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Category: Global Economy

Global Economic Shock: UK Inflation Hits 2.9% Amidst Iran War Fallout

LONDON – Inflation in the United Kingdom soared to 2.9% in July 2026, a significant increase from 2.6% the previous month. This surge is directly attr...

1 month ago

Debby Wijaya

Global Economy

German Tax Turmoil: VAT Hike to 22% Ignites Public Debate

BERLIN – A controversial proposal to reform Germany's taxation system is currently in the spotlight, sparking intense discussions across the nation in...

1 month ago

Angel Doris

Global Economy

Italy's Diesel Price Surges: Government Subsidy Policies Now Ineffective?

ROME – Italy's highway diesel price has soared back to 2.173 euros per liter in 2026, matching levels observed before government intervention through...

1 month ago

Edward DP Situmorang

Global Economy

Germany Roiled: Leading Economist Proposes Drastic VAT Hike, Abolishes Dismissal Protection!

KIEL – Moritz Schularick, President of the Kiel Institute for the World Economy (IfW Kiel), has sent shockwaves through Germany's economic landscape i...

1 month ago

Edward DP Situmorang

Global Economy

Rhine Dries: German Economy Suffers Billions in Losses as Climate Adaptation Lags

Berlin – The Rhine River reached historically low water levels in 2026, triggering an economic crisis at the heart of Germany. Chemical giant BASF was...

1 month ago

Chandra Wijayanto

Global Economy

Billionaire Tax Ignites Heated German Debate: Berlin Property Nationalization Questioned

BERLIN – The discourse surrounding substantial taxation for ultra-wealthy individuals, such as Elon Musk, has once again ignited the political and eco...

1 month ago

Edward DP Situmorang