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Domain: Economics: Understanding Economic Systems ×

Current affairs articles

Geopolitics

China sets GDP growth goal at less than 5%! Trump tariffs, domestic troubles weigh

Times of India – World · India

The GDP growth target for 2026 appeared in a draft of the government’s yearly work report. Although the range broadly matches market expectations, it is the fi…

Geopolitics

Russian crude to rescue! Ships carrying Russia’s oil head to India amid supply shock

Times of India – World · India

Ship-tracking data indicates that two Russian crude shipments which were originally bound for East Asia have redirected their course to India. With its energy …

Geopolitics

Takeaways from Chinese Premier Li Qiang’s government work report

South China Morning Post – World · China

Beijing laid out a list of priorities for the economy, innovation and the military for this year at the opening session of the National People’s Congress (NPC)…

Geopolitics

China sets lower growth target as domestic consumption lags

Deutsche Welle (DW) – World · Europe

China set a lower economic growth target for 2026 than it has seen in decades, but Beijing maintained a steady increase of its military budget this year.

Geopolitics

China sets lowest GDP growth target for decades as it braces for economic slowdown

The Guardian – World · Europe

‘High-quality growth’ target of 4.5-5% outlined at Two Sessions as Chinese premier talks of complex situations at home and abroadWhat are China’s Two Sessions …

Geopolitics

China sets lowest economic growth target since 1991

BBC News – World · Europe

It is also the first time the target has been lowered since it was cut to "around 5%" in 2023.

Geopolitics

Rupee back in green: Currency rises 55 paise to 91.54 against US dollar

Times of India – World · India

The Indian rupee rebounded on Thursday, recovering 51 paise to trade at 91.54 against the US dollar after hitting a record low. This recovery follows a signifi…

Geopolitics

China lowers economic growth target to 4.5-5% amid global, domestic uncertainties

The Hindu – World · India

China's economy grew by 5% last year to $20.01 trillion, riding high on the robust exports despite U.S. tariffs, while domestic consumption, its bugbear, remai…

Geopolitics

Hong Kong unveils incentives to attract gold refiners and boost global hub plan

South China Morning Post – World · China

Hong Kong will roll out targeted measures to attract precious metals companies as part of broader efforts to establish itself as a premier global gold trading …

Geopolitics

Millions of Cubans plunged into darkness as fuel crisis deepens

BBC News – World · Europe

Fuel shortages have been exacerbated by a US oil blockade since the seizure of Venezuelan President Nicolás Maduro.

Geopolitics

Tariff may be hiked to 15% this week: Scott Bessent

Times of India – World · India

US Treasury Secretary Scott Bessent indicated President Trump's plan to raise universal tariffs to 15% could happen this week. While a temporary 10% levy is in…

Geopolitics

Middle East tensions: Oil companies may cushion impact of spike - report

Times of India – World · India

Oil marketing companies are absorbing recent crude oil price spikes, creating a buffer against inflation and GDP impacts. Despite a 16.8% rise in Brent crude, …

Geopolitics

War puts India’s oil, gas imports under stress

The Hindu – World · India

Some 200 internationally-trading crude oil and product tankers are stranded in the Persian Gulf following a total stoppage of ship movement across the Strait o…

Geopolitics

Russia may halt gas supplies to Europe amid Iran energy spike, Putin warns

South China Morning Post – World · China

Russia could halt gas supplies to Europe right now amid a spike in energy prices triggered by the Iran crisis, President Vladimir Putin warned on Wednesday, li…

Geopolitics

Trump’s 15% global tariffs likely to start this week, US Treasury chief says

South China Morning Post – World · China

US Treasury Secretary Scott Bessent said that President Donald Trump’s plan to increase a broad 10 per cent tariff rate to 15 per cent is likely to be implemen…

Geopolitics

Energy bills could rise by £160 after Iran conflict pushes gas prices higher

The Guardian – World · Europe

Household costs could reach £1,800 a year from July as UK market hits three-year highMiddle East crisis – live updatesHousehold energy bills could climb by £16…

Geopolitics

European Commission proposes ‘Buy EU’ plan to compete against China

The Guardian – World · Europe

Plan, which aims to preserve jobs in clean tech and low-carbon sectors, could include UK if there is reciprocal market accessThe European Commission has propos…

Geopolitics

China in the crosshairs as EU launches sweeping plans to save its industrial future

South China Morning Post – World · China

The European Union unveiled a sweeping raft of policies on Wednesday aimed at kick-starting its sluggish industry and protecting its critical infrastructure. A…

Geopolitics

Hong Kong tycoons say Middle East outlook remains promising despite conflict

South China Morning Post – World · China

Hong Kong tycoons have expressed confidence in the Middle East’s economic outlook amid continued strikes by the United States and Israel on Iran and Tehran’s r…

Geopolitics

Germany: Fuel prices spike amid Iran conflict

Deutsche Welle (DW) – World · Europe

Prices at the pumps for petroleum and diesel have risen by around one-fifth in a matter of days in Germany. Oil production and shipments have been severely dis…

Geopolitics

From petrol to groceries: how Middle East crisis is driving up prices

The Guardian – World · Europe

Global supply chains are disrupted and prices are rising across sectors amid warnings worse is to come if conflict persistsMiddle East crisis live – latest upd…

Geopolitics

Mideast oil crisis revives stagflation spectre, haunting China’s deflation battle

South China Morning Post – World · China

Rising energy costs driven by Middle Eastern geopolitical tensions may provide some relief to China’s years-long struggle with weak prices, but analysts warn t…

