World economy
Facing the Heat of Climate Change
21 Jul 2022
Temperatures will cease rising only if humans stop adding greenhouse gases to the atmosphere, and any failure to tackle climate change would see heat extremes escalate even more dangerously, say experts
Sri Lanka declares bankruptcy as country plunges into chaos
11 Jul 2022
Sri Lanka is currently in negotiations with the International Monetary Fund (IMF) to save the economy, but the IMF said more work was required to repair Sri Lanka’s runaway fiscal deficit before any agreement is worked out
Boris Johnson resigns as British prime minister
08 Jul 2022
At least 32 British lawmakers, including Treasury chief Rishi Sunak and Health Secretary Sajid Javid, left Johnson’s government in less than 24 hours, saying the Tory leader no longer has their confidence
Chernogolovka gains as Coca-Cola, Pepsi suspend Russian operations
01 Jul 2022
Chernogolovka, an aerated drinks company named after a town outside Moscow where it was founded in 1998, is reported to have more than doubled its presence in hotels, restaurants and cafes so far this year
World Bank fears a possible rerun of the 1970s ‘stagflation’
09 Jun 2022
Stagflation is a situation when high prices – mostly of oil and food - cause high inflation worldwide even as economies dependent on imports face recession
Quad plans over $50 bn infastructure investment in Asia-Pacific
25 May 2022
The Quad leaders said they will champion adherence to international law, as reflected in the UN Convention on the Law of the Sea (UNCLOS), and the maintenance of freedom of navigation and overflight, to meet challenges to the maritime rules-based order, including in the East and South China Seas
Sri Lanka govt plans to sell airline; prints money to pay salaries
23 May 2022
The nation has only one day’s stock of gasoline and the government is working to obtain dollars in the open market to pay for three ships with crude oil and furnace oil that have been anchored in Sri Lankan waters, the newly appointed Prime Minister Ranil Wickremesinghe said
Ray of hope as Russia offers ceasefire, Ukraine distances from Nato
09 Mar 2022
Russia announced the ceasefire for evacuation of the civilian population from Chernihiv, Sumy, Kharkiv, Mariupol, and Zaporizhzhia, even as Ukranian President Volodymyr Zelenskyy said he is no longer pressing for Nato membership for Ukraine, and cooled down on break-away provinces
Vladimir Putin seeks lawmakers’ permission to use force outside Russia
07 Mar 2022
Putin's move to sign a decree recognising Donetsk and Luhansk (Donbass) as independent regions, will pave way for Russian military forces to enter into these separatist-dominated regions claiming to be an ally of the rebels
India committed to remain a reliable global partner, PM Modi tells WEF
20 Jan 2022
‘Throw away’ culture and consumerism has deepened the climate challenge and this has made it imperative for the world to rapidly move to a circular economy, Modi said
Olaf Scholz replaces Angela Merkel as Germany’s chancellor
13 Dec 2021
While Germans see a continuation of Merkel's governing style in Scholz, who is a calm, steady hand in a crisis and a pragmatic leader striving for compromise, on foreign policy and on European policy, Scholz will be more aligned with the President Joe Biden of the United States
David Card, Joshua Angrist and Guido Imbens share Economics Nobel 2021
11 Oct 2021
David Card, Joshua Angrist and Guido Imbens have provided new insights about the labour market and shown what conclusions about cause and effect can be drawn from natural experiments that has spread to other fields and revolutionised empirical research,” says the Nobel Prize committee
Latest articles
Featured articles
Tokenising the gilt: what the UK’s digital bond pilot could mean for sovereign debt
By Cygnus | 12 Feb 2026
HM Treasury selects HSBC Orion and Ashurst LLP for its Digital Gilt Instrument (DIGIT) pilot. A deep dive into the architecture, legal framework, and the shift toward near real-time settlement.
The silicon-rich AI race: how Cisco’s G300 puts networking at the center of compute
By Cygnus | 11 Feb 2026
Cisco's new Silicon One G300 targets AI data center bottlenecks as networking becomes central to compute performance.
Server CPU Shortages Grip China as AI Boom Strains Intel and AMD Supply Chains
By Cygnus | 06 Feb 2026
Intel and AMD server CPU shortages are hitting China as AI data center demand surges, pushing lead times to six months and driving prices higher.
Budget 2026-27 Seeks Fiscal Balance Amid Rupee Volatility and Industrial Stagnation
By Cygnus | 02 Feb 2026
India's Budget 2026-27 targets fiscal discipline with record capex as markets tumble, the rupee weakens and manufacturing struggles to regain momentum.
The Thirsty Cloud: Why 2026 Is the Year AI Bottlenecks Shift From Chips to Water
By Axel Miller | 28 Jan 2026
As AI server density surges in 2026, data centers face a new bottleneck deeper than chips — the massive water demand required for cooling next-generation infrastructure.
The New Airspace Economy: How Geopolitics Is Rewriting Aviation Costs in 2026
By Axel Miller | 22 Jan 2026
Airspace bans, sanctions and corridor risk are forcing airlines into costly detours in 2026, raising fuel burn, reducing aircraft utilisation and pushing airfares higher worldwide.
India’s Data Center Arms Race: The Battle for Power, Cooling, and AI Real Estate
By Cygnus | 22 Jan 2026
India’s data centre boom is turning into an AI arms race where power contracts, liquid cooling and fast commissioning decide the winners across Mumbai, Chennai and Hyderabad.
India’s Oil Balancing Act: Refiners Rebuild Middle East Supply Lines as Russia Flows Disrupt
By Axel Miller | 21 Jan 2026
India’s refiners are rebalancing crude sourcing as Russian imports fell to a two-year low in December 2025, lifting OPEC’s share and raising geopolitical risk concerns.
Arctic Fever: How ‘Greenland Tariff’ Politics Sparked a Global Flight to Safety
By Axel Miller | 20 Jan 2026
Greenland-linked tariff threats have injected fresh uncertainty into transatlantic trade, triggering a risk-off shift in markets and reshaping global supply chain planning.

