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.
Pope Leo addressed a gathering of prominent Hollywood actors and filmmakers at the Vatican on Saturday, expressing concern over the struggles facing c...
Azerbaijani President Ilham Aliyev has arrived in Uzbekistan at the invitation of President Shavkat Mirziyoyev to attend the 7th Consultative Meeting ...
Chileans are heading to the polls on Sunday for a presidential election, marking the first mandatory vote since 2012. Around 15–16 million citizens ...
At least nine people were killed and nearly thirty others injured after confiscated explosives accidentally detonated inside a police station in Nowga...
The United States, Qatar, Egypt, the United Arab Emirates, Saudi Arabia, Indonesia, Pakistan, Jordan and Türkiye have issued a joint statement suppor...
Pope Leo addressed a gathering of prominent Hollywood actors and filmmakers at the Vatican on Saturday, expressing concern over the struggles facing cinemas and the need to safeguard the shared experience of watching films.
Azerbaijani President Ilham Aliyev has arrived in Uzbekistan at the invitation of President Shavkat Mirziyoyev to attend the 7th Consultative Meeting of Central Asian Heads of State.
At least nine people were killed and nearly thirty others injured after confiscated explosives accidentally detonated inside a police station in Nowgam, in Indian-administered Kashmir.
The United States, Qatar, Egypt, the United Arab Emirates, Saudi Arabia, Indonesia, Pakistan, Jordan and Türkiye have issued a joint statement supporting the draft United Nations Security Council resolution currently under consideration.
MrBeast, the world’s most popular YouTuber, has officially launched his first theme park, Beast Land, in Riyadh, Saudi Arabia.
A Türkiye-registered Air Tractor AT-802F crashed in western Croatia on Thursday, killing the pilot, local authorities and media reported.
Britain’s King Charles III marks his 77th birthday. Unlike his predecessors, King Charles treats his actual birthday, on 14 November, as his main moment of reflection. This year, King Charles visited Wales—a decision that coincides with the overall spirit of his first three years on the throne.
Walt Disney is bracing for a potentially long and contentious battle with YouTube TV over the distribution of its television networks, a development that has raised concerns among investors about the future of its already struggling television business.
As Chile heads into its presidential election on Sunday, voters are gripped not by economic reform or social policy, but by crime, immigration, and organised gangs—a dramatic shift from the left-wing optimism that defined the previous cycle.
Azerbaijani President Ilham Aliyev has arrived in Uzbekistan at the invitation of President Shavkat Mirziyoyev to attend the 7th Consultative Meeting of Central Asian Heads of State.
The United States, Qatar, Egypt, the United Arab Emirates, Saudi Arabia, Indonesia, Pakistan, Jordan and Türkiye have issued a joint statement supporting the draft United Nations Security Council resolution currently under consideration.
The U.S. is studying a plan to divide Gaza into zones with different levels of control. Documents cited by The Guardian outline a green zone for reconstruction under Israeli and international oversight, and a red zone that would remain heavily damaged after two years of war.
A ministerial meeting was held in the capital of Georgia, Tbilisi, for the implementation of the Agreement on Strategic Partnership in the Development and Transmission of Green Energy between Azerbaijan, Georgia, Hungary, and Romania.
Ukrainian President Volodymyr Zelenskyy and Azerbaijani President Ilham Aliyev have spoken by phone after debris from a Russian missile strike damaged Azerbaijan’s Embassy in Kyiv, prompting concern from both leaders over the safety of diplomatic missions.
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