Business & Economy

Published: 07 November 2026. The English Chronicle Desk. The English Chronicle Online. Donald Trump’s sweeping defeat in the 2026 US midterm elections has dealt a major blow to the political movement that transformed the Republican Party over the past decade. Although the Make America Great Again (Maga) movement is unlikely to disappear immediately, the scale of the Republican losses has raised serious questions about its future influence, the party’s direction...

Published: 07 November 2026. The English Chronicle Desk. The English Chronicle Online. A diplomatic initiative led by Qatar could offer a significant breakthrough in the ongoing conflict between the United States and Iran, with proposals under discussion to reopen the strategically important Strait of Hormuz in exchange for international nuclear inspections and economic concessions. The plan aims to reduce tensions, restore commercial shipping through one of the world's most important...

Published: 07 November 2026. The English Chronicle Desk. The English Chronicle Online. Paraguay has plunged into an unprecedented political and financial crisis after President Santiago Peña was impeached by Congress and placed under house arrest amid an investigation into alleged corruption and political interference involving one of the country's largest banking institutions. The dramatic developments came as millions of customers lost access to their savings following the suspension of Ueno...

Published: 07 November 2026. The English Chronicle Desk. The English Chronicle Online. Ten years after the Paris Agreement entered into force, international efforts to tackle climate change are facing a critical moment. Although the landmark treaty created an unprecedented framework for global cooperation and encouraged countries to reduce greenhouse gas emissions, its central ambition of limiting global warming to 1.5C above pre-industrial levels is increasingly slipping out of reach. Rising...

Published: 06 November 2026. The English Chronicle Desk. The English Chronicle Online. Employers across the United Kingdom will be required by law to include salary information in job advertisements under a new government proposal announced by Prime Minister Andy Burnham. The planned measure aims to make recruitment more transparent, reduce unequal pay and ensure that jobseekers understand how much they can expect to earn before investing time and effort in...

Published: 06 November 2026. The English Chronicle Desk. The English Chronicle Online. House prices across the United Kingdom recorded their sharpest monthly decline in more than three years in October, as rising mortgage costs, persistent inflation and growing economic uncertainty continued to weaken demand in the property market. The latest figures indicate that the housing sector is facing renewed pressure, with buyers becoming more cautious and sellers confronting increasingly difficult...

Published: 06 November 2026. The English Chronicle Desk. The English Chronicle Online. Marks & Spencer has entered the battle for Britain's most talked-about Christmas advertisement with a playful festive campaign featuring actor James Norton as a muscular, shirtless Santa Claus, setting up a lively contest with long-time advertising rival John Lewis. The new advert, which also stars Lucy Punch as Mrs Claus, combines humour, celebrity appeal and seasonal shopping in...

Published: 06 November 2026. The English Chronicle Desk. The English Chronicle Online. The UK government has urged the country's biggest energy suppliers to take greater responsibility for helping struggling households manage unpaid electricity and gas bills this winter, as ministers prepare to introduce a multibillion-pound debt relief programme aimed at easing the financial pressure on millions of consumers. Energy companies have been warned that government assistance alone will not solve...

Published: 06 November 2026. The English Chronicle Desk. The English Chronicle Online. Australia’s government is facing a growing set of political and economic challenges that bear striking similarities to the issues that helped deliver a major midterm victory to the Democrats in the United States, with analysts warning that rising living costs, uncertainty surrounding the Iran war and public concerns about expanding datacentre development could place further pressure on Prime...

Published: 06 November 2026. The English Chronicle Desk. The English Chronicle Online. Democrats have strengthened their control of the United States Congress after flipping additional Republican-held House seats in the 2026 midterm elections, delivering a significant political setback to President Donald Trump and his Republican Party. A series of closely watched victories across several states has expanded the Democrats' advantage in the House of Representatives, while the party is also...