(This Jan. 15 story has been refiled with an amended comment from the WEF Managing Director in paragraph 4) By Elisa Martinuzzi LONDON () - Armed conflict is the top risk in 2025, a World Economic Forum (WEF) survey released on Wednesday showed, a reminder of the deepening global fragmentation as government and business leaders

Investing.com -- The announcement of the Department of Government Efficiency (DOGE), spearheaded by Elon Musk and Vivek Ramaswamy, has drawn public attention and speculation about its potential to transform federal operations.  However, according to analysts at Barclays (LON:), the scope of DOGE’s influence is likely far more limited than its proponents suggest. Contrary to its

Investing.com -- There has been widespread debate about the sustainability of recent increases in global bond yields, as well as their potential impact on financial markets and economies.  Although short-term dynamics may support elevated yields, cyclical forces and structural factors indicate that yields will eventually stabilize, as per analysts at BCA Research. The rise in

Investing.com -- As the United States contemplates a sweeping 25% tariff on imports from Canada and Mexico, the two nations face critical decisions on how to respond to this potential trade shock.  Analysts at BofA Securities warn that the tariffs, if implemented, could escalate into a full-blown trade war, with significant economic repercussions for all

WASHINGTON () - The executive board of the International Monetary Fund on Friday approved the second review of Ethiopia's current financing program, the fund said, paving the way for a disbursement of about $250 million. The East African nation struck the four-year, $3.4 billion program deal last July, after it undertook far-reaching reforms including the

MUMBAI () - India will likely cut its disinvestment and asset monetisation target by 40% for 2024-25 in the federal budget to be presented next month, The Economic Times newspaper reported on Saturday, as planned sales of state-run firms run into a host of setbacks. The government will likely revise the target to less than

By Sheila Dang and Jaspreet Singh () -The U.S. Supreme Court on Friday ruled against TikTok's bid to avoid a ban that could shut the app down in just two days and impact millions of users who rely on the platform for entertainment, ecommerce and ad dollars. The looming ban is the end result of

By Laura Matthews NEW YORK () - The dollar held gains against the yen on Friday, but ended the week lower after a six-week winning streak, as investors await Donald Trump's presidential inauguration and clarity on the course of the incoming administration's policies. The yen was poised for its strongest weekly performance in over a

By David Lawder and Ismail Shakil WASHINGTON () -U.S. Treasury Secretary Janet Yellen said that the government will reach its statutory borrowing limit on Tuesday and begin employing "extraordinary measures" to keep from breaching the cap and risking a potential catastrophic default. Yellen, in a letter on Friday to congressional leaders just three days before

By David Shepardson WASHINGTON () -The outgoing head of the Federal Communications Commission said a massive Chinese-linked cyber-espionage operation against U.S. telecoms firms known as "Salt Typhoon" is a "clarion call" to address significant telecommunications security issues. "Salt Typhoon is a clarion call that reminds us that the security of our networks is absolutely vital