Geopolitics

More Hongkongers leave money in MPF pension plan to capitalise on market rally

South China Morning Post – World · China

Fewer Hongkongers withdrew funds from the city’s mandatory pension plan in the fourth quarter of last year, as a stock market rally prompted more members to le…

Geopolitics

China vows to boost economy, adhere to principles ahead of ‘two sessions’ and Trump visit

South China Morning Post – World · China

China has vowed to boost economic resilience and not compromise on core principles in dealing with the US, as Beijing prepares to commence a major political ev…

Geopolitics

Workers at top 20 US low-wage firms rely on public assistance, report says

The Guardian – World · Europe

Study finds workers at 20 S&P 500 firms rely on Medicaid and Snap as CEO pay and buybacks soarMany workers at some of the largest US corporations have no c…

Geopolitics

European stock markets rally after report of ‘secret outreach’ by Iran to try to end war

The Guardian – World · Europe

UK’s FTSE 100 up by more than 50 points, while pan-European Stoxx 600 share index rises 1.2%Business live – latest updatesEuropean stock markets have rallied o…

General

Iran strikes risk more voter frustration on the economy with rising gas prices

NBC News – World · US

Barely a week after President Donald Trump hailed falling gas prices as one of his economic triumphs, his actions are sending the cost per gallon back up

Geopolitics

Cuba’s Tourism Industry Is Collapsing as U.S. Moves Deter Travel

The New York Times – World · US

The Trump administration’s decision to cut off foreign oil to the island is devastating its tourism industry, a key source of income for a government being pus…

Geopolitics

Decoding Iran’s energy sector: Surviving without thriving under sanctions regime

The Hindu – World · India

- Iran faces U.S. sanctions impacting oil exports, SWIFT access, and economic stability, despite its "Maximum Resistance" strategy to counter "Maximum Pressure…

Geopolitics

China’s sovereign debt is becoming a strategic alternative to US Treasuries: economist

South China Morning Post – World · China

China’s sovereign debt is emerging as a strategic alternative to US Treasuries as global investors look for geopolitical hedges, though greater market liquidit…

Geopolitics

10% rise in costs expected as shipping firms halt Middle East bookings, add risk charges

South China Morning Post – World · China

The conflict in Iran could raise cargo transport costs from Asia to Europe by at least 10 per cent, according to Hong Kong sector representatives, as major shi…

Geopolitics

Hong Kong’s retail sales rise 5.5% in January as tourists loosen purse strings

South China Morning Post – World · China

Hong Kong’s retail sales rose 5.5 per cent year on year in January, with authorities crediting inbound tourism for supporting the sector. Provisional figures r…

Geopolitics

China set to release new five-year plan at National People’s Congress

Al Jazeera – News · Middle East

Beijing is expected to set a growth target of 4.5 to 5 percent cent for 2026 at this week's NPC.

Geopolitics

Gold price prediction: What's the outlook for gold, silver amid Middle East tensions?

Times of India – World · India

Gold price prediction today: Gold prices may face resistance at Rs 1,63,275, says Maneesh Sharma, AVP - Commodities & Currencies, Anand Rathi Shares and St…

Geopolitics

From record highs to 13% fall: How Middle East crisis hit South Korean benchmark Kospi

Times of India – World · India

South Korea's Kospi index experienced a dramatic 12% tumble, triggering a trading suspension after a significant sell-off led by market heavyweights. This shar…

Geopolitics

Iran war disrupts global ocean freight and air cargo supply chains beyond oil

The Hindu – World · India

Cargo ships are stuck in the Gulf or making a much longer detour around the southern tip of Africa

Geopolitics

Middle East conflict offers economic lifeline to Russia’s flagging war machine

The Guardian – World · Europe

With much of the world’s oil supplies out of action, Russia could step in to meet demand in China and IndiaA prolonged energy crisis triggered by the widening …

Geopolitics

Airline ticket prices soar on Asia-Europe routes after Gulf airport closures

The Hindu – World · India

Australia's Flight Centre Travel Group has experienced a 75% increase in calls to its stores and emergency assistance lines since the crisis ‌began, with teams…

Geopolitics

Middle East on boil: Will US oil firms benefit from the heat?

Times of India – World · India

Energy markets are reacting to Middle East conflict. US oil companies could see higher profits as prices climb. However, new investment in oil and gas producti…

Geopolitics

Rupee hit by Middle East crisis: Currency falls to new low of 92.15 against US Dollar

Times of India – World · India

Rupee hit a record low of 92.15 against the US dollar, plummeting 66 paise amid escalating Middle East tensions and rising oil prices. Analysts predict continu…

Geopolitics

Investors watch China’s ‘two sessions’ for clues on property overhaul

South China Morning Post – World · China

Ahead of China’s annual legislative meetings – typically a window into Beijing’s top-level policy agenda – this is the seventh entry in a series examining the …

Geopolitics

Hong Kong inflation risks grow as war in Middle East escalates, experts warn

South China Morning Post – World · China

Hongkongers may begin to feel the impact of the escalating war in the Middle East in the coming months, as rising global oil prices are expected to push up ene…

Geopolitics

Australia’s best-paid jobs are twice as likely to go to men as to women

South China Morning Post – World · China

Men are almost twice as likely as women to be employed in the best-paid jobs in Australia, according to the country’s latest government gender gap report. Male…

Geopolitics

China and US to hold high-level trade talks in Paris before Trump’s Beijing visit

South China Morning Post – World · China

China and the United States will hold a new round of high-level trade talks in Paris at the end of next week, according to sources from both sides, as preparat…

Geopolitics

Oil on Fire: War impacts global energy markets

Al Jazeera – News · Middle East

Attacks on energy facilities, along with Iran blockading the Strait of Hormuz, are raising global oil and gas prices.

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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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