Counting the Cost

Russia plans to raise tax to fund its defence budget as oil revenues decline.

PM Benjamin Netanyahu admits Israel’s growing isolation and urges Israelis to brace for a self-sufficient economy.

US Federal Reserve reduces interest rates and signals more cuts ahead as the labour market slows.

Syria’s Deir Az Zor is rich in oil. But the eastern province has been devastated by years of civil war.

Donald Trump pledges more deals like Intel stake, worrying business community.

Europe outpaces the US in military support to Ukraine. Donald Trump wants to lead in diplomacy and end Russia’s war.

OPEC+ is opening the oil taps again, while Donald Trump’s tariffs target Russian crude buyers.

Donald Trump’s tariff policy is taking shape and the president is already touting benefits to the US economy.

A trade deal is done, but who won? The European Union or the United States?

China’s cheap electric vehicles could help Europe meet ambitious climate targets but threaten jobs in Europe.