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Current Affairs

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Domain: Economics: Understanding Economic Systems ×

Current affairs articles

Geopolitics

South Korea’s foreigner-only casinos hit jackpot as Chinese tourists return

South China Morning Post – World · China

South Korea’s foreigner-only casinos are gaining renewed momentum this year, triggered by a steady recovery in inbound tourism and expectations of a surge in C…

Geopolitics

At World Cup Ticket Prices, Even Messi Can’t Fill a Stadium

The New York Times – World · US

The Argentine team and its superstar, Lionel Messi, have been among the biggest draws at the World Cup, but that was not enough to prevent vacant seats at its …

Geopolitics

Hong Kong developers ready new home launches amid forecasts of muted price increases

South China Morning Post – World · China

Some of Hong Kong’s largest developers, including Sun Hung Kai Properties (SHKP) and Wheelock Properties, are set to release new units in residential projects …

Geopolitics

Germany's Ruhr Valley is on brink of financial collapse

Deutsche Welle (DW) – World · Europe

With tax revenues down and social spending up, more and more cities and towns in the Ruhrgebiet are struggling to make ends meet. One city that is particularly…

Geopolitics

Paw-sper economy: From kibble to birthday cakes - India's pets are living large

Times of India – World · India

- Calculate monthly loan installments and SIP returns for investment planning. - Determine PPF/FD maturity amounts and interest earned on fixed deposits. -…

Geopolitics

Fifa World Cup: Hong Kong pubs, restaurants enjoy net gains from big matches

South China Morning Post – World · China

Many bars, restaurants and shopping centres in Hong Kong have enjoyed brisk business thanks to the World Cup, with top nightlife district Lan Kwai Fong recordi…

Geopolitics

In China’s electronics hub, a memory chip crisis is hitting consumers hard

South China Morning Post – World · China

For Cai, a trader in Shenzhen’s vast Huaqiangbei electronics hub, the business of assembling computers for gamers and corporate clients has suddenly become dra…

Geopolitics

The unfulfilled solar promise of India and Germany

The Hindu – World · India

Three years after both countries signed a landmark agreement to facilitate the migration of Indian solar technicians to Germany, not a single such technician h…

Entrepreneurship

The World Cup Is Triggering a Massive Economic Boom. Here’s Why Some Major Business Hubs Are Missing Out

Inc. · Global

Two major economic powerhouses have not been participating in the FIFA groundswell.

Geopolitics

Coal is back in AustralianSuper’s portfolio. What happened to that net zero pledge?

The Guardian – World · Europe

In 2020 Australia’s biggest super fund dumped its Whitehaven shares. Fast forward to 2026 and it is now the coalminer’s single biggest investorFollow our Austr…

Geopolitics

‘Overcapacity’ talk reflects a West irked by China’s industrial rise

South China Morning Post – World · China

There is something odd about the debate on China’s “overcapacity”. Europe says the world needs cheaper and faster clean energy deployment, yet complains when C…

Geopolitics

Blaming China won’t bring jobs back to ‘post-industrial’ economies

South China Morning Post – World · China

Almost anywhere you look these days, you can find claims from political, academic and other various sources that China’s supposed overproduction and exports of…

Geopolitics

Burnham’s funding gap: what state are UK finances in for the PM-in-waiting?

The Guardian – World · Europe

Given pressures on the public purse, the Makerfield MP may have to look at autumn tax rises to fund his ‘new direction’An economy rattled by a global energy s…

Geopolitics

State of emergency: Bolivia’s currency plummets as anger simmers

Al Jazeera – News · Middle East

Bolivia’s President Paz declared a state of emergency after 50 days of protests against his policies.

Geopolitics

Why Pakistan has created a petroleum price stabilisation fund

Indian Express – World · India

Here are four clear bullet points summarizing the article: • Pakistan has created a Petroleum Prices Stabilisation Fund to cushion consumers from fuel price f…

Geopolitics

What to know about the looming deadline on North American free trade

BBC News – World · Europe

The US, Canada and Mexico were to reach an agreement on whether to extend their free trade pact by 1 July. All signs point to them blowing past that deadline.

