Economy
Saudi renewable capacity surges 88% to 12,313 gigawatts by end of 2025
Saudi Arabia expanded its renewable energy sector significantly in 2025, with operating capacity jumping 88%. Meanwhile, peace talks between Russia and the US remain stalled while US officials warn war could last until 2027.
Latest news in Economy
View all
Eurozone core inflation fell to 2.4% as ECB faces second-round effects
The European Central Bank deposit rate is set to rise to 2.5%, but recent data shows energy prices have not raised broader inflation.
South Africa's Economy Contracts by 0.2 Percent in Q2 Amid Mining and Trade Slumps
Statistics South Africa confirmed the country's economy shrank for the first time in two years, driven by falls in mining output and increased imports.
Producer price index rises 0.06% in August as food costs drive inflation upward
Brazil's producer price index advanced 0.06% in August, driven by rising agricultural and raw material costs, while consumer prices fell.
Top Stories
Oil prices climb $2.00 per barrel to $99 following Saudi Houthi attacks
US economy added 162,000 jobs in August
Eurozone Bond Yields Hit 15-Year High as Gulf Conflict Drives Market Selloff