Geopolitics
Iran’s grip on trade is a potent weapon, but it has an expiry date
Al Jazeera – News · Middle East
Iran can exploit dependence on Hormuz today, but prolonged disruption will erode that leverage
Current Affairs
Latest insights & stories from around the world
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Domain: Economics: Understanding Economic Systems
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Current affairs articles
Startups
India saved handloom. Now it must save weaving as a livelihood
Your Story · India
India makes 95% of the world’s handloom, yet its weavers work barely 200 days a year and exports are just ₹1,359 crore. Making weaving a viable livelihood mean…
Geopolitics
Myanmar touts economic potential but is it pie in the sky with it still at war?
South China Morning Post – World · China
Rina left Myanmar shortly after the 2021 coup as military violence escalated against pro-democracy protesters like herself and the economy of her country, once…
Geopolitics
Germany news: Exports and factory data lift economic outlook
Deutsche Welle (DW) – World · Europe
German exports hit a record high in June, while industrial production rose for a third month in a row. Meanwhile, more than 1,000 pigs have died in a fire at a…
Geopolitics
Hong Kong’s US dollar peg faces fresh calls for review – but is change feasible?
South China Morning Post – World · China
The Hong Kong dollar’s four-decade-old peg to the US dollar is facing fresh calls for review, after a local financial industry body urged greater use of the yu…
Geopolitics
Gold price prediction: Buy on dips the right strategy for gold right now?
Times of India – World · India
MCX Gold October futures continue to trade with a positive bias as prices remain well supported above key moving averages despite witnessing intermittent profi…
Geopolitics
Hong Kong tourism sector urges action with visitor spending 44% below 2018 level
South China Morning Post – World · China
Hong Kong’s tourism industry has called for more experiential events, enhanced transport measures and closer cross-border cooperation to draw overnight visitor…
Geopolitics
Hong Kong preferred base as Chinese SOEs consolidate overseas accounts in treasury hubs
South China Morning Post – World · China
China’s central state-owned enterprises (SOEs) are consolidating scattered overseas accounts into unified treasury hubs, with Hong Kong emerging as the preferr…
Geopolitics
Next great harbour? China’s Greater Bay Area has tools to be a yacht hub: industry veteran
South China Morning Post – World · China
From wealth and waterways to manufacturing, the Greater Bay Area possesses the essential ingredients to become an international yacht hub, with the integrated …
Geopolitics
Trump imposes 15% tariff on key chip material to counter China
BBC News – World · Europe
The move aims to protect US firms as they face increasing competition from China's chip industry.
Geopolitics
Gold’s price potential still ‘explosive’ amid Beijing hoarding, Hong Kong trading push
South China Morning Post – World · China
Gold prices have “explosive” upside potential, according to analysts, boding well for Hong Kong’s ambitions as a trading hub as Asian central banks continue to…
Geopolitics
US sets 15% polysilicon tariff, price floors to challenge China’s dominance
South China Morning Post – World · China
The United States has announced new tariffs and price floors on polysilicon and related products, targeting China’s dominance in key materials used in solar pa…
Geopolitics
Argentina renews US$19 billion China currency swap, brushing off Washington’s pressure
South China Morning Post – World · China
Argentina has renewed its currency swap with China for five years, preserving a US$19 billion lifeline that Washington spent more than a year pressing it to gi…
Geopolitics
China buys at least 10 more cargoes of US soybeans, traders say
South China Morning Post – World · China
China has bought at least another 10 cargoes of US soybeans, three Asian traders said on Thursday, the latest in a flurry of purchases ahead of President Xi…
Geopolitics
‘There is no money’: Is Iraq entering a phase of lean years?
Al Jazeera – News · Middle East
Iraqi government needs approximately $8.24bn a month to pay state salaries and cover basic obligations.
Startups
Large firms to be net job losers, small businesses to drive employment: Nandan Nilekani
Your Story · India
Nilekani argued that the future of the Indian economy lies in its "millions of small businesses”, which are more resilient to the disruptions caused by AI.
Geopolitics
‘Mamma mia!’: Trump tariffs refund ignites 53% profit spike at Nintendo
The Guardian – World · Europe
Profit jump fuelled largely by unknown US refund amount as Japanese video game firm records quarterly sales dropNintendo has reported a jump in profits, as the…
Geopolitics
Taxation bill clears Lok Sabha, allows provision for MDR on UPI transactions
Times of India – World · India
Under the proposed changes, the Central government would be empowered to specify, through a notification, the electronic payment modes or transactions that mus…
Geopolitics
Why is Russia selling its gold?
Deutsche Welle (DW) – World · Europe
Russia has become one of the world's biggest sellers of gold over the past 12 months. It's an attempt to raise cash in the face of budget issues, but not neces…
Geopolitics
100% tariffs: Why India may ignore Trump threat and continue buying Russian oil
Times of India – World · India
A year since the whole penal tariff cycle began - India now faces uncertainty related to its Russian crude purchases. A new Russia related sanctions bill in th…
Geopolitics
China needs a stronger yuan and ‘fiscal boost’ to drive near-term growth: Goldman Sachs
South China Morning Post – World · China
China should let its currency appreciate gradually to safeguard against foreign protectionist moves and boost spending to support domestic demand to meet its e…
Startups
Andhra, Chhattisgarh, Bihar are outsmarting richer states on investments (without outspending)
Your Story · India
A licence, a statute and a purchase contract: how three challenger states are gaining ground without simply writing bigger subsidy cheques.
