President Trump has admonished South Korea with a comprehensive and detailed plan to impose sweeping 25% tariffs on major exports across virtually all product categories, citing what he characterizes as …
Business
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Brussels has formally suspended the ratification of its trade agreement with the United States following President Trump’s linkage of tariff threats with his Greenland ambitions. European lawmakers have characterized this …
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Markets are bracing for a new trade war after the US threatened tariffs on European allies over the Greenland issue. While investors have often relied on the hope that such …
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The clock is ticking for Wall Street as Donald Trump has set a hard deadline of January 20 for banks to submit to a 10% interest rate cap. In a …
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Business
Banking System Reconstruction Needed Beyond Venezuela Supplying Oil to US Indefinitely
by admin477351Venezuela’s collapsed banking system requires fundamental reconstruction enabling economic activity beyond petroleum sector served by Venezuela supplying oil to the US indefinitely. Financial intermediation, payment systems, and credit markets need …
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President Trump’s bold announcement that American oil companies will invest billions in Venezuela has generated surprisingly little public support from industry leaders. Despite Trump’s enthusiastic descriptions of corporate readiness to …
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The global petroleum sector closed 2025 with its most severe yearly decline since the pandemic crisis, recording losses nearly 20% in magnitude. The oil industry confronts a never-before-seen phenomenon: three …
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Beijing has rolled out extensive sanctions against American defense companies following President Trump’s greenlight for the most substantial arms sale to Taiwan ever recorded. The measures target 20 US corporations …
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Beijing has rolled out extensive sanctions against American defense companies following President Trump’s greenlight for the most substantial arms sale to Taiwan ever recorded. The measures target 20 US corporations …
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Business
Domestic Production Adjustments Prove Insufficient Without Import Restrictions
by admin477351China has imposed provisional tariffs of 21.9% to 42.7% on select European Union dairy imports following an anti-subsidy investigation. The measures suggest China’s earlier domestic production adjustment policies proved insufficient …