latest news in economy
Russia Eyes Return to US Dollar in $12 Trillion Economic Pitch
Moscow, Friday, 13 February 2026.
Moscow confirmed a proposal on February 13 to restore US dollar settlements within a staggering $12 trillion economic framework. This potential partnership, contingent on a Ukraine peace deal, signals a major reversal of recent BRICS de-dollarization efforts and offers US firms renewed access to Russian energy markets.
UK Economy Misses 2025 Growth Forecasts as Construction Sector Hits Four-Year Low
London, Thursday, 12 February 2026.
The UK economy expanded by 1.3% in 2025, missing expectations as the fourth quarter stalled. While manufacturing grew, the dominant services sector flatlined and construction plummeted 2.1%—its worst performance in four years—highlighting the fragility of the recovery.
January Deficit Shrinks to $95 Billion as Tariff Revenues Soar
Washington, Thursday, 12 February 2026.
The U.S. deficit fell 26% to $95 billion in January as customs duties quadrupled to $27.7 billion. This tariff-driven revenue surge successfully outpaced spending growth, offering a temporary fiscal improvement.
Declining Population Growth Projected to Slash U.S. GDP by $100 Billion in 2026
Washington, Wednesday, 11 February 2026.
A sharp demographic slowdown is set to cost the U.S. economy $100 billion this year. Analysis reveals a “growth gap” of 1.4 million fewer residents will eliminate vital household spending, threatening 741,500 jobs and challenging the nation’s reliance on workforce expansion.
Morgan Stanley Strategist Warns High Expectations May Lead to Market Letdown
New York, Wednesday, 11 February 2026.
Andrew Slimmon cautions that high earnings estimates and aggressive AI spending by hyperscalers signal a potential market letdown, advising a strategic shift into financials and industrials.
Markets Pause Near Record Highs as Investors Await Critical Economic Data
New York, Tuesday, 10 February 2026.
US equity markets halted their recent rally on Tuesday, February 10, 2026, as investors adopted a cautious stance ahead of a significant backlog of economic data. While the Dow Jones and S&P 500 hovered near record highs, the release of weaker-than-expected December retail sales—showing a stall in consumer spending—prompted a decline in bond yields to 4.14%, reinforcing expectations for Federal Reserve interest rate cuts. Conversely, the cryptocurrency sector faced renewed volatility, with Bitcoin tumbling below the $70,000 mark. The market’s attention now pivots to Wednesday’s delayed nonfarm payrolls report and Friday’s inflation data, which are critical for gauging the economy’s health following the recent government shutdown. This incoming “data deluge” is creating a complex trading environment characterized by a rotation out of volatile tech stocks into defensive sectors, as traders seek clarity on the monetary policy trajectory.