Geopolitics

Iran survived 3 months of war. Can it survive the aftermath?

South China Morning Post – World · China

Three months of war with the United States and Israel may not have broken Iran’s resistance, but its economy has been brought to its knees. Forty days of Ameri…

Geopolitics

Just how much trouble is Canada's economy in?

BBC News – World · Europe

Five charts help illustrate the state of Canada's economy - and how it's performing compared to other wealthy nations.

Geopolitics

California’s proposed billionaire tax: what you need to know

The Guardian – World · Europe

Plan to levy 5% tax on California billionaires championed by progressives – but state’s super rich are forcefully opposedFull story: California billionaire tax…

Geopolitics

What fuels global trade imbalances: China’s overcapacity or America’s failure to adapt?

South China Morning Post – World · China

China’s industrial overcapacity should not be singled out for blame amid trade imbalances, as economies worldwide are struggling to adapt to shifts in the glob…

Geopolitics

US Senate passes bipartisan bill to lower housing costs

The Guardian – World · Europe

21st Century Road to Housing Act, which aims to boost supply and stop investors buying up homes, heads to HouseSign up for the Breaking News US email to get ne…

Geopolitics

How inflation undermines Nigeria's sugar tax

Deutsche Welle (DW) – World · Europe

Nigeria's sugary drinks tax was meant to stop rising diabetes rates, but soaring inflation has eroded its impact. Experts say the levy is too small to change b…

Geopolitics

Alan Greenspan, longtime head of the US federal reserve, dies aged 100 – reports

The Guardian – World · Europe

Greenspan served under the presidencies of Ronald Reagan, George HW Bush, Bill Clinton and George W BushAlan Greenspan, the influential economist who ​steered …

Geopolitics

Thames Water nationalisation moves closer as government ‘objects to rescue deal’

The Guardian – World · Europe

Environment secretary reportedly raises concerns that customers would face ‘undue burden’ from £10bn planThames Water should be nationalised, says BurnhamBusin…

Geopolitics

The Iran War Permanently Altered the Global Economy

The New York Times – World · US

The global order has been altered, and economies are unlikely to simply pick up where they left off before the U.S. and Israel began bombing Iran.

Geopolitics

EU carbon tariff sows havoc in China as steel firms grapple with ‘absurd’ rules

South China Morning Post – World · China

As trade tensions between Beijing and Brussels continue to rise, China’s firms in the European Union have been forced to walk a delicate tightrope: expanding t…

Geopolitics

Writing’s on the wall for the bond market – for those who can read it

South China Morning Post – World · China

There is a good deal more to the rapid rise in bond yields around the world, not least in Asia, than meets the eye. It suggests a recognition by financial mark…

Geopolitics

Chasing billions: Indonesia’s commodity export crackdown sows confusion

South China Morning Post – World · China

Indonesia lost nearly US$1 trillion in resource wealth over a 34-year period due to deceptive trade practices, President Prabowo Subianto declared in parliamen…

Geopolitics

Oil prices fall amid mixed signals on US-Iran peace deal

Al Jazeera – News · Middle East

Japan's stock market surges to record high on hopes of an end to US-Israel war on Iran.

Geopolitics

With oil markets nearing the danger zone, a US-Iran deal can’t come soon enough | Heather Stewart

The Guardian – World · Europe

Global prices are approaching a tipping point that could trigger inflation, shortages and, over time, recessionIf a US-Iran deal is about to be reached, three …

Geopolitics

Australian government plans for ‘worst-case scenario’ retail fuel rationing, documents reveal

The Guardian – World · Europe

Exclusive: With warnings world oil supplies are expected to hit ‘red zone’ by August, the Albanese government has considered its powers to enforce daily purcha…

Geopolitics

China’s Housing Slump Shows Signs of Bottoming Out. We’ve Been Here Before.

