Spain
Spain plans to reduce its budget deficit to 2.1% of GDP in 2026, signalling a shift toward fiscal consolidation as growth strengthens. The strategy aims to balance investment needs with debt sustainability while positioning Spain as a stable EU performer.
Italy
Italian lawmakers have revived a long-running debate over the central bank’s $300 billion gold reserves, raising political and legal tensions over ownership, governance, and potential fiscal use of the bullion stockpile.
Italy
Italy is considering extending 5G telecom licences at reduced costs, tying discounts to new investment commitments. The move aims to accelerate network upgrades, expand rural coverage, and strengthen the country’s digital competitiveness.
Italian lawmakers have revived a long-running debate over the central bank’s $300 billion gold reserves, raising political and legal tensions over ownership, governance, and potential fiscal use of the bullion stockpile.
A French court rejected claims that Perrier’s “natural mineral water” label was misleading, ruling that the brand met regulatory standards. The decision ends a closely watched case amid rising scrutiny of bottled-water marketing.
Franklin Templeton warns that Britain may repeat tax increases next year as fiscal pressures intensify. Weak growth, persistent inflation, and spending demands are limiting the government’s room to manoeuvre ahead of its upcoming budget cycle.
South Korea has joined the UAE’s “Stargate” AI data-centre initiative, expanding its overseas tech footprint and strengthening its role in global compute infrastructure. The partnership links energy, data and geopolitics across Asia and the Gulf.
The European Commission expects Turkey’s economy to expand steadily despite restrictive monetary policy. Growth is projected at 3.4% for 2025 and 2026, supported by resilient domestic demand and gradual inflation stabilisation.
Visa opens its Pacific Islands Regional Office in Suva, positioning Fiji as a growing digital-payments hub. The move supports financial inclusion, boosts merchant acceptance, strengthens tourism payments, and accelerates digital transformation across Pacific economies.
A French court rejected claims that Perrier’s “natural mineral water” label was misleading, ruling that the brand met regulatory standards. The decision ends a closely watched case amid rising scrutiny of bottled-water marketing.
France is on track for its first food-trade deficit in nearly five decades. Rising import costs, weaker export momentum, and shifting global demand are reshaping the competitiveness of Europe’s historic agricultural powerhouse.
Franklin Templeton warns that Britain may repeat tax increases next year as fiscal pressures intensify. Weak growth, persistent inflation, and spending demands are limiting the government’s room to manoeuvre ahead of its upcoming budget cycle.
The UK rolled out new counter-interference measures aimed at protecting lawmakers, businesses, and universities from growing Chinese influence risks. The strategy reflects rising geopolitical pressure, digital espionage concerns, and the vulnerability of critical national institutions.
Germany’s finance minister warned in Beijing that the EU is prepared to protect its market from unfair competition. The message reflects Europe’s growing concern over Chinese overcapacity, industrial subsidies, and widening trade imbalances.
Germany secured EU approval for a €2 billion subsidy package to accelerate the coal phase-out. The support aims to smooth labour transitions, stabilize energy supply, and help lignite-dependent regions navigate the structural shift toward cleaner power.
The IMF describes Indonesia as a rare bright spot in the global economy, citing solid growth, fiscal discipline, and resilient domestic demand. Inflation is contained, and investment pipelines continue to strengthen.
South Korea has joined the UAE’s “Stargate” AI data-centre initiative, expanding its overseas tech footprint and strengthening its role in global compute infrastructure. The partnership links energy, data and geopolitics across Asia and the Gulf.
The European Commission expects Turkey’s economy to expand steadily despite restrictive monetary policy. Growth is projected at 3.4% for 2025 and 2026, supported by resilient domestic demand and gradual inflation stabilisation.
Saudi Arabia and the United States are finalizing major deals spanning defence, nuclear energy and AI infrastructure, signalling a renewed phase of economic alignment. The agreements underscore Riyadh’s diversification push under Vision 2030.
Global liquor companies are demanding USD 337 million in overdue payments from Telangana, warning supply disruptions. The standoff reflects India’s regulated liquor market, state-level fiscal strains, and rising risks for global beverage firms.
Infosys’ ₹18,000-crore share buyback opens on 20 November, signalling a confidence-driven capital-allocation move as India’s IT sector recalibrates against weaker global tech spending. The company aims to boost shareholder returns while managing softer margins.
