US US Midterms Put Federal Funding in Focus as Democrats Gain
US midterm projections point to divided government. The December funding deadline comes first, with the new Congress taking office in January.
US 
US El Nino Adds to 2027 US Inflation Risks, SF Fed Study Finds
A San Francisco Fed study links El Nino to conditional US inflation risks in 2027. Explore the weather assumptions, policy context and credit implications.
Eurozone Lagarde to Leave ECB on February 7, Setting Up Succession
Christine Lagarde will leave the ECB on February 7, 2027. The formal succession process and existing credit conditions frame the policy questions ahead.
Asia Pacific China Industrial Profits Rise 14.4% as Sector Gaps Widen
China's September industrial profits rose 14.4%, but electronics, autos and steel diverged. Explore the implications for cash flow and credit risk.
Latin America Brazil Election: Lula Wins as Budget and Debt Tests Loom
Lula wins Brazil's 2026 election. Explore how the proposed 2027 budget, debt pressures and financing costs could shape his next economic term.
US Trump Taps Defense Production Act to Expand US Refining
Trump invoked the Defense Production Act for petroleum capacity. Planned federal funding still needs project selection, construction and verified supply gains.
EUR Norway Sovereign Wealth Fund Loses 0.5% as Bonds Slide
Norway's sovereign wealth fund returned -0.5% in Q3. Bond losses, currency translation and fiscal spending assumptions require separate risk assessments.
EUR UK Inflation Hits 3.5% as Borrowing Overshoots Forecast
UK CPI rose to 3.5% as public borrowing exceeded the official forecast. The figures complicate fiscal choices, interest-rate decisions and corporate refinancing.
US US Announces $8 Billion Harvest Fuel Relief for Farmers
USDA plans $8 billion in one-time Harvest Fuel Relief payments. The program could ease farm cash-flow pressure, while payment rates and application details remain pending.
Global Economy Global Food Inflation Risks Rise as Supply Shocks Mount
Official data show higher food commodity prices and pressure from energy, shipping and weather. The impact on households and importers will differ across countries.