India Passes Japan to Claim 4th-Largest Economy at $4.18 Trillion
New Year’s-Eve government data (31 Dec 2025) put India’s nominal GDP at $4.18 trillion, nudging it above Japan and re-ordering the global GDP table for the first time since 2010.
Business & Economics
423 stories · Page 28 of 43
Bulgaria Drops the Lev, Joins Eurozone as 21st Member
At midnight on 1 January 2026, Bulgaria will scrap the lev and begin using the euro after clearing EU convergence tests, despite public opinion split almost 50-50.
China Enacts Three-Year 55 % Safeguard Tariff on Over-Quota Beef Imports
Starting 1 Jan 2026, Beijing will levy an extra 55 % duty on any beef shipments that exceed newly assigned country quotas, overriding parts of existing FTAs and lasting until 31 Dec 2028.
Silver Peaks and Plunges as Margin Hike Collides With Looming China Export Curbs
Between 29-30 Dec 2025, spot silver rocketed to a record $84/oz then crashed 14% within hours after CME’s surprise margin increase and a bank liquidation, before clawing back to the mid-$70s.
Meta Snaps Up Singapore’s Manus in $2B-Plus, 10-Day AI Agent Deal
Meta closed a fast-tracked purchase of AI-agent maker Manus for just over $2 billion on 30 Dec 2025, banking on the startup’s existing subscription revenue to justify its massive AI spend.
Silver Smashes $79/Oz as CME Slaps $25k Margin Hike in Year-End Metals Super-Spike
Between Dec 26-28 2025, spot silver vaulted to an unprecedented US$79 an ounce while CME Group abruptly raised initial margin on March 2026 contracts to US$25,000 and cut position limits, trying to cool the most explosive precious-metals rally since 1979.
Tesla Drops 'Sustainable' for 'Amazing Abundance' and Debuts Fully Unmanned Robotaxi Tests
On Christmas Eve 2025, Elon Musk publicly replaced the word “sustainable” in Tesla’s mission and, within days, showcased driver-out robotaxi rides in Austin—signalling a pivot from climate-driven EV leadership toward an AI-powered automation future.
China Approves Interest-Bearing Digital Yuan Deposits from 1 Jan 2026
Beijing has authorised commercial banks to start paying demand-deposit interest on verified e-CNY wallets on 1 January 2026, upgrading the CBDC from a cash-like token to an insured, bank-book deposit.
Nvidia’s $20 B Groq “license-plus-talent” deal vaults it into AI inference
On 24 Dec 2025 Nvidia wired the first $13 billion of a $20 billion non-exclusive licensing and staff-migration agreement with Groq, pulling in 90 % of the startup’s engineers to extend its AI dominance from training GPUs to high-speed inference.
Tesla’s Year-End Shock: First Empty-Seat Robotaxi Drives Just As BYD Seizes EV Sales Crown
In the same holiday week, Tesla ran fully driver-less test rides in Austin and rewrote its mission statement, yet data showed 2025 deliveries slipping to ≈1.65 M—enough for rival BYD’s 2.07 M to claim the global EV lead.
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