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.
Iran’s Supreme National Security Council Secretary Ali Larijani said the United States could evaluate its own interests separately from those of Isr...
United States prepares for the possibility of sustained, weeks-long military operations against Iran, two U.S. officials told Reuters as the images of...
The Somali Army carried out a targeted airstrike in southern Somalia, killing 15 al-Shabaab militants, the country’s Defence Ministry said on Sunday...
Israel’s cabinet on Sunday approved measures aimed at expanding state oversight of land in the occupied West Bank and facilitating land purchases by...
Iran’s Supreme National Security Council Secretary Ali Larijani said the United States could evaluate its own interests separately from those of Israel in ongoing negotiations between Tehran and Washington.
United States prepares for the possibility of sustained, weeks-long military operations against Iran, two U.S. officials told Reuters as the images of the USS Abraham Lincoln carrier strike group sailing and flying in formation were released on Sunday.
The Somali Army carried out a targeted airstrike in southern Somalia, killing 15 al-Shabaab militants, the country’s Defence Ministry said on Sunday.
Israel’s cabinet on Sunday approved measures aimed at expanding state oversight of land in the occupied West Bank and facilitating land purchases by settlers, a move Palestinian officials described as a 'de-facto annexation.'
U.S. Ambassador to NATO Matthew Whitaker said China has the power to bring an end to Russia’s war in Ukraine, arguing that Beijing is enabling Moscow’s military campaign.
American figure skating star Ilia Malinin endured a dramatic collapse in the men’s free skate on Friday night, falling twice and tumbling out of medal contention at the Milan Cortina Winter Olympics as Kazakhstan’s Mikhail Shaidorov surged to a surprise gold medal.
Thousands of fans packed River Plate’s Monumental Stadium in Buenos Aires on Friday for the first of three sold-out concerts by Puerto Rican reggaeton star Bad Bunny, as part of his “Debí Tirar Más Fotos” World Tour.
New Zealand declared a state of emergency in Otorohanga on Saturday (14 February) after torrential rain caused severe flooding, power outages and evacuations.
Austria’s Janine Flock won the gold medal in the women’s skeleton event at the Milano-Cortina 2026 Winter Olympics on Saturday.
Iran’s Supreme National Security Council Secretary Ali Larijani said the United States could evaluate its own interests separately from those of Israel in ongoing negotiations between Tehran and Washington.
Four people were killed on Sunday evening in an Israeli drone strike targeting a vehicle in eastern Lebanon near the Lebanese-Syrian border, Lebanon’s official National News Agency (NNA) reported.
Israel’s cabinet on Sunday approved measures aimed at expanding state oversight of land in the occupied West Bank and facilitating land purchases by settlers, a move Palestinian officials described as a 'de-facto annexation.'
U.S. President Donald Trump said on Sunday that member states of the newly formed Board of Peace will announce pledges exceeding $5 billion for Gaza’s reconstruction during a gathering in Washington this week.
Iran is pursuing a nuclear agreement with the U.S. that delivers economic benefits for both sides, an Iranian diplomat was reported as saying on Sunday (15 February), days before a second round of talks between Tehran and Washington.
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