
Luxembourg Retains S&P’s AAA Rating Amid Modest Growth Outlook
Jul 26, 2025 02:03 am UTC| Economy
Luxembourg has retained its prestigious AAA/A-1+ sovereign credit rating from SP Global Ratings, with a stable outlook, underscoring the nations resilient fiscal position and policy flexibility. The rating agency...

Moody’s Upgrades Turkiye’s Credit Rating to Ba3 Amid Policy Reforms and Lower Inflation
Jul 26, 2025 01:58 am UTC| Economy
Moodys Ratings has upgraded Turkiyes long-term foreign and domestic currency issuer ratings from B1 to Ba3, revising the outlook to stable. The upgrade highlights improved economic management, particularly the central...

Pakistan Signals Imminent U.S. Trade Deal Amid Critical Minerals Talks
Jul 26, 2025 01:31 am UTC| Politics Economy
Pakistani Foreign Minister Ishaq Dar announced Friday that Islamabad and Washington are very close to finalizing a trade deal, potentially within days. Speaking at the Atlantic Council in Washington, Dar said negotiations...

Trump Visits Scotland Amid EU Trade Talks and Epstein Controversy
Jul 26, 2025 01:22 am UTC| Politics Economy
U.S. President Donald Trump arrived in Scotland on Friday for golf and high-stakes meetings with British Prime Minister Keir Starmer and European Commission President Ursula von der Leyen, aiming to finalize a potential...

S&P 500 Hits Fifth Record Close as Trade Deal Hopes and Earnings Lift Markets
Jul 26, 2025 01:02 am UTC| Economy
The SP 500 marked its fifth consecutive record close on Friday, driven by strong corporate earnings and optimism over potential trade agreements. At the 4:00 p.m. ET close, the Dow Jones Industrial Average gained 208...

Fed Expected to Hold Rates as Markets Eye Jackson Hole Policy Signals
Jul 26, 2025 01:01 am UTC| Central Banks Economy
The Federal Reserve is widely anticipated to keep interest rates unchanged at its July meeting, maintaining a data-dependent stance as markets await clearer guidance at next months Jackson Hole symposium. Bank of America...

Trump Plans $250B Expansion of U.S. Development Finance Agency for High-Income Nations
Jul 26, 2025 00:54 am UTC| Politics Governance Economy
The Trump administration is proposing a sweeping overhaul of the U.S. International Development Finance Corporation (DFC), aiming to quadruple its funding capacity and expand its mandate to include high-income countries....