Economy
US Jobless Claims Drop to Near 57-Year Low as Labour Market Shows Resilience
The number of Americans filing new unemployment claims fell to 194,000 in the week ended 17 October 2026, approaching levels last seen nearly...
Oil Prices Hit Five-Month High as Gulf Attacks Raise Fears of Supply Disruptions
Global oil prices climbed to a five-month high on Thursday, 22 October 2026, as attacks in Saudi Arabia and reported strikes on vessels...
French Borrowing Costs Climb Above US Levels as Budget Crisis Deepens
France’s borrowing costs have climbed above those of the United States for the first time since 2013, as political uncertainty, public unrest and...
Haldane Urges Higher Taxes on Online Sales to Revive UK High Streets
Andy Haldane, president of the British Chambers of Commerce, has urged the UK government to tax online sales more heavily to help struggling...
UK Energy Secretary May Reject Rosebank Oilfield Over Climate Concerns
The United Kingdom’s Energy Secretary, Miatta Fahnbulleh, is leaning towards rejecting approval for the Rosebank oilfield in the North Sea, a decision that...
UK Inflation Hits 3.5% as Government Borrowing Soars to £24.5bn
The United Kingdom is facing renewed economic pressure after annual inflation climbed to 3.5% in September, while government borrowing reached £24.5 billion, adding...
World Bank Ties Nigeria’s $500m Loan to Economic Reforms, Fiscal Transparency
The World Bank has linked the release of a $500 million loan to Nigeria to the implementation of economic reforms, improvements in fiscal...
Gulf of Guinea Commission Appoints Oyetola to Lead Regional Blue Economy Policy
Nigeria’s Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, has been appointed by the Gulf of Guinea Commission (GGC) to lead the...
