New Zealand’s government is pledging to cut spending and return the budget to surplus even as economic growth slows and it faces the extra cost of paying for tax cuts from the middle of next year.

President Javier Milei’s controversial plan to shock Argentina’s economy back into growth has chalked up a significant win. After years of rising debt, the country has now posted four consecutive ...

WITHIN DAYS of Vladimir Putin’s invasion of Ukraine, Russia’s financial system seemed on the verge of collapse. The West imposed a range of financial sanctions, notably on the Russian central bank’s ...

The result of declines in surplus production capacity in both OPEC and non-OPEC countries, global surplus crude oil production capacity in May 2022 was less than half its 2021 average, the US Energy ...