The Brazilian president Luiz Inacio Lula da Silva announced an impending trade deal with the US, following commitments from the president Donald Trump. Lula mentions Brazil’s strategic role President Lula revealed during a briefing at the ASEAN summit in Malaysia that Trump had “guaranteed” his word on a trade deal between the two countries, Reuters […]
Former President Donald Trump has arrived in Japan for talks with the newly appointed Prime Minister Sanae Takaichi. The visit marks Takaichi’s attempt to build a personal bond with Trump to help ease trade tensions — and at the heart of that plan could be vehicles from Ford Motor Company (NYSE:F). Trump says Japan’s new […]
President Donald Trump warned that the U.S. economy would face significant challenges if the Supreme Court rules against most of the tariffs imposed this year. Trump underlines the revenue and leverage of tariffs Trump, in an interview with Maria Bartiromo on ‘Sunday Morning Futures’ highlighted the importance of tariffs for both revenues and diplomatic clout. […]
It was an eventful week in the business and political world. Here’s a quick look at the top stories you may have missed. Trump’s ‘Liberation Day’ tariffs are counterproductive, the silence in China speaks volumes Nobel Prize-winning economist Paul Krugman has warned that the “Liberation Day” tariffs were imposed by the former president Donald Trump […]
While much attention is often paid to foreign ownership of U.S. debt, new analysis shows that the Federal Reserve has been the top seller of U.S. Treasury bonds over the past three years. The central bank has reduced its assets by as much as $1.5 trillion since May 31, 2022, a move that dwarfs the […]
The Japanese Nikkei 225 index rose to a record high on Monday, after the election of Sanae Takaichi As the new leader of the prevailing liberal Democratic Party (LDP). Nikkei gets record high as a Takaichi ready for PM -roll The Nikkei 225 index rose by more than 4% to reach a record high after […]
Ford Motor Co. (NYSE: F) CEO Jim Farley Says that there is a shortage of mechanics and repair technicians in the US as users on social media emphasize a debt problem. Deficits of 400,000 repair technician, the average repair time is two weeks Farley, in one interview With Yahoo Finance last week, said that Michigan, […]
American population growth is expected to decrease faster than previously projected as a result of president Donald Trump’s Immigration policy, according to the Congressional Budget Office. Trump’s immigration law reduces workforce, GDP growth The updated demographic prospects of the CBO, which was released on Wednesday, predicts that the US will experience more deaths than births […]
American Minister of Finance Scott Betting escalated his criticism of the Federal Reserve on Friday, and insisted on major reforms and accused the central bank of stimulating inflation and inequality while president Donald Trump weighs successors to give chairman Jerome Powell. Bessent calls for the revision of Fed’s Powers In an OP-ED for the Wall […]
Turkish annual economic Growth performed better than Europe’s greatest economies, who beat predictions in the second quarter, Driven by The construction and IT sectors. The gross domestic domestic product of the second quarter (GDP) increased by 4.8%, compared to a to predictT of 3.8%, the Turkish Statistical Institute said On Monday. GDP growth-Kwartaal-on-Kwartaal also beats […]