Starbucks is currently navigating a tumultuous phase as it seeks to reclaim its market position and revitalize customer engagement amidst declining sales and increasing operational challenges. Brian Niccol, the newly appointed CEO, has announced an ambitious plan to streamline the… Read More ›
Goldman Sachs has issued a stark warning regarding the euro’s future, predicting a potential 10% drop if Donald Trump wins the upcoming U.S. presidential election on November 5. The former president’s aggressive economic policies, such as imposing widespread tariffs and… Read More ›
The growing trade surplus between China and the United States has sparked much debate, with some experts pointing to China’s industrial policies as a significant factor. However, the International Monetary Fund’s (IMF) Chief Economist, Pierre-Olivier Gourinchas, argues that broader macroeconomic… Read More ›
The European Union (EU) faces significant challenges in the realm of artificial intelligence (AI) as it struggles to keep pace with the investments and innovations seen in the United States and China. Jensen Huang, CEO of AI chipmaker Nvidia, recently… Read More ›
As the November 5 U.S. presidential election approaches, the tension surrounding the U.S.-China tech conflict is poised to intensify, regardless of whether Republican Donald Trump or Democrat Vice President Kamala Harris emerges victorious. Both candidates have articulated their commitment to… Read More ›
As global economies emerge from the fallout of the COVID-19 pandemic, a new challenge has taken center stage: a perilous liquidity crisis affecting numerous developing nations. While countries like Ghana, Sri Lanka, and Zambia have navigated the treacherous waters of… Read More ›
This week, over 10,000 finance ministers, central bank officials, and representatives from civil society will convene in Washington. They will gather for the annual meetings of the International Monetary Fund (IMF) and the World Bank. The agenda will encompass critical… Read More ›
The European Central Bank (ECB) has made a significant decision by cutting interest rates for the third time this year, signaling a major shift in its focus from combating inflation to prioritizing economic growth. The eurozone, plagued by slow growth… Read More ›
International Monetary Fund (IMF) Managing Director Kristalina Georgieva has called for China to make a crucial economic transition away from its long-standing export-driven model. In an interview with Reuters, Georgieva warned that unless China shifts towards a consumer-driven economy, it… Read More ›
As discussions around tax reform and corporate accountability gain momentum globally, recent findings from the Tax Justice Network (TJN) have unveiled a troubling reality regarding corporate tax abuse. The British Overseas Territories, particularly the British Virgin Islands (BVI), the Cayman… Read More ›
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