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Transatlantic Energy Tensions Surface as Washington Pushes Back on EU Climate Rules 12/15/2025

State Capitalism Recast as Security Policy in Washington 12/15/2025

Cooling Inflation Masks a Deeper Strain as High Costs Keep Pressuring American Households 12/13/2025

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Economics

Bank of Japan keeps the rate unchanged, plans to cut purchases of government securities

The Bank of Japan decided to maintain the current key interest rate. According to a statement from the Japanese Central Bank, commercial banks' short-term interest rates on deposits continued to vary between 0% and 0.1% annually. Experts anticipated that the rate would not change. The Central...

Stellantis to move electric car production from China as part of JV with Leapmotor

The automotive company Stellantis will shift some of its production of electric vehicles from China to Europe in the event that more taxes are levied on Chinese-made automobile imports into the European Union. Stellantis CEO Carlos Tavares told investors during a meeting that the company is...

US Business Associations Want A Hearing On Biden's Proposed Tariff Rise On China

Numerous pro-trade American industry associations have requested an extension of one month for the Biden administration to provide feedback on their intentions to apply higher tariffs to Chinese imports of solar equipment, electric cars, batteries, and other items. This basically means that the...

New Projections Suggest The US Fed Is Abandoning The Election Cycle

It appears that the U.S. Federal Reserve has removed itself from the limelight of the presidential campaign, as new projections indicate that interest rate reduction are unlikely to occur until after Election Day. The benchmark interest rate was left at 5.25%–5.50% on Wednesday by central...

US Labour Market Is Similar To Pre-Pandemic Conditions, According To Yellen

On Thursday, U.S. Treasury Secretary Janet Yellen stated that slower pay growth is not a danger to drive up inflation and that the current state of employment in the country is beginning to resemble the labour market before the COVID-19 epidemic. The job market has slightly cooled off and...

August Could See A Rate Decrease By The Bank Of England, With At Least One More This Year

All but two of the 65 economists surveyed by Reuters predict that the Bank of England will begin reducing interest rates in August, and most of them anticipate at least one more decrease this year despite stubbornly strong inflation in wages and services. In order to combat rising pricing...

EU Will Impose Additional Levies Of Up To 38% On Chinese EVs

The European Commission notified manufacturers that starting in July, it will levy additional taxes of up to 38.1% on Chinese electric vehicles imported into the country. China denounced this decision as protectionist, but the auto industry dismissed it as having little bearing. In less...

IEA projects global clean energy spending to grow to $2 trillion in 2024

The International Energy Agency has projected that global spending on clean energy technology and infrastructure will exceed $2 trillion in 2024, despite the fact that increased financing costs deter new projects, particularly in emerging and developing nations. According to the IEA study, these...

Russia Conducting 40% Of Trade In Rubles Since West Cut Off Moscow – Claims Putin

Vladimir Putin, the president of Russia, stated on Friday that the percentage of commerce that takes place in rubles has risen to over 40% from dollars, euros, and other "non-friendly" Western currencies. Speaking at the St. Petersburg International Economic Forum (SPIEF), Putin stated...

The Game Of Cricket In The US Seeing Investments From Tech Ceos Like Nadella, And Narayen

While cricket may not be as well-liked in the United States as it is in other countries, a number of well-known investors and CEOs are working to alter that. An estimated $1 billion has been invested by investors in the United States as their enthusiasm for the Men's T20 Cricket World Cup, which...