Saudi Arabia Announces Fiscal Deficit of $135 Billion

Yesterday, Saudi Arabia announced that 2015 would produce a budget deficit amounting to $135 billion (367 billion riyals). A royal decree, effective on Tuesday, will increase petrol prices by 50%. This will only bring gasoline to 33 cents (0.90 riyals) … Continue reading

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Market Talk – April 9, 2025

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 1,298.55 points or -3.93% to 31,714.03 • Shanghai increased 41.26 points or 1.31% to 3,186.81 [...]
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China is the Auto Capital of the World

China is the world’s largest car producer and exporter. A little-known fact is that China first became the world’s largest car exporter back in 2023, with low-cost EV companies BYD [...]
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Poverty Falls Significantly in Argentina

President Javier Milei saved Argentina from the despair of socialism. Poverty reached a two-decade high between January and June of 2024 at 52.9% when Milei was working diligently to undo [...]
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