When Donald Trump took office as U.S. President in 2017, one of his early priorities was to renegotiate trade deals that he believed were unfavorable to the United States. His approach to trade was centered on the “America First” ideology,… Read More ›
In a case blending audacious crime with internet notoriety, Ilya Lichtenstein, a hacker behind one of the largest cryptocurrency thefts in history, has been sentenced to five years in a U.S. prison. The 2016 Bitfinex cryptocurrency exchange hack saw the… Read More ›
Japan is embarking on a bold strategy to revitalize its semiconductor and artificial intelligence (AI) industries in an effort to reclaim its former dominance in global chip production. This new initiative, announced by Prime Minister Shigeru Ishiba, will see the… Read More ›
Following the election of President-elect Donald Trump, U.S. companies have been grappling with the looming threat of his proposed trade policies, which include the possibility of escalating tariffs. Throughout the 2024 campaign, Trump made clear his intention to implement universal… Read More ›
Wall Street’s top financial firms are set to increase year-end bonuses in 2024, marking the first rise since the high-paying year of 2021. According to a report by compensation consultancy Johnson Associates, this positive shift follows a surge in deal-making,… Read More ›
China’s trade surplus is reaching unprecedented levels, setting the stage for rising tensions with global trading partners who are already grappling with concerns over economic imbalances. As China’s exports far outpace imports, its projected trade surplus could reach nearly $1… Read More ›
Bitcoin recently soared to an all-time high near $81,000, reflecting renewed investor enthusiasm fueled by U.S. election outcomes that favored pro-crypto candidates and upcoming changes in monetary policy. This surge underscores a shift in sentiment as both seasoned and new… Read More ›
Elon Musk, CEO of Tesla and SpaceX, recently sparked controversy by suggesting that the president should have a role in Federal Reserve policy decisions, adding his voice to a growing debate on Fed independence. Musk’s support for presidential influence on… Read More ›
Former President Donald Trump’s re-election has sent shockwaves through the global economy, as he has revived his hardline stance on tariffs, proposing sweeping taxes on all imported goods to the United States. Unlike his previous term, when tariffs were aimed… Read More ›
India’s food delivery landscape, dominated by Zomato and SoftBank-backed Swiggy, is under scrutiny as the Competition Commission of India (CCI) investigates their business practices for potential anti-competitive behavior. At the heart of the issue is whether the companies’ practices harm… Read More ›
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