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The United States impose 25% tariff on import of "certain advanced chips" 01/16/2026

Tariffs as Leverage: How Trump Turned Greenland Into a Flashpoint for Trade, Power, and Alliance Politics 01/18/2026

Bondholders sue Oracle for devaluation 01/16/2026

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Economics

S&P500 hits 3 months maximum

US stock indexes rose during trading on Tuesday, while the S&P 500 reached its highest level in the last 12 weeks, Trading Economics notes. Investors focused on the prospects of increasing business activity in connection with the weakening of quarantine measures, while concern about protests in the...

Japanese companies show strongest profit decline since 2009

Japanese corporations and companies showed the most powerful decline in revenue since 2009 in the first quarter of this year due to the situation with the novel coronavirus, when the country's economy suffered serious losses due to the global financial crisis. This is evidenced by data published on...

The U.S. Treasury Revamps Rules For Carbon 'Tax Credit'

Providing “developers and investors” with “the remaining critical information” on “carbon capture projects”. The Treasury of the U.S. has come out with guidelines for companies using “a federal tax credit” which has been created for spurring investment in “carbon capture and sequestration...

IMF Warns Stock Markets Paying Least Attention To Climate Crisis

The International Monetary Fund has warned that the increasing number of natural disasters that have taken place in the last 50 years have been generally ignored by equity markets and there is immediate need of formulating tougher rules to make investors aware about the threat of climate change and...

EU Trade Commissioner Hogan Could Put Himself Up As Candidate Of WTO Chief

The spokesperson of Phil Hogan, trade commissioner of the European Union, has said that Hogan wants to put himself up as a candidate for the post of director-general of the World Trade Organization. The incumbent director-general of the WTO Roberto Azevedo has said he would step down a...

Saudi Arabia Transfers ‘$40 Billion’ To PIF

Saudi Arabia’s sovereign wealth fund tapped $40 billion from foreign reserves to fund overseas investments. In a statement Saudi Arabia’s finance minister stated, during the March to April period the Kingdom transferred a total of $40 billion (150 billion riyals) from central bank...

Latest Data Indicates Further Deepening Of Japan's Recession

There was a deeper than expected fall in the factory output in Japan in the month of April which was coupled with a plunge in retail sales which was deepest in more than 20 years. This was because of the impact of the novel coronavirus pandemic on the country’s economy as both foreign and domestic...

White House Will Not Release Economic Projections This Summer: Reports

According to news reports published in the United States, updated economic projections this summer will not be released by the White House officials this year which denotes a break from precedent. Critics have been estimating that the US economy is set to be pushed into a deep recession...

Job Loss For One In Four Workers In US Since Mid-March Due To Pandemic

While there is evidence that the worst outcome for the United States labor market could have passed, the tremendous amount of ground the labour market of the country has to cover in order reach pre-crisis levels is also becoming evident with every new bit of data and with each new batch of jobless...

Trump Wants To Scrap Or Weaken Law That Protects Social Media Platforms

United States President Donald Trump has often been criticised on social media platforms including Twitter and Facebook, and now Trump is set to introduce new legislation that could result in a law that has protected internet companies, getting scrapped or made weaker. Critics see this as an...