Special Reports

OPEC+ member countries, including Russia and Saudi Arabia, have agreed to delay the recovery of oil production and extend their voluntary production cuts of 2.2 million barrels per day until December 2024. This decision marks a continued effort by the alliance to manage global oil supply amid fluctuating market conditions....

Chinese President Xi Jinping announced that China will grant zero-tariff treatment to all least developed countries that have diplomatic relations with China, including 33 African nations. The announcement was made during a keynote speech at the opening ceremony of the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) in...

Telegram CEO Pavel Durov took to the messaging platform on Thursday, expressing his surprise over being arrested and questioned by French authorities less than two weeks ago. The arrest, which occurred at a Paris airport, is part of an ongoing investigation into alleged criminal activities conducted through Telegram, according to...

Knight Frank reported that between April and June 2024, a total of 463 property sales valued at over $10 million occurred across 11 major global markets. This represented a slight decrease from the 476 sales recorded in the preceding quarter. The markets included in this analysis were Dubai, Geneva, Hong...

A recent EY CEO Outlook Pulse survey, which included 1,200 executives worldwide and introduced a new Global CEO Confidence Index, reveals that CEOs around the globe maintain a positive outlook on economic growth over the next 12 months. Nearly 69% of surveyed CEOs expressed optimism about the global economic landscape...

Boeing's largest labor union, the International Association of Machinists (IAM), is threatening to strike on September 13, following months of contentious negotiations with the aerospace manufacturing giant over higher wages. Talks between the union and Boeing, which began last March, have failed to reach an agreement, raising concerns about significant...

The CEOs of Kroger and Albertsons, Rodney McMullen and Vivek Sankaran, argued on Wednesday in Oregon’s U.S. District Court that a merger of the two supermarket giants would enable them to lower prices and better compete with large retailers like Walmart, Costco, and Amazon. The hearing was part of a...

Australia's economy grew better than expected in the June quarter, driven by increased government spending, although per capita activity shrank for a record sixth consecutive quarter. The Australian Bureau of Statistics (ABS) reported a 1% growth in gross domestic product (GDP) compared to the same period in 2023, exceeding the...

At a meeting in Cyprus on Tuesday, September 3, agriculture ministers from nine EU member states urged the European Commission to expedite water security policies. The MED-9 ministers, representing Croatia, Cyprus, France, Greece, Italy, Malta, Portugal, Slovenia, and Spain, issued a joint appeal to address water shortages and secure water...

Africa, which accounts for 18 percent of the world’s population and 20 percent of its landmass, contributes only four percent of global annual greenhouse gas emissions, and even less when considering cumulative emissions since the Industrial Revolution. Despite its minimal role in causing climate change, Africa is already facing severe...