Business & Economy

Venezuela and US to Cooperate on Major Mining Projects

Published: March 5, 2026 . The English Chronicle Desk . The English Chronicle Online Venezuela and the United States have announced plans to cooperate on major mining developments, signalling a new phase in economic relations between the two countries as Caracas seeks to attract foreign investment into its vast natural resource sector. The announcement was made by Venezuela’s interim president Delcy Rodríguez following high-level discussions in Caracas with senior U.S....

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Millions of Cubans Plunged Into Darkness Amid Fuel Crisis

Published: March 5, 2026 . The English Chronicle Desk . The English Chronicle Online Millions of people across Cuba have been plunged into darkness after a massive power outage struck large parts of the island, underscoring the severity of the country’s worsening fuel crisis and fragile electricity infrastructure. The blackout, which affected the western half of the nation including the capital Havana, has disrupted daily life for residents already struggling...

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China Sets Lowest Economic Growth Target Since 1991

Published: March 5, 2026 . The English Chronicle Desk . The English Chronicle Online China has announced its lowest economic growth target in more than three decades, signalling a cautious outlook for the world’s second-largest economy as policymakers confront mounting domestic and global challenges. The new target, set between 4.5% and 5% for 2026, marks the most modest official growth goal since 1991 and reflects concerns about slowing momentum in...

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Bogus ‘Oxford Professor’ Jailed Over £880k Investment Scam

Published: March 5, 2026 . The English Chronicle Desk . The English Chronicle Online A fraudster who falsely claimed to be an academic from the University of Oxford has been jailed after deceiving investors out of more than £880,000 in a sophisticated investment scam that prosecutors said funded his extravagant lifestyle. The case has highlighted the growing threat of financial fraud schemes that exploit trust, prestige and professional credentials to...

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Tim Wilson Sells Out Controversial Share Market Bet

Published: 04 March 2026. The English Chronicle Desk. The English Chronicle Online. The landscape of Australian political finance has shifted today as Tim Wilson announced he has finally closed his controversial investment position. This decision marks the conclusion of a saga involving a leveraged financial product that aimed to profit from a falling share market. While the move was initially framed as a protective measure during the early days of...

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Global markets face turmoil as Hormuz crisis deepens

Published: 04 March 2026. The English Chronicle Desk. The English Chronicle Online. The atmosphere across international trading floors remains incredibly tense as global markets continue to experience a significant and worrying downturn this Wednesday. Investors are reacting with deep skepticism toward recent attempts by the United States to stabilize the volatile situation. Even though Donald Trump has pledged military support to protect vital shipping lanes, his words have not calmed...

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Peak Greggs fears as profits tumble sharply

Published: 03 March 2026. The English Chronicle Desk. The English Chronicle Online. The phrase Peak Greggs is echoing across the high street this week. Investors are questioning whether Peak Greggs has quietly arrived after slowing growth. The bakery giant Greggs revealed a sharp fall in annual profits. The figures have reignited debate about the limits of its remarkable expansion. The company reported statutory pre-tax profits of £167.4 million. That represents...

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Grocery Inflation Rises Amid War Fears

Published: 03 March 2026. The English Chronicle Desk. The English Chronicle Online. Grocery inflation has risen unexpectedly across the UK, unsettling households already facing tight budgets. The latest figures show grocery inflation climbing to 4.3 percent in February. This marks a reversal after four consecutive months of steady decline. The change has revived concerns about rising living costs this spring. Analysts warn that grocery inflation could worsen if geopolitical tensions...

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Bars Close and Hundreds Lose Jobs as US Firm Buys BrewDog in £33m Deal

Published: March 3, 2026 . The English Chronicle Desk . The English Chronicle Online In a stark illustration of the turmoil facing parts of Britain’s hospitality and brewing sectors, iconic Scottish craft beer company BrewDog has been acquired by a United States‑based beverages and cannabis firm in a deal worth £33 million. The takeover — confirmed this week — has led to the closure of dozens of BrewDog’s bars across the...

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The Little Town Making Nearly All of China’s Lanterns

Published: March 3, 2026 . The English Chronicle Desk . The English Chronicle Online In a quiet corner of northern China, far from the bustling metropolises, lies a small town whose name has become synonymous with one of the nation’s most enduring cultural symbols: the lantern. This unassuming settlement has developed over decades into a manufacturing powerhouse whose workshops and family‑run stalls produce the vast majority of the lanterns seen...

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