The New York Times – World · US

Property prices in Shanghai, in particular, are rebounding, but the national market still faces an enormous overhang — 90 million empty or unfinished apartment…

Geopolitics

Chinese investment in Europe surges to 7-year high despite rising trade tensions

South China Morning Post – World · China

Chinese investment in Europe hit a seven-year high of €16.8 billion (US$19.5 billion) in 2025, driven by a strong rebound in mergers and acquisitions (M&A)…

Geopolitics

Inflation Fears Cloud G7 Economic Agenda as Iran War Persists

The New York Times – World · US

The United States and Europe were at odds over the Trump administration’s decision to ease oil sanctions on Russia.

Geopolitics

Rupee falls to record low of 96.90 against U.S. dollar in early trade

The Hindu – World · India

At the interbank foreign exchange market, the Rupee opened at 96.89 against the U.S. dollar, then slipped further to 96.90, registering a fall of 20 paise from…

Geopolitics

US charges 7 Chinese executives and 4 shipping firms linked to container cartel

South China Morning Post – World · China

⁠The ⁠US has ⁠charged seven Chinese executives and four of the world’s largest shipping container companies with conspiring to restrict supply, raising the pri…

Geopolitics

No feelgood factor for Reeves as Iran war snuffs out economic upturn

The Guardian – World · Europe

Rise in unemployment and weak pay growth underline how tough this year will be for UK householdsUK unemployment unexpectedly rises to 5%Business live – latest …

Geopolitics

Which Countries Are Profiting From the Iran War Oil Shock

The New York Times – World · US

An analysis of oil export data offers clues about which nations have benefited from higher prices, and which have lost a lot of revenue.

Tech & Startups

Trump’s Federal Gas Tax Holiday Isn't Likely to Bring Down Prices

Wired · Global

Reducing the fee will have only a marginal impact on prices while depriving the government of revenue to maintain roads.

Geopolitics

China restores US beef trade amid Trump-Xi summit, alarming Brazilian exporters

South China Morning Post – World · China

Brazil’s government expressed concern over China’s renewal of US beef import licences, warning the move could reshape competition in the country’s largest meat…

Geopolitics

Why the Bombing of Iran Tied the U.S. More Closely to China

The New York Times – World · US

As the U.S. tries to rebuild its weapons stockpiles drained in the Iran war, it will need access to rare-earth minerals, an industry China dominates.

Geopolitics

US consumer inflation jumps as Iran war sends energy prices higher

South China Morning Post – World · China

US consumer prices climbed sharply again last month as the 10-week war with Iran pushed energy prices higher. The Labor Department’s consumer price index rose …

Geopolitics

Syria restores credit card payments in effort to rejoin the global economy

Al Jazeera – News · Middle East

Syria restores credit card payments in effort to rejoin the global economy.

Geopolitics

How Japan’s new economic model could inspire others to ‘look east’

South China Morning Post – World · China

In the 1980s, then Malaysian prime minister Mahathir Mohamad launched his “Look East” policy, urging his country and others in Southeast Asia to emulate the st…

Geopolitics

South Korea draws Gulf oil storage interest as Hormuz stays closed

South China Morning Post – World · China

South Korea is drawing growing interest from Middle Eastern oil producers seeking to store crude oil at the country’s petroleum reserve bases, the world’s sixt…

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At Shalyam, our Current Affairs section curates headlines and brief excerpts from publicly available RSS feeds of reputed publications. Each item links back to the original source for full reading, ensuring that the rights of the respective publishers are respected under the Indian Copyright Act, 1957.

We do not reproduce full articles; instead, we provide short snippets for reference along with our own commentary, insights, and fact-based analysis. All copyrights remain with the original publishers, and proper attribution is maintained for every article displayed.

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