AI-related bonds “amid fatigue over Big Tech group’s huge borrowing spree and concerns over whether the multi-trillion dollars of infrastructure spending it is funding will ever pay off,” the Financial Times reported.
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SPOTLIGHT: BIGS GETTING BIGGER
During this year’s first six months, a record 47 mergers and acquisitions worth at least $10 billion each and $2.8 trillion in value have been agreed, the London Stock Exchange Group reported.
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AI DEMAND DRIVES CHINA’S EXPORT GAINS IN JUNE
The AI-building boom increased China’s exports more than expected last month, the country’s official purchasing managers index (PMI) showed.
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CHINA IS THE IRAN WAR’S BIG WINNER, STUDY SAYS
China’s combination of large fuel stockpiles and widespread renewable energy installations allowed it to weather the energy price shock of the Iran War better than other Asian nations, a new study found.