Geopolitics
China’s retaliation against US shows depth of its trade war strategy, analysts say
South China Morning Post – World · China
China’s latest export controls and sanctions against American companies in response to recent US measures underscore Beijing’s expanding economic toolkit and i…
Geopolitics
Chinese optical-module stocks rebound as analysts downplay ‘mild’ AI curbs proposed by US
South China Morning Post – World · China
Shares of China’s leading optical-module makers clawed back early losses on Wednesday after analysts downplayed the impact of proposed US restrictions that cou…
Geopolitics
Copper floods US as traders try to get the jump on Trump tariffs, but ‘Taco’ trend looms
South China Morning Post – World · China
Spurred by US President Donald Trump’s proposed new tariffs on cathode imports, copper shipments from across the globe are flooding into the United States. But…
Geopolitics
Nearly half of India's workforce wants a new job. Here's why
Times of India – World · India
Google leads India's most attractive employer brands, with Tata Group and Amazon following closely. Nearly half of India's workforce plans job changes within …
Geopolitics
US-Japan trade thaw driven by shared yen for stronger currency
South China Morning Post – World · China
A rare joint intervention to stabilise the yen has given US-Japan relations a near-term lift, according to analysts. But whether that goodwill endures depends …
Geopolitics
'Consumers paying more': Congress alleges E20 is benefitting ethanol producers
Times of India – World · India
- Congress accuses E20 petrol of raising fuel costs for consumers. - Government claims E20 reduces fuel prices, but Congress disputes this. - Ethanol produ…
Startups
Govt notifies norms to facilitate ecommerce firms undertaking inventory-based online exports
Your Story · India
Notifying norms for the implementation of this decision, DGFT said an ecommerce company, with foreign investment, will have to register as an 'exporter-on-reco…
Geopolitics
Malaysia risks hurting EV push with ‘poorly timed’ levy as foreign investment stalls
South China Morning Post – World · China
Malaysia is considering a levy on electric vehicles (EVs) to fund charging infrastructure, even as export and pricing conditions on high-volume foreign assembl…
Geopolitics
‘Someone has to pay’: RBI governor on MDR proposal for UPI transactions above Rs 2k
Times of India – World · India
According to official estimates, the Rs 2,000 threshold would cover only around 5% of all UPI transactions, although these account for nearly 65% of the total …
Geopolitics
Why the Trump administration is helping support Japan’s weakening yen
Al Jazeera – News · Middle East
Washington and Tokyo's rare coordinated intervention aims to avoid spillover to global financial system.
Geopolitics
Return of goods to markets in Gaza doesn’t mean people can afford them
Al Jazeera – News · Middle East
Displaced Palestinians in Gaza struggle daily to afford food, with soaring prices and limited income opportunities.
Geopolitics
Amid AI tumult, more Chinese investors seek haven in undervalued Hang Seng Index
South China Morning Post – World · China
Mainland Chinese investors bought more Hong Kong stocks than they sold for a second consecutive month in July, rotating into the undervalued market to take she…
Geopolitics
Trump says Iran will be 'hit very hard' if Hormuz Strait not open soon as oil prices fall
BBC News – World · Europe
US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent both announced talks had progressed to allow shipments to resume.
Geopolitics
US stock market hits record high amid hopes for Strait of Hormuz reopening
Al Jazeera – News · Middle East
Oil prices fall as US officials tout progress in talks to reopen critical waterway.
Geopolitics
China’s economic shift may hinge on what migrant workers do next
South China Morning Post – World · China
China’s Politburo has just set the country’s economic priorities for the second half of the year. The meeting took place against the backdrop of gross domestic…
Geopolitics
Are Indonesia’s Prabowo and ultra rich ‘9 Dragons’ on a collision course?
South China Morning Post – World · China
Indonesian President Prabowo Subianto’s push to reorganise Southeast Asia’s largest economy around a stronger, more interventionist state has put him increasin…
Geopolitics
China’s sovereign bond sale in Hong Kong draws global interest, raising over US$2 billion
South China Morning Post – World · China
China’s Ministry of Finance has successfully raised 15 billion yuan (US$2.22 billion) through a sovereign bond auction in Hong Kong, tapping international capi…
Geopolitics
Will Nifty & Sensex continue to diverge?
Times of India – World · India
As per SEBI guidelines, a new Closing Auction Session has been introduced for eligible stocks, where continuous trading will halt at 3:15 PM instead of 3:30 PM…
Geopolitics
Why Israel’s economy hasn’t collapsed during a multi-front war
Al Jazeera – News · Middle East
How has Israel’s economy defied the effects of war?
Geopolitics
Calls for UK bank tax to fund cost of living help as HSBC profits hit £7.5bn
The Guardian – World · Europe
Levy could raise £19bn to help pay for Andy Burnham’s support for those struggling with bills, say campaignersBusiness live – latest updatesCampaigners have re…
Geopolitics
From sugar subsidies to PLI schemes, here's what New Delhi is defending at WTO
Times of India – World · India
India currently defends nine trade disputes at the World Trade Organization. The government has spent approximately Rs 2.43 crore on legal services for these …
Startups
Why India pays highway builders even when roads stay empty
Your Story · India
India’s HAM protects highway developers from traffic risk, but land acquisition and funding delays continue to threaten projects.
Geopolitics
Centre moves Taxation and Other Laws (Amendment) Bill, proposes major reforms
Times of India – World · India
The government has unveiled a progressive bill introducing substantial tax reforms and incentives designed to stimulate investment and enhance the electronics …
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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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