Every Magna Bureau story on economy: 56 articles, investigations and analysis in one place.
One closed valve has cut Libya's biggest oilfield by two-thirds. In a world already short of oil, the Petroleum Facilities Guard just reminded everyone…
NewsBrent north of $105, the Fed raising rates for the first time in three years, and a pipeline in flames.
NewsNine months ago the OECD expected inflation to converge and AI to save growth. Now it sees sticky prices, an AI capex bubble, and trade policy as pure…
NewsIndia and OPEC just held their seventh energy dialogue in New Delhi. The subtext: the world's fastest-growing oil customer is done being a price-taker.
NewsMexico's birth rate halved in five years. France now buries more than it births. Humanity may already be below replacement fertility.
NewsThe EU wants to triple its data-center capacity while labeling how much water and power each one drinks.
NewsWashington wants to export the dollar as stablecoin — a cross-agency push to fund deficits with token demand abroad. The plan to dollarize crypto.
NewsSamsung commits to High-NA EUV chipmaking tools in memory production by 2028 — an industry first. The ASML deal that redraws the AI chip map.
NewsChina's central bank pumps a trillion yuan a day into banks through Golden Week — its biggest liquidity backstop ever. Why Beijing is flooding the system.
NewsFrance now pays more than Italy and Greece to borrow: the OAT-Bund spread tops 100 basis points for the first time since 2012, as debt nears 119% of GDP.
NewsThe dollar index hits an eight-week high and the 10-year Treasury yield crosses 5% — unseen since 2007. Gold falls below $4,300. The Fed arithmetic, in full.
NewsApple, Nvidia and their rivals just raised 2-nanometre orders by up to 20%. TSMC's most advanced lines are full, its Arizona bet has swollen to $265 billion — and the AI chip shortage now looks like a
NewsSeventeen people gunned down at a tavern near Johannesburg on Saturday; ten more at a venue near Cape Town on Sunday. With no arrests and a third massacre days
NewsOn September 15, Pakistan's PNS Hunain and India's INS Kolkata collided in the North Arabian Sea during Pakistan's SEASPARK-26 exercise. Both navies blame each
NewsAt 12:01 a.m. Tuesday, three presidential proclamations took effect banning Canadian alcohol, dairy products and motorcycles — the first outright import prohibitions of the trade war, resting on a Dep
NewsJapan's top FX diplomat told markets Monday that the yen's slide is sending 'a very clear message' — the sharpest intervention warning yet, with the currency near 157 and July's joint operation with W
NewsThe American president rejected Iran's proposal to reopen the Strait of Hormuz in exchange for halting US strikes. Oil jumped 3%, Kuwait intercepted Iranian drones, and the mediator channel kept runni
NewsAustralia's central bank lifted its cash rate to 4.60% on Tuesday — the highest since 2011 — citing a broadening Middle East conflict and rising energy costs. Unanimous, unsentimental, and very possib
NewsBrent rose for a second straight session past $105 while Gulf crude exports hit 12.8 million barrels a day, the highest since February. The diplomats talked; the tankers found another way.
NewsUnder Operation Delta Sentinel, the Nigerian Navy recovered 33,800 litres of stolen petroleum products and shut two illegal refining sites in Rivers State. The theft economy is old; the pressure is ne
NewsBrazil's president promulgated the free-trade agreement with the EFTA states by decree on September 23. It takes effect October 1 for Brazil and Iceland, November 1 for Norway — ten rounds of talks si
NewsFlash PMI hit its strongest since October 2025, institutes raised the 2026 forecast to 1.3%, and Merz cut fuel tax from October 1. Europe's engine is turning over.
NewsFed Governor Lisa Cook told economists in Oakland that rising oil prices and AI-driven price pressure are 'material risks' to the disinflation story — weeks after the Fed's first rate cut in three yea
NewsChina's cabinet pledged 'stronger counter-cyclical measures' Monday to defend its 4.5–5% growth target — as Washington and Beijing each cut $30 billion in tariffs and opened an AI incident channel. Th
NewsDeputy Governor Dave Ramsden said Monday the policy rate 'may need to rise' as inflation expectations jumped to 4.5% — a 15-month high. Markets now price an 85% chance of a November hike.
NewsThe Wall Street bank expects the central bank to start cutting on Oct 22 and take the policy rate to 35% by year-end — if September CPI lands near 2.2% monthly. Energy prices, up 6%, are the swing ris
NewsRio Tinto and China's Baowu opened a $2 billion, 25-million-tonne iron ore mine at Paraburdoo this weekend. In a decade of decoupling talk, the ore that built modern China still ties the two countries
NewsEleven days after the CBN cut rates by 350 basis points to 23%, banks parked over 7 trillion naira at its overnight window. Private credit shrinks in real terms while the naira holds at 1,328.
