Global Economy News
Latest news and updates on Global Economy from AXL Media.
Latest Articles
- High Ambition Coalition Demands Binding Legal Treaty to Ensure Globally Equitable Fossil Fuel Phase Out
Published: May 1, 2026
Section: Global Economy
A coalition of 53 nations gathered in Santa Marta, Colombia, has called for a new international legal instrument to mandate a fair transition away from coal, oil, and gas. Followin...
- Ukrnafta Contributes UAH 8.9 Billion to Ukraine State Budget as Q1 2026 Tax Payments Surge Following Transformation
Published: May 1, 2026
Section: Global Economy
JSC Ukrnafta, Ukraine’s largest oil producer, has paid UAH 8.9 billion in taxes and duties during the first quarter of 2026. Since transitioning to state control in 2022, the compa...
- Global Food Systems Face Catastrophic Collapse as Biodiversity Loss Threatens Financial Stability
Published: May 1, 2026
Section: Research
A joint report from Anglia Ruskin University and the Institute and Faculty of Actuaries warns that nature loss is creating systemic risks for global food security. Chronic ecologic...
- Temporary Price Dip Offers Short-Term Relief for New Zealand Motorists Amid Global Volatility
Published: Apr 30, 2026
Section: Global Economy
Motorists in select New Zealand regions have seen a rare reprieve this week as petrol prices dipped below the $3 mark. However, economic analysts and energy experts warn that this...
- Electricity Authority Te Mana Hiko Demands Justification for Significant Power Price Hikes
Published: Apr 29, 2026
Section: Global Economy
New Zealand's electricity regulator, Te Mana Hiko (the Electricity Authority), has officially contacted major power retailers seeking detailed explanations for recent price increas...
- Hokitika Swimming Pool Closes for Up to Six Months Following 183% Surge in Heating Costs
Published: Apr 29, 2026
Section: Global Economy
The Westland District Council has announced the temporary closure of the Hokitika swimming pool, effective immediately, as the cost of diesel heating becomes unsustainable for the...
- New Zealand Debt Crisis Ignites New Debate Over Strategic State Asset Sales and Recycling
Published: Apr 29, 2026
Section: Global Economy
As New Zealand’s net core Crown debt is projected to reach $230 billion by 2028, policymakers and economists are re-examining the sale of state-owned enterprises. Potential candida...
- New Economic Analysis Reveals Delaying Infant Hepatitis B Vaccinations Triggers Substantial Health Costs and Infection Spikes
Published: Apr 28, 2026
Section: Global Economy
An economic evaluation published in JAMA Pediatrics found that even minor delays in the hepatitis B vaccination schedule lead to significant increases in viral infections and medic...
- Michigan Medicaid Expansion Linked to 75% Drop in Medical Debt and Improved Credit Scores
Published: Apr 28, 2026
Section: Global Economy
A University of Michigan study of 575,283 enrollees found that the Healthy Michigan Plan significantly improved long-term financial stability by reducing medical debt in collection...
- Russian Deputy PM Alexander Novak Predicts Months of Global Oil Market Volatility Even After Potential Reopening of Strait of Hormuz
Published: Apr 27, 2026
Section: Iran War
Russian Deputy Prime Minister Alexander Novak has warned that the global energy market will face a protracted recovery period of several months following the naval blockade in the...
- Israel Energy Ministry Unveils Strategic Plan to Slash Household Gas Bills by Removing Supplier Barriers
Published: Apr 27, 2026
Section: Israel
The Israeli Ministry of Energy and Infrastructure has announced a comprehensive regulatory reform aimed at lowering residential gas costs by fostering market competition and transp...
- Billionaire Nassef Sawiris Dissolves London Investment Office as UK Tax Exodus Accelerates
Published: Apr 26, 2026
Section: Europe
Egyptian billionaire Nassef Sawiris is closing the London branch of his NNS Group this month, marking the end of a year-long exit from the United Kingdom. The move follows a signif...