Global economy to weaken in 2025 on political uncertainty, rising debt: Report
Global economy faces challenges in 2025. Most economists predict deterioration, except for short-term US growth. Fragmentation & trade tensions increase.
Global economy faces challenges in 2025. Most economists predict deterioration, except for short-term US growth. Fragmentation & trade tensions increase.
Mubadala's KELIX bio acquired DiabTec, boosting its biologics portfolio & biomanufacturing in MENA. It secures insulin production in the UAE.
Bahrain and Oman signed 25 agreements boosting ties across diverse sectors like economy, health, science, media, investment, and energy.
US bans Red Dye 3 in food/drugs due to cancer link in rats, following a petition. Widely used in candies/baked goods, phase-out by 2027/2028.
US inflation rose to 2.9% in December, driven by energy and food, especially eggs. Core inflation was lower, easing market concerns. Rate cuts uncertain.
UK inflation slightly decreased, easing pressure. Underlying inflation fell significantly, signaling potential rate cuts. Uncertainty remains due to Trump's tariffs and upcoming NICs increases.
