Gold has smashed through the $4,000 mark — a level few thought possible this year. But what’s behind the surge? Is it a sign investors are losing faith in markets, or simply hedging against uncertainty?
On this edition of World Business, Guy Shone speaks to economist Cuneyt about what the rush to bullion says about global confidence, central bank strategy, and the broader mood of investors in 2025.
Then we turn from markets to money policy — and to France, where the so-called Zucman Tax has sparked a storm. Proposed by economist Gabriel Zucman, it targets the ultra-wealthy with a 2 percent annual levy on fortunes above €100 million. Supporters say it could raise €20 billion a year and help close France’s widening deficit. Critics warn it risks driving capital abroad and deepening the country’s economic malaise.
Can a wealth tax restore fiscal trust where market faith is faltering — or is this just another political experiment? World Business unpacks the numbers, the reactions, and what it all means for Europe’s financial future.
Thailand launched air strikes along its disputed border with Cambodia on Monday after fresh fighting erupted between the two neighbours, only months a...
Ukraine’s President Volodymyr Zelenskyy says recent talks with U.S. representatives on a possible peace plan were “constructive, although not easy...
In 2013, just a month after becoming president, Ibrahim Boubacar Keita declared that the days of mutinous soldiers undermining government authority in...
Polling closed on Sunday (7 December) in Hong Kong’s overhauled “patriots-only” legislative election, with vote counting now underway....
Thailand launched air strikes along its disputed border with Cambodia on Monday after fresh fighting erupted between the two neighbours, only months after a ceasefire brokered by U.S. President Donald Trump. Both sides accused the other of breaching the agreement.
Ukraine’s President Volodymyr Zelenskyy says recent talks with U.S. representatives on a possible peace plan were “constructive, although not easy,” as he prepares for new consultations with European leaders in coming days.
In 2013, just a month after becoming president, Ibrahim Boubacar Keita declared that the days of mutinous soldiers undermining government authority in the capital, Bamako, were over. Yet, seven years later, Keita himself was toppled, facing the very fate he had vowed to prevent.
A coup attempt by “a small group of soldiers” has been foiled, Beninese Interior Minister Alassane Seidou said on Sunday on national television, urging citizens to continue their daily activities.
A delayed local vote in the rural Honduran town of San Antonio de Flores has become a pivotal moment in the country’s tightest presidential contest, with both campaigns watching its results as counting stretches into a second week.
FIFA releases the 2026 World Cup schedule with match dates, venues, and key fixtures. See when host nations USA, Mexico, and Canada play and get an overview of group stage and knockout rounds.
Lava fountains shot from Hawaii’s Kīlauea volcano from dawn to dusk on Saturday, with new footage showing intensifying activity at the north vent.
McLaren’s Lando Norris became Formula One world champion for the first time in Abu Dhabi, edging Max Verstappen to the title by just two points after a tense season finale.
Hungarian Prime Minister Viktor Orban is set to make an official visit to Türkiye on Monday.
Israeli Prime Minister Benjamin Netanyahu said on Sunday that he will meet U.S. President Donald Trump later this month, saying a second phase of the U.S. president's Gaza plan was close.
At the Doha Forum, Assistant of the President of the Republic of Azerbaijan Hikmat Hajiyev and Secretary of the Armenian Security Council Armen Grigoryan discussed the peace process between the two countries.
Kremenchuk, an industrial centre on the Dnipro River, was struck again as Russian forces targeted facilities across the city during the night.
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