In November, President-elect Donald Trump made a surprising move by appointing Elon Musk and billionaire Vivek Ramaswamy to lead a new government panel called the Department of Government Efficiency (DOGE). Their mission? To find and cut wasteful spending in the U.S. government and save taxpayers billions, or even trillions, of
Young Americans today are richer than ever before. According to a new report from the Treasury Department, people under 40 have seen their wealth skyrocket in recent years. But there’s a catch: despite this financial boom, many feel more economically vulnerable than ever. Why is this happening? Let’s break it
When the UK left the European Union (EU), it wasn’t just a political change. It led to a huge drop in trade, costing the country around $34 billion during the first two years of the EU-UK Trade and Cooperation Agreement (TCA). This new study, done by the London School of
A hidden crisis is spreading across workplaces around the world, and the financial services sector is one of the hardest hit. According to the Financial Times, a new study reveals that burnout, depression, and anxiety are taking a heavy toll on workers’ mental health, and in turn, damaging productivity in
In December 2024, the European Union (EU) and the South American trade group, Mercosur, reached a historic deal after 25 years of tough negotiations. This deal promises big benefits: cheaper food for Europeans and cheaper cars for Latin Americans. But there’s one major roadblock to making the deal official –
The Northern Sea Route (NSR), or Sevmorput as it’s called in Russian, stretches along Russia’s Arctic coast, connecting Europe and Asia. This icy route isn’t just a pathway through freezing waters—it’s a vital part of Russia’s economy, helping the country transport massive amounts of oil, gas, and valuable metals. Nuclear-powered
Russia’s state-owned energy giant Rosneft has struck a massive deal with India’s private oil refiner Reliance Industries. This agreement, worth an eye-popping $13 billion annually, will see Rosneft supplying nearly 500,000 barrels of crude oil every single day to Reliance, making it the biggest oil deal ever between the two
On December 10, 2024, Shaktikanta Das gave his farewell speech as the Governor of the Reserve Bank of India (RBI). But instead of just looking back at his six years in office, he focused on a bold vision for India’s future — a future where the country’s economy could be
Imagine sipping Kenyan tea in Russia or using Russian-made construction materials in Kenya. This is no longer just an idea—thanks to a groundbreaking shipping route connecting the two nations, it’s becoming a reality! The FESCO Transportation Group, a major Russian shipping and logistics company, has launched a direct route between
