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ECONOMY
COP30 Concludes With Focus on Climate Finance, Sidesteps Fossil Fuel Commitments

COP30 ends with a deal to triple adaptation funds while failing to establish a fossil fuel phase-out roadmap, highlighting ongoing challenges in climate negotiations.

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ECONOMY
US Government Weighs Allowing Nvidia to Sell H200 AI Chips to China

The US is considering easing export restrictions on Nvidia's H200 AI chips to China, impacting trade dynamics and technology competition.

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ECONOMY
US Scraps October CPI and Jobs Reports Following Historic Government Shutdown

US cancels October CPI and jobs reports due to a government shutdown, raising economic uncertainty ahead of the Federal Reserve's policy meeting.

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ECONOMY
Red Cross to Cut 2,900 Jobs and Slash Budget as Donors Shift Focus

The Red Cross announces cuts of 2,900 jobs and a reduced budget due to changing donor priorities and economic pressures.

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ECONOMY
Bitcoin and Ethereum Prices Plummet Amidst Broader Market Selloff

Bitcoin and Ethereum face sharp declines, reflecting a broader market risk aversion as traders react to technological market pressures.

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ECONOMY
Trump Eliminates 40% Tariffs on Brazilian Food Imports Including Beef and Coffee

Trump's removal of tariffs on Brazilian food products aims to reduce consumer costs amid rising inflation.

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ECONOMY
Trump Administration Proposes Extensive Offshore Drilling in California and Florida

New offshore drilling plans announced by the Trump administration face significant opposition from California and Florida leaders.

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ECONOMY
U.S. Job Market Shows Unexpected Growth in September Amid Rising Unemployment

September's job report reveals unexpected growth, with 119,000 new jobs added, though unemployment also rises to 4.4%.

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ECONOMY
South Africa Prepares for G20 Summit with Heightened Security Amid Expected Protests

South Africa ramps up security for the G20 summit as protests are anticipated, highlighting the nation’s challenges with poverty and inequality.

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ECONOMY
U.S. Trade Deficit Narrows by 24% in August Amid Tariff Impacts

The U.S. trade deficit shrank 24% in August due to decreased imports as tariffs take effect, impacting economic growth forecasts.

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