Economy
The Prelude: Promises of Trade Protection Amidst growing economic nationalistic sentiments, President Donald Trump vowed to erect stronger economic barriers using tariffs as his weapon of choice. These promises quickly transformed from rhetoric into an aggressive trade strategy, disrupting longstanding global trade practices. Threats and Actions: The Initial Salvo The
Economy
In a bold move reminiscent of revolutionary proclamations, President Trump declared a national emergency to usher in the “Liberation Day” tariffs. On April 2, 2025, Americans awoke to a landscape transformed by economic decisiveness — a pivot towards independence and industrial revival. A New Dawn of Tariffs Gone are the days
Economy
Donald Trump, the former U.S. president, recently made bold assertions that his tariffs would deliver over a trillion dollars in revenue for the country. Yet, economists and analysts have sounded the alarm, casting doubt on these optimistic figures. They caution that the true impact could be higher prices for
Economy
When tariffs turn into taxes, the burden distribution weighs heavy, and voters are keenly observing the new economic landscape. As additional tariffs declared by President Donald Trump on April 2, classified as “Liberation Day,” unfold, the true ramifications are becoming ever more apparent. A Closer Look at the Tariff Turbulence
Economy
In an inspiring turn of events, Japan’s stock markets witnessed a robust rise as they followed the positive cues from Wall Street. With the Nikkei 225 Index soaring by 0.4% to breach the landmark 35,700 and the broader Topix Index climbing 0.8% to reach 2,680,
Economy
The Looming Economic Tsunami Asian economies are in the throes of a colossal test as President Donald Trump’s renewed tariffs unleash disruption across a region historically tied to exports. This era-defining challenge not only targets China but also places Vietnam, South Korea, Japan, and India under scrutiny for imposing
Economy
Introduction: A Beacon of Stability In an inspiring move towards economic stability, Governor Seyi Makinde of Oyo State proudly announced the successful impact of a strategic financial measure— the monthly payment of N24 billion in salaries to state and local government employees. This approach has reportedly not only secured the
Economy
The economic winds in Nepal are shifting dramatically, and nowhere is this change more evident than in the bustling heart of Kathmandu. The city is caught in a vibrant mix of financial highs and lows, each painting a slice of Nepal’s complex economic portrait. Gold Glitters at Unprecedented Prices
Economy
In a surprising maneuver, the US administration under President Donald Trump has reportedly made bold demands from Ukraine, aiming for significant control over its key economic sectors. As stated in Mehr News Agency, a draft document has allegedly been sent to Kiev, proposing an agreement that places Washington at the
Economy
In a dramatic slide that has left investors on edge, the S&P/TSX Composite Index saw a notable fall of 1.6% to land at 24,759 by the end of the week. This decline reversed any gains made earlier, marking a somber 0.8% decrease for the
Economy
Understanding the intricate dance of economic terms can feel like learning a new language. At St. Olaf College, Associate Professor Allison Luedtke demystifies this complex area, offering insights into what key economic indicators mean in our daily lives. With fluctuating tariffs and economic shifts, being informed is more crucial than
Economy
In a remarkable comeback, Brent crude oil futures have edged up by 0.3% to settle just above the $74 per barrel milestone. This rise builds upon previous gains, and it comes as traders around the globe reassess the dynamics of tightening crude supplies amid looming economic uncertainties. The Impact