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Global CO₂ Concentrations Surge to Record Highs, Intensifying the Planet’s Warming Trajectory 10/16/2025

Baker Hughes estimates $100 million in negative impact of trade tariffs this year 10/14/2025

Europe’s Slow Self-Driving Push Risks Technological Dependence, Warns Bolt CEO 10/17/2025

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Economics

Worsening Factory-Gate Deflation in China as Trade War Bites

China’s factory-gate deflation deepened in April as rising U.S. tariffs and a prolonged domestic slowdown intensified price pressures at the wholesale level. The Producer Price Index (PPI) fell 2.7% year-on-year, marking the steepest decline in six months, while consumer prices slipped for a third...

European Parliament approves rules to protect EU from foreign investment risks

On Thursday, the European Parliament (EP) approved updated regulations regarding “mitigating security threats from foreign investments,” according to the EP press office. The proposal received approval with 378 votes for, 173 opposed, and 24 abstaining. The EP communiqué stated that with the new...

Rapaport: U.S. tariffs are to blame for rise in polished diamond prices in April

The price index for polished diamonds weighing 1 carat increased by 0.7 percent in April, according to Rapaport, the organization that computes the industry benchmark known as the RapNet Diamond Index (RAPI). In February, the downward trend in prices switched, as the index increased for the first...

Tariffs and Tit-for-Tat: Can Trump Forge a Fair Trade Deal with China After Years of Trade War?

President Donald Trump has signaled that his administration is pursuing a “fair trade deal” with China, even as the legacy of a protracted trade war—with mutual tariffs of up to 145 percent on Chinese goods and 125 percent on U.S. exports—casts a long shadow over negotiations. Trump’s recent...

Non-U.S. Filmmakers Face Steep Costs and Disrupted Plans Under Trump’s 100% Foreign-Film Tariff

President Donald Trump’s proclamation of a 100% tariff on movies produced outside the United States has ignited alarm and uncertainty among non-U.S. filmmakers who rely on the lucrative American market. Announced via his social platform, Truth Social, the measure is aimed at countering what Trump...

Qatari sheikh's family office to invest $8.8bn to create financial hub in Maldives

The Financial Times reports that MBS Global Investments, a family office based in Dubai, plans to invest $8.8 billion over five years to establish a financial center in the Maldives. Moosa Zameer, the Finance Minister of the island nation, stated that substantial investments are essential for the...

Sources: OPEC+ to increase oil production by 411,000 bpd in June

The eight OPEC+ nations have once more chosen to hasten the elimination of previous voluntary limits on oil output of 2.2 million barrels per day (bpd) and to boost it by 411,000 bpd starting in June, according to two sources knowledgeable about the matter. The earlier plan anticipated an increase...

Pending home sales index in the U.S. in March hits maximum since 2023

The index of pending home sales in the U.S. secondary market increased by 6.1% in March compared to the previous month, reaching 76.5 points, according to the National Association of Realtors (NAR). The rise in the index in March was the highest since December 2023. Analysts, whose collective...

China says no talks with US on trade Tariffs Negating US Claims

China’s Foreign Ministry on Monday emphatically denied that any discussions are underway with the United States to resolve the escalating tariff dispute, directly contradicting repeated assertions by President Trump and senior administration officials. At the same time, an unexpected surge in the...

BOJ to Hold Rates Steady, Flags Risks from U.S. Tariffs

The Bank of Japan (BOJ) is poised to maintain its short-term policy rate at 0.5% at its April meeting, while signaling that escalating uncertainty from U.S. import duties threatens Japan’s fragile economic recovery and could delay further rate normalization. Lede: Steady Rates Amid Tariff...