Economy - News

Mexico Imposes 50% Tariff on Chinese Cars Amid US Pressure

Sep 11, 2025 00:49 Economy 41

Mexico will impose a 50% tariff on Chinese-made cars, a move heavily influenced by pressure from the United States. The Financial Times reported that this decision is part of a broader effort to reduc...

End of Pax Britannica: Global Order Faces Challenges Amidst Rising Powers

Sep 11, 2025 00:42 Economy 37

The era of British dominance, known as Pax Britannica, is drawing to a close, signaling a significant shift in the global order and power dynamics.

For nearly a century, Great Britain exerted unparal...

Dimon Warns of Economic Headwinds, Citing Inflation and Geopolitical Tensions

Sep 11, 2025 00:38 Economy 40

JPMorgan Chase CEO Jamie Dimon has issued a warning about the United States' economic outlook, citing persistent inflation and escalating geopolitical tensions as significant headwinds. Dimon's cautio...

Carney Warns of Global Economic "Rupture," Cites Inflation and Geopolitical Risks

Sep 11, 2025 00:17 Economy 40

Mark Carney, former Governor of the Bank of England and the Bank of Canada, has issued a stark warning about the current state of the global economy, describing it as experiencing a "rupture." Speakin...

Europe's Economy Shows Tentative Signs of Recovery After Prolonged Slump

Sep 11, 2025 00:02 Economy 68

Europe's economy is finally showing flickers of life after a prolonged period of stagnation, according to recent data and analysis from The Economist. While not a full-blown boom, the subtle improveme...

Sustainable Ocean Economy Transformation Requires Skilled Workforce, New Report Says

Sep 11, 2025 00:00 Economy 75

Ocean economy poised for a major sustainable shift, but workforce readiness is key to success. A new report by Earth.Org highlights the urgent need for investment in training and education to ensure a...

OECD Launches Interim Economic Outlook, Cites Persistent Inflation Concerns

Sep 10, 2025 23:43 Economy 15

The Organization for Economic Cooperation and Development (OECD) has released its Interim Economic Outlook, painting a picture of sluggish global growth hampered by persistent inflation and geopolitic...

Insurance Sector Faces Unprecedented Challenges Amid Global Polycrisis

Sep 10, 2025 23:16 Economy 15

The insurance industry is navigating an increasingly complex and volatile global landscape, grappling with the cascading effects of what experts are calling a “polycrisis.” This confluence of intercon...

Oracle's Ellison Briefly Overtakes Musk as World's Richest Person: Report

Sep 10, 2025 23:03 Economy 12

Larry Ellison Briefly Surpasses Elon Musk as World's Richest Man

Oracle co-founder Larry Ellison briefly surpassed Tesla CEO Elon Musk to become the world's richest person, according to a report by A...

Trump's Tariffs Haven't Crippled US and Global Economy: Here's Why

Sep 10, 2025 22:45 Economy 40

Despite former President Trump's implementation of tariffs during his administration, the United States and the global economy have largely remained resilient. This unexpected outcome has prompted eco...