Global Markets Tumble in Risk-Off Mode: Tech Selloff Spreads from Wall Street to Asia and Europe
Global equity markets delivered a synchronized selloff over the past 24 hours as profit-taking in megacap technology names.
Trump's $2,000 Tariff Dividend Payments Remain a Priority, Says White House
Trump still prioritizes $2,000 tariff dividend checks for Americans, but details and feasibility remain unclear, White House says.
Reasons for Economic Slowdown: The Jobs Crisis and Stagnating Wages in Britain
UK jobless rate hits 5%, real wage growth stalls at 0.7%. AI, rising costs, and weak demand drive layoffs; recovery hinges on rate cuts.
Trump vows $2,000 'tariff dividend’ for all Americans except high income earners
Trump promises a $2,000 'tariff dividend' for Americans, excluding high-income earners.
Canada Saudi Arabia Economic Partnership, Launch of FIPA Negotiations Amid U.S. Trade Tensions
Canada, Saudi Arabia begin FIPA talks to boost trade, hedge U.S. tariff risks; aims for $2-3B new flows by 2027 amid global uncertainty.
Canada Jobs Report: Surprise October Surge, 67,000 Jobs Added, Unemployment Dips to 6.9%
Canada added 67,000 jobs in October, dropping unemployment to 6.9%. Gains led by services; outlook cautious amid inflation and trade risks.
Egypt's Foreign Reserves Exceed $50 Billion for the First Time in Five Years
Egypt's foreign reserves hit $50B in Oct 2025, boosted by major Gulf investments from Qatar, UAE, and Saudi Arabia, signaling economic recovery.
Cancellation or Delay of Thousands of Flights in the U.S. Due to Government Shutdown
Over 5,000 US flights were delayed/canceled due to a government shutdown, with FAA ordering flight reductions at major airports.
Federal Reserve Finalizes Supervisory Framework for Large Banks, Global and Middle East Implications
Fed updates large bank supervision, aligning with global standards; impacts US, global, and Gulf banks. New rules start in 60 days.
U.S. Government Shutdown Forces Authorities to Cut Flights by 10% at 40 Major Airports
US cuts flights by 10% at 40 major airports due to shutdown, affecting up to 4,000 daily flights and causing major travel disruptions.
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