Philippine Peso Plummets to Unprecedented Low Against US Dollar
The Philippine peso reached a record-breaking low on Friday, trading at 62.71 against the US dollar. This significant depreciation reflects a difficult period f
Economy
Japanese Yen Retains Gains After Sharp Two Percent Jump
The Japanese yen retained most of its significant value increases on Friday. This stability followed a dramatic surge of over two percent on Thursday. The curre
German Economy Set to Outpace Expectations, Says Think Tank
The Ifo Institute, a leading German economic think tank, announced that Germany's economy will grow faster than previously forecast, with a 1.2% expansion proje
UK Services Sector Posts Fastest Growth in Four Months, PMI Reaches 52.5
London, 3 September 2026 – Britain’s service‑based economy posted its strongest monthly expansion since April, according to the latest Purchasing Managers’ Inde
European Union Struggles to Align on Israeli Settlement Trade Restrictions
The European Union remains deeply split over whether to impose trade sanctions on goods produced in illegal Israeli settlements. Irish Foreign Minister Helen Mc
Pro-American Candidates Win in Peru and Colombia as China Ties Remain Strong
Voters in Peru and Colombia elected leaders aligned with U.S. interests in recent presidential contests, signaling a shift toward Western diplomatic preferences
EU Trade Chief Rules Out Mediation Role Between Washington and Ottawa
In Brussels, European Union Trade Commissioner Maros Sefcovic stated that the bloc will not act as a mediator between the United States and Canada. Speaking on
Oil Prices Dictate the Course of Wall Street Trading
New York stock exchanges are currently experiencing significant volatility driven primarily by crude oil prices. Investors on Wall Street are reacting sharply t
Barghouti Calls for UK to Cut All Ties with Israel
Omar Barghouti, co‑founder of the BDS movement, warned that the United Kingdom must terminate all trade, diplomatic and economic links with Israel, citing inter
Bessent Says China Blocked G20 Statement Over Trade Surplus
Treasury Secretary Scott Bessent said on September 2, 2026 that China stopped the G20 from issuing a joint communique because of a dispute over its massive trad
Australian Home Prices Slip 10% as Reserve Bank Eyes Fourth Rate Hike
Australian house prices are slipping in over 90% of suburbs as the Reserve Bank prepares its fourth consecutive interest rate increase, aimed at curbing inflati
SCO Criticizes Iran Sanctions, Highlights Unity at Bishkek Summit
At the Bishkek summit, SCO leaders condemned external attacks and sanctions targeting Iran. They reaffirmed the organization’s commitment to collective security