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.
Afghanistan and Pakistan will resume peace talks in Istanbul on Thursday, both nations said, after a previous round ended without agreeing a lasting t...
France's Louvre Museum began a security audit a decade ago but the recommended upgrades will not be completed until 2032, the state auditor said in a ...
Lebanon's Hezbollah said on Thursday that it had "a legitimate right to resist (Israeli) occupation", adding that it would support the Lebanese army....
The driver who rammed his car into a crowd in western France on Wednesday is suspected of "self-radicalisation" and had "explicit religious references...
As competition over artificial intelligence intensifies, U.S. tech leaders are warning that China’s rapid state-backed progress could soon outpace t...
France's Louvre Museum began a security audit a decade ago but the recommended upgrades will not be completed until 2032, the state auditor said in a report on Thursday compiled before a spectacular heist there last month.
Lebanon's Hezbollah said on Thursday that it had "a legitimate right to resist (Israeli) occupation", adding that it would support the Lebanese army.
The driver who rammed his car into a crowd in western France on Wednesday is suspected of "self-radicalisation" and had "explicit religious references" at home, the country's Interior Minister Laurent Nunez said on Thursday.
U.S. federal investigators have recovered the flight recorders from the wreckage of a UPS cargo plane that crashed and erupted in flames during takeoff in Louisville, Kentucky, killing at least 12 people and halting airport operations.
The Champions League match between Qarabağ FK and Chelsea ended 2–2 at the Tofig Bahramov Republican Stadium in Baku, Azerbaijan on Wednesday (5 November).
Brussels airport, Belgium's busiest, reopened on Wednesday morning after drone sightings during the previous night had resulted in it being temporarily closed, although some flights remained disrupted, its website said.
A French court has postponed the trial of a suspect linked to the Louvre jewellery heist in a separate case, citing heavy media scrutiny and concerns about the fairness of the proceedings.
Russia remains in constant contact with Venezuela over tensions in the Caribbean, Kremlin spokesman Dmitry Peskov was quoted as saying on Tuesday.
U.S. federal investigators have recovered the flight recorders from the wreckage of a UPS cargo plane that crashed and erupted in flames during takeoff in Louisville, Kentucky, killing at least 12 people and halting airport operations.
Afghanistan and Pakistan will resume peace talks in Istanbul on Thursday, both nations said, after a previous round ended without agreeing a lasting truce.
U.S. Secretary of State Marco Rubio announced plans to visit all five Central Asian countries next year, as President Donald Trump prepares to host their leaders in Washington for talks focused on energy and mineral cooperation.
Kaja Kallas says Türkiye's ties with the European Union are vital for the bloc, despite ongoing membership talks.
The Azerbaijan University of Languages (AUL) hosted the screening of a documentary by AnewZ dedicated to the Belt and Road Initiative and the rising importance of the Middle Corridor in the global economy.
As part of his official visit to the People’s Democratic Republic of Algeria, Azerbaijan’s Minister of Foreign Affairs Jeyhun Bayramov held separate meetings with President Abdelmadjid Tebboune and President of the National People’s Assembly Ibrahim Boughali.
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