The European Union has formally warned fast-fashion giant Shein that it risks substantial fines unless it swiftly remedies a range of consumer protection violations. In a sharp escalation of regulatory scrutiny, the European Commission and the network of national consumer… Read More ›
Month: May 2025
Nvidia CEO Hails Trump’s Reindustrialisation Push as “Visionary”
At a ceremony in Norrköping this weekend, Nvidia’s co-founder and chief executive officer, Jensen Huang, gave high praise to U.S. President Donald Trump’s initiatives aimed at revitalising American manufacturing, describing them as “visionary” and critical to the future of technology…. Read More ›
Trump’s Tariff Threat Unlikely to Shift iPhone Production to U.S. Shores
President Donald Trump’s recent threat to slap a 25% tariff on imported iPhones has reignited the debate over domestic manufacturing in the United States. However, despite the political pressure, industry experts and insiders believe the idea of shifting iPhone production… Read More ›
EU Pushes Back with Calls for Dialogue and Countermeasures After Trump’s 50% Tariff Threats
When President Donald Trump announced plans to impose a sweeping 50% tariff on all European Union imports beginning June 1, Brussels responded swiftly and in unison: trade must be conducted in good faith, not under the threat of punitive levies…. Read More ›
Skyrocketing Therapy Costs: Unpacking the Doubling of New Drug Prices in Four Years
In just four years, the sticker price for newly launched prescription medicines in the United States has more than doubled, leaving patients, insurers and policymakers scrambling for answers. Industry analyses show that the median list price for a novel therapy… Read More ›
Services Slump Undermines Euro Zone’s Recovery Ambitions, Sends Shockwaves Through Economy
Economic optimism in the euro zone has been dealt a severe blow as a surprising downturn in the services sector eroded hopes of a broad-based rebound. After a prolonged stretch of modest expansion, fresh survey data reveal that Europe’s dominant… Read More ›
Why is China Prioritizing Multilateralism Over Bilateral U.S. Trade Negotiations
As U.S.-China trade tensions linger, Beijing has redirected its diplomatic focus beyond one-on-one negotiations with Washington, championing a multilateral approach to stabilize global trade and safeguard its economic interests. At a high-profile meeting of the World Trade Organization’s (WTO) General… Read More ›
U.S. Markets Wobble as Trump’s Tax-Cut Bill Stirs Investor Anxiety
U.S. stocks dropped sharply and the dollar slipped as Wall Street grew increasingly uneasy over President Trump’s proposed tax-cut plan, which many fear could exacerbate the nation’s fiscal deficits and unsettle financial markets. Equity benchmarks tumbled in early trading, while… Read More ›
Versailles Summit Signals France’s Strategic Leap with €20 Billion in New Investments
At the recent “Choose France” summit held at the Palace of Versailles, France unveiled a significant achievement: securing €20 billion in new investments. This development underscores the summit’s pivotal role in bolstering France’s economic landscape and reinforcing its position as… Read More ›
Shrinking the Summit: Why the ‘Triple-A’ Sovereign Bond Club Continues to Dwindle
The exclusive circle of nations boasting the highest sovereign credit ratings has contracted once more, signaling deeper concerns about global fiscal health and economic stability. The recent downgrade of the United States’ credit rating by Moody’s from “Aaa” to “Aa1”… Read More ›