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.
U.S. President Donald Trump said that Iran had agreed to nuclear inspections into "infinity, despite Tehran's denials, and that unfrozen Iranian asset...
Bangladesh has called for increased climate financing and faster delivery of support to vulnerable nations, arguing that current global funding commit...
Apple is facing a £3 billion lawsuit in the United Kingdom after a competition tribunal approved a major collective action over its iCloud storage se...
Iran has strengthened ties with regional partners and agreed a roadmap for technical talks with the U.S. aimed at securing a final peace agreement wit...
Belgium has issued 24-hour visas to a Taliban delegation attending European Union migration talks in Brussels, as EU member states explore ways to ret...
U.S. President Donald Trump said that Iran had agreed to nuclear inspections into "infinity, despite Tehran's denials, and that unfrozen Iranian assets would be used to buy humanitarian supplies from the United States.
Bangladesh has called for increased climate financing and faster delivery of support to vulnerable nations, arguing that current global funding commitments fall far short of what developing countries need to tackle the growing impacts of climate change.
Apple is facing a £3 billion lawsuit in the United Kingdom after a competition tribunal approved a major collective action over its iCloud storage service.
Iran has strengthened ties with regional partners and agreed a roadmap for technical talks with the U.S. aimed at securing a final peace agreement within two months.
At least thirteen people have died and sixty-six have been injured following an explosion at Qatar's main liquefied natural gas (LNG) processing hub at Ras Laffan, authorities said on Sunday.
Cape Verde’s remarkable FIFA World Cup debut continued on Sunday (21 June) as the tournament newcomers held Uruguay to a 2-2 draw. Goalkeeper Vozinha was once again at the centre of the story, this time with his mother watching from the stands.
Tehran has agreed to let the International Atomic Energy Agency (IAEA) recommence inspections of its nuclear programme, U.S. Vice President JD Vance has said. The U.S. and Iran have settled on a 60-day roadmap aimed at reaching a final deal, according to mediators Qatar and Pakistan.
Armenia and Azerbaijan have agreed on a landmark internet deal that will allow traffic to pass through Azerbaijani networks.It's the latest deal to highlight the ongoing peace process between the two countries.
A Ukrainian strike has damaged a school building in a Russian-controlled area of Ukraine’s Zaporizhzhia region, according to local authorities cited by the TASS news agency. No injuries were reported in the incident.
U.S. President Donald Trump said that Iran had agreed to nuclear inspections into "infinity, despite Tehran's denials, and that unfrozen Iranian assets would be used to buy humanitarian supplies from the United States.
The European Bank for Reconstruction and Development (EBRD) has announced a loan of up to $25 million to support energy-efficiency upgrades at Tashkent Pipe Plant (TPP), one of Uzbekistan’s leading private steel producers.
For Pakistan, helping create space for dialogue between the U.S. and Iran was never solely about diplomacy. It was about avoiding the economic and security consequences of a wider regional conflict.
The visit also took on symbolic importance as the two leaders travelled to the liberated cities of Shusha and Fuzuli, areas Azerbaijan regained after decades of occupation.
A United Nations official has warned that efforts to stabilise southern Syria remain stalled nearly a year after deadly sectarian violence in Sweida province, with tensions between Druze factions, Bedouin communities and state authorities still unresolved.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment