China’s industrial sector is facing significant challenges, with profits declining at an alarming rate, signaling deeper issues within the economy. Data from the National Bureau of Statistics (NBS) reveals that industrial profits dropped by 27.1% in September compared to the… Read More ›
As political landscapes shift globally, investors are increasingly focused on the potential volatility in financial markets resulting from pivotal events in the coming weeks. With the United States poised to select a new president, Japan grappling with political instability, major… 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 ›
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 ›
The global economy is bracing for the wider implications of China’s slowing economic growth, as the World Bank projects a further decline in China’s growth rate in 2025. Despite recent stimulus measures providing a temporary lift, the World Bank forecasts… Read More ›
The ongoing trade conflict between the European Union (EU) and China took a sharp turn this week, with China imposing temporary anti-dumping measures on EU brandy imports, targeting popular French brands such as Hennessy and Rémy Martin. The move comes… Read More ›
As tensions escalate in the Middle East, concerns are growing over the potential ripple effects on global oil markets. Industry experts are increasingly apprehensive about what prolonged unrest between Israel and Iran could mean for oil supply and prices, especially… Read More ›
In September, the U.S. economy received a significant boost, pulling it further from the shadows of a feared recession and positioning the Federal Reserve to navigate a potentially smooth landing for the nation’s monetary policy. Despite lingering concerns over inflation,… Read More ›
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