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Economy & Policy

Cuba's Deepening Economic Crisis Tests the Limits of Its State-Led Model as US Sanctions Persist

HAVANA, August 13 — Cuba's worsening economic conditions are placing renewed pressure on a state-led economic model already constrained by shortages, weak production and restrictions on access to external energy supplies.

Economy & Policy3 days ago

Economy & Policy

UK Government Escalates Drought Response as Heatwaves Pressure Water Supplies, Agriculture and Infrastructure

LONDON, August 12 — The UK government is escalating its response to heatwaves, wildfires and drought as prolonged dry conditions put pressure on water supplies, agriculture and critical infrastructure across England and Wales.

4 days ago

Economy & Policy

Kenya Prepares for New IMF Talks as Government Seeks Fresh External Financing Framework

NAIROBI, August 12 — Kenya is preparing for further discussions with the International Monetary Fund over a potential new support programme, reopening an important channel for external financing as the government manages fiscal pressures and the expiry of its previous IMF arrangement.

4 days ago

Economy & Policy

US Small-Business Confidence Reaches 11-Month High as Labour Shortages Continue to Constrain Hiring

WASHINGTON, August 11 — US small-business confidence strengthened in July, with optimism reaching its highest level in almost a year as more owners planned to increase hiring, although labour shortages remained a significant constraint on expansion.

5 days ago

Economy & Policy

UK Markets Hold Steady as Investors Await GDP Data for Fresh Signals on Growth and Policy

LONDON, August 10 — UK equities opened the week with limited movement as investors turned their attention towards forthcoming economic data and corporate earnings for indications of the strength of Britain's recovery and the likely direction of monetary policy.

6 days ago

Economy & Policy

Italy's Fiscal Surplus Reinforces Budget Discipline as Eurozone Governments Face Growing Spending Pressures

ROME, Aug. 4 — Italy recorded a budget surplus of €13.4 billion in July, providing a measure of fiscal relief for one of the euro area's most heavily indebted economies as governments across Europe continue balancing public investment priorities against mounting budgetary pressures. The latest Treasury data indicate stronger-than-expected revenue collection, offering policymakers additional flexibility as they navigate slowing economic growth, elevated borrowing costs and expanding defence and infrastructure commitments.

12 days ago

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Cuba's Deepening Economic Crisis Tests the Limits of Its State-Led Model as US Sanctions Persist

UK Government Escalates Drought Response as Heatwaves Pressure Water Supplies, Agriculture and Infrastructure

Kenya Prepares for New IMF Talks as Government Seeks Fresh External Financing Framework

US Small-Business Confidence Reaches 11-Month High as Labour Shortages Continue to Constrain Hiring

UK Markets Hold Steady as Investors Await GDP Data for Fresh Signals on Growth and Policy

Italy's Fiscal Surplus Reinforces Budget Discipline as Eurozone Governments Face Growing Spending Pressures

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