On Tuesday, Foxconn, the world’s largest contract chipmaker, said it expects the second half of this year to be “in a better direction” since COVD-19 lockdown appears to be easing in Shanghai. “We are quite confident in the stability of… Read More ›
In a significant development Turkish President Tayyip Erdogan said, Ankara cannot allow countries that support terrorism to in NATO, in reference to Finland and Ankara’s bid to join the military alliance. “For as long as Tayyip Erdogan is the head… Read More ›
Efforts by Bern to refresh free trade agreement with China have hit roadblocks stemming from China’s dismal human rights record. In 2013, both countries had signed a free trade agreement, marking Beijing’s first such deal with an economy in continental… Read More ›
In a statement German Economy Minister Robert Habeck expressed concerns over the European Union’s unity on Russia, saying he is seeing signs that they are “starting to crumble”. Habeck made the comments ahead of a summit to discuss an oil… Read More ›
Artificial intelligence is widely expected to make businesses more productive, reduce operating costs and eventually make many goods and services cheaper. Yet the technology could create a less obvious economic problem during the transition: it may raise inflation before its… Read More ›
Germany, Spain, Portugal, Italy, Poland and Austria are pushing the European Union toward a common response to an increasingly difficult political problem: oil companies are earning unusually large profits while European households and businesses are paying substantially more for fuel… Read More ›
Canada and the United States are moving from prolonged tariff disputes toward a more direct trade confrontation after last-minute negotiations collapsed and Washington imposed a new 50 percent tariff on a range of Canadian goods. The breakdown is significant because… Read More ›
Pakistan is stepping into an increasingly important diplomatic space between Washington and Tehran just as the United States prepares to intensify economic pressure on Iran. The visit to Tehran by Pakistan’s army chief, Field Marshal Asim Munir, comes at a… Read More ›
The United States has imposed 50 percent tariffs on a range of Canadian goods after Washington and Ottawa failed to reach a trade agreement, transforming a prolonged dispute between two closely integrated economies into a more serious confrontation. The immediate… Read More ›
Oil prices have risen as President Donald Trump threatens tougher sanctions against countries that continue trading with Iran, but the latest increase appears to be driven primarily by a temporary geopolitical risk premium rather than a fundamental collapse in global… Read More ›
Ukraine’s expanding campaign against Russian economic infrastructure is changing the character of the war by shifting more of the battlefield away from front-line positions and toward the industrial systems that sustain military operations. Russian President Vladimir Putin has warned that… Read More ›
Canada’s decision to impose matching tariffs on selected American goods marks a significant escalation in the trade dispute with its largest economic partner. Prime Minister Mark Carney announced that Ottawa would respond dollar for dollar to new United States tariffs… Read More ›
The United States has crossed a fiscal landmark that would have seemed extraordinary less than a decade ago. Federal debt has moved above $40 trillion, reaching about $40.05 trillion in August 2026, according to Treasury data. The figure is more… Read More ›
China’s humanoid robotics industry is entering a more consequential stage as manufacturers try to prove that machines built to resemble people can perform useful work outside exhibition halls. At the World Robot Conference in Beijing, companies demonstrated robots sorting parcels,… Read More ›
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