NewsThe peso has slid to 17.76 per dollar — a five-and-a-half-month low, down 5% since early September. Banxico held at 6.50% and refused to follow the Fed mechanically. The trade that loved Mexico is lea
NewsTreasury Secretary Bessent says Tehran's last sanctioned crude deliveries will reach China within two weeks. Operation Economic Outcast has run since July 14 — and this is what the end of an oil empir
NewsAbout 120 surveyor reports are still pending under September's mandatory rare-earth content checks, the smelter group FINI says. Jakarta's anti-corruption assay is holding up nickel, bauxite and tin s
NewsLecornu presents the 2027 budget bill this week with no majority behind it: deficit from 5.4% toward 5%, debt at 121.7% of GDP, and the OAT spread still above 100 basis points. Paris is about to find
NewsCiti says Friday's jobs report and Wednesday's PCE won't decide the October 28–29 meeting; September's core CPI on Oct 14 will. Markets price a 64% chance of a second straight hike — if Washington let
NewsKristalina Georgieva told Youm7 the Suez crisis cost Egypt 70% of canal revenue — and that she will visit within ten days. With growth revised up to 5% and August canal income up 57%, Cairo is negotia
NewsThe September manufacturing PMI is expected at 50.1 — barely expansion, but expansion. With the State Council promising incremental stimulus and the data landing Wednesday, Beijing is managing expecta
NewsMid-September prices rose 4.47% — above every forecast — as the central bank cut 2026 growth to 1.8% and warned of a 90% chance of breaching the inflation ceiling. The runoff now has a third candidate
NewsBOJ insiders see hikes coming 'faster and more regularly.' October 29–30 has a one-in-three shot — Thursday's Tankan survey is the tripwire.
NewsUS households now fund 6.8% of all consumer spending from stock-market wealth — twice the 2019 pace — as portfolios turn into paychecks.
NewsThe 10-year Treasury yield hit 5.1%, its highest since 2007, on a hot September PMI; markets now price another Fed hike in October at up to 73%.
NewsA BlackRock-backed consortium is in exclusive talks to buy Stack Infrastructure's Asia-Pacific data centers for up to $25B — the biggest bet yet that AI's…
NewsTrump and six tech CEOs signed the White House Accord on Super Intelligence on Tuesday — a one-page pledge of self-regulation the president called “morally…
NewsThe US president says China is 'dumping' weapons into the hands of narco-terrorists killing Americans — hours before confirming a face-to-face with Xi in South Korea. Accusation and embrace, on the sa
NewsProtego Ventures closed the country's largest defense-only venture fund to back AI, drones and autonomous systems — as Israeli startups raised $11 billion in nine months.
NewsSpodumene fetched US$2,105 a tonne — up 92% in three months. The miner raised output guidance across iron ore, lithium and mining services, and the ASX battery boom is back.
NewsSeptember prices hit multiyear highs across the eurozone's big economies, all of it energy. Lagarde preaches a "measured response" — but markets are pricing four more hikes.
NewsAtlasIntel has Bolsonaro a tenth of a point ahead in a simulated runoff; BTG/Nexus has Lula ahead by two. The first round is Sunday — and 5,000 interviews say nobody knows.
NewsIran said Wednesday it had received the US reply to its seven-day Hormuz plan; Foreign Minister Araghchi laid it before President Pezeshkian at a cabinet meeting. The same day, the rial crossed 2.5 million to the dollar
NewsThe Federal Reserve's inspector general found no criminal misconduct in the $2.4 billion headquarters renovation — and Donald Trump demanded Jerome Powell's resignation anyway.
NewsNearshoring keeps pushing record freight across the US-Mexico border — but a crackdown on drivers, visas and licenses is shrinking the fleet that carries it.
NewsHaffner Energy will market the renewable hydrogen produced at its Marolles plant through a new refuelling station — a small announcement, and a signal that Europe's hydrogen economy is finally learnin
NewsThe UNDP chief warns that rising energy costs, a record El Niño and multi-decade borrowing highs are pushing developing countries toward pandemic-era distress — just as the IMF and World Bank head to
NewsRussia has hit Kyiv's Southern Bridge two days running; Ukraine has answered at a Volgograd refinery. The trenches are quiet. The infrastructure is the front.
NewsAt $1.1237 the euro sits at a 17-month low — and the market has named the culprit: France. As the 10-year OAT flirts with 5% and the spread over Germany hits crisis-era wides, the bond vigilantes are
NewsTreasury yields hit their highest since 2002, the dollar reached a 17-month peak, and Europe’s bond markets buckled under France’s fiscal mess — all in a single day.
NewsOn Gandhi's birthday, thousands marched on Jantar Mantar to demand the resignation of the Election Commission chief over 'vote theft' — and were dragged off the streets by the hundreds. Inside the Com
NewsDonald Trump says the Omani co-pilot who tried to bring down a Dubai–Tel Aviv flight may be linked to Iran — and promises Tehran will be hit ‘very hard’ if so. The investigators, and even Netanyahu, a
