Germany wants to revive its military but the economy says no
Germany is spending more on defence than at any time since World War II. Yet the country cannot find enough young people willing to join the armed forces.At the same…
Economy
1364 posts
Jackson Hole Symposium: what Powell said about economic effects of Trump’s tariffs
At the 2025 Jackson Hole Symposium, Fed Chair Jerome Powell addressed the effects of President Trump’s tariffs on the US economy. He noted that the tariffs are already pushing up…
Trump threatens to fire Fed Governor Lisa Cook amid mortgage fraud allegations
President Donald Trump escalated his pressure campaign on the Federal Reserve Friday, vowing to fire Governor Lisa Cook if she does not resign. The threat comes amid allegations of mortgage…
Canada rolls back retaliatory tariffs, moves toward calmer US trade relations
Canada is set to remove a number of retaliatory tariffs on US goods, a move that comes after months of rising trade tension with Washington. As per a Bloomberg report,…
Evening roundup: Powell lifts markets, Canada softens tariffs, Trump eyes $2B for DC
From Wall Street’s surge on Powell’s rate-cut hints to Canada’s softer line on US tariffs and Donald Trump’s push for $2 billion to overhaul Washington, it’s been a busy day…
Why is Spain’s economy doing well?
Spain is emerging as one of Europe’s strongest economic performers, outpacing its larger neighbours with robust growth driven by tourism, foreign investment, immigration, and renewable energy advantages. The southern European…
Why Japanese carmakers are not raising prices in US
Despite claims from the Trump administration, major Japanese automakers have not increased prices in the US in response to imposed tariffs, according to a CNBC report.This strategic shift follows a…
Who’s really winning the US-China tech war?
The “tech war” between the US and China has not stopped. But you won’t find the latest updates in press conferences or server halls. You will find them in factories…
Seoul’s defense contributions and alliance modernisation in focus at US summit
US President Donald Trump and South Korean President Lee Jae Myung are set to hold their first summit meeting in Washington on Monday. This follows last month’s trade deal, which reduced…
Morning brief: Beijing’s jab at Washington, Nvidia’s setback, Musk courts Zuckerberg
A busy night in global affairs saw Beijing sharpen its rhetoric ahead of hosting world leaders, Nvidia forced to pause a key chip rollout under Chinese scrutiny, and Elon Musk…