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Worldwide
Markets
Worry about the mountain of debt too, not just inflation
Many countries at risk of declaring default on their debts
Economy
Former finance minister’s lead in PM race spikes UK Inflation to 9.4%
A fifth and final vote for Conservative MPs will be held today, Wednesday
Energy
Cities, countries, and islands are sinking
Millions to be displaced as rising waters reclaim heavily populated lands
Industry
Global automotive industry witnessing seismic shifts: Report
“By 2035, CO₂ emissions in the UAE will be reduced by 24,000 mt”
Hospitality & Tourism
Travelers eyeing bucket list trips this year
39% are planning to spend more on travelling further afield
Technology
What is the Ethereum Merge?
And why is the event so important for the world’s second largest blockchain?
Economy
ECB raises interest rates Thursday, Italian crisis overshadows its decisions
Finland's Olli Rehn likely to raise rates by 25 basis points
Health
Contagious killer on the loose
BA.5 having a field day, but many others on the way
Markets
Global Financial Markets in Brief Week July 11
Yield curve inversion gap biggest since 2000 pointing at recession
Technology
High demand for digital skills, supply lagging
Attracting workers with digital skills is the biggest challenge
Energy
Oil prices drop below $95 for first time since invasion of Ukraine
Both major benchmarks for crude shed more than $5 a barrel
Economy
War repercussions “dissected” today at G20 table
Participants may not issue closing statement
Technology
Harder to trace, mixed cryptos, peak in 2022
Mixers improve the anonymity of crypto transactions
Economy
The Fed: Increasing fears of continued inflation and recession
Senate confirms Michael Barr Vice Chairman of the Reserve
Economy
Georgieva: The economic landscape has grown bleaker
IMF: Expectations of further deterioration
Technology
New class of post-pandemic technology leaders is emerging
New experts will separate business strategy from IT operations
Markets
Euro falls below dollar parity
For first time since 2002
Economy
US inflation rose 9.1% in June, even more than expected
Above the 8.8 percent Dow Jones estimate
Energy
France eyeing fuel, diesel imports from Abu Dhabi, TotalEnergies says
UAE, France are expected to launch a business and investors club
Economy
After Microsoft, Meta.. Another tech giant starts layoffs!
Company blamed it on the uncertain global economic picture
Banking & Finance
Elon Musk ‘Lols’ at the ‘irony’ as Twitter takes him to court
Twitter hopes to start the case on September 19
Markets
1 euro = 1 dollar
Historic decline for the first time in 20 years
Economy
New country to surpass China as the most populous in 2023
The world will soon have 8 billion people
Banking & Finance
Battle heats up between Twitter, Elon Musk
Twitter said it was confident the company would win the case
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