Economics

UK Economy Accelerates into 2025 on Pre-Tax and Tariff Investment Surge

Britain’s economy roared into 2025 with an unexpectedly strong performance in the first quarter, expanding by 0.7 percent between January and March—well above City forecasts—and underscoring a burst of activity
Published on May 15, 2025
By Debdutta Ghosh

Euro Zone Growth Downgraded Amid Trade Uncertainty, Policy Headwinds and Slowing Demand

Eurostat’s revised data for the first quarter of 2025 show the euro area economy expanding by just 0.3 percent—down from an earlier estimate of 0.4 percent—and underscore growing concerns that
Published on May 15, 2025
By Debdutta Ghosh

APEC Flags Sluggish Asia-Pacific Trade Amid Tariff Storm, China’s Response in Focus

Asia-Pacific Economic Cooperation (APEC) ministers and senior trade officials gathered on Jeju Island, South Korea, this week to confront mounting evidence that new U.S. import levies are choking off regional
Published on May 15, 2025
By Debdutta Ghosh

EU-Commissioned Study Warns Russian Economy Falters Beneath Kremlin’s Official Claims

European Union finance ministers were presented with a stark assessment this week: Russia’s economy is deteriorating far more rapidly than Moscow’s official figures suggest. Commissioned by the EU and authored
Published on May 14, 2025
By Debdutta Ghosh

Share of overdue loans in the US hits 5 years maximum in Q1

The proportion of overdue consumer loans in the US increased in the first quarter, reaching its highest point in five years because of the restart of student loan data release.
Published on May 14, 2025
By Iris Barker

U.S. Slashes China ‘De Minimis’ Tariff to 54% as Trade Truce Takes Effect

In a dramatic pivot in its trade policy, the United States will reduce the “de minimis” duty on low-value parcels from China to 54 percent of declared value—down from the
Published on May 13, 2025
By Debdutta Ghosh

Geneva Summit: How the US and China Engineered a 90-Day Tariff Truce

In a dramatic shift from the combative rhetoric that has defined their recent trade clashes, senior U.S. and Chinese negotiators emerged from back-to-back sessions in Geneva with a landmark interim
Published on May 12, 2025
By Debdutta Ghosh

Markets Rally on US–China 90-Day Tariff Pause as Investors Brace for Protracted Talks

Global markets surged on Monday as Washington and Beijing announced a provisional halt in their escalating tariff conflict, prompting a wave of investor optimism tempered by caution over the path
Published on May 12, 2025
By Debdutta Ghosh

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,
Published on May 11, 2025
By Debdutta Ghosh

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.
Published on May 8, 2025
By Iris Barker

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…
Published on May 7, 2025
By Iris Barker

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.
Published on May 6, 2025
By Debdutta Ghosh

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
Published on May 6, 2025
By Debdutta Ghosh

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.
Published on May 6, 2025
By Iris Barker

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…
Published on May 5, 2025
By Iris Barker

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…
Published on May 2, 2025
By Iris Barker

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
Published on April 29, 2025
By Debdutta Ghosh

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
Published on April 28, 2025
By Debdutta Ghosh

Americans Fear Repetition of 2008 Financial Crisis as Tariff War Intensifies

A surge in tariffs announced in April has triggered waves of economic anxiety across the United States, with households, businesses and investors increasingly drawing parallels to the 2008 financial crisis.
Published on April 28, 2025
By Debdutta Ghosh

U.S. Tariffs Force Chinese Factories to Halt Production and Hunt for New Markets

Chinese factories in some of the country’s largest export hubs are suspending production, furloughing workers and urgently pursuing alternative sales channels as sweeping U.S. tariffs take effect. Executives and industry
Published on April 28, 2025
By Debdutta Ghosh

Global Trade Uncertainty is Amplified Conflicting Trade Negotiations Statements Between US and China

Late last week, President Trump told TIME magazine—and reiterated to reporters departing the White House for Rome—that formal discussions with Chinese counterparts on tariff reductions were already in motion and
Published on April 26, 2025
By Debdutta Ghosh

Emerging Markets Bank on Post-Tariff Upside as Trade War Drives Strategic Shift

Emerging-market economies across Asia, Latin America and beyond are confronting a sudden escalation of U.S. import duties, prompting a fundamental rethinking of their growth models and trade partnerships. In early
Published on April 26, 2025
By Debdutta Ghosh

Americans’ Economic Confidence Wanes Amid Trade Turmoil and Policy Uncertainty, Shows Recent Poll

As President Trump nears his 100th day in office, the initial optimism that greeted his bold economic agenda has given way to growing public unease. A combination of escalating tariffs,
Published on April 24, 2025
By Debdutta Ghosh

IMF Downgrades Global Growth Forecast Amid Intensifying U.S. Tariff Disputes

The International Monetary Fund (IMF) has revised its global growth forecast downward, projecting a 2.8% expansion in 2025, a significant drop from the 3.3% anticipated earlier. This adjustment reflects the
Published on April 23, 2025
By Debdutta Ghosh

Trump Reassures on Powell’s Position: Calm After the Storm in Financial Circles

President Donald Trump’s recent statement that he has “no intention of firing” Federal Reserve Chair Jerome Powell marks a notable shift in tone after months of criticism directed at the
Published on April 23, 2025
By Debdutta Ghosh

Bank of England is advised to consider smaller QE in the face of future shocks

Megan Greene, a member of the UK central bank's Monetary Policy Committee (MPC), informed Bloomberg that the Bank of England ought to implement quantitative easing (QE) on a reduced scale…
Published on April 23, 2025
By Iris Barker

Japan’s Economic Outlook Dims Amid Escalating U.S. Tariffs

The International Monetary Fund (IMF) has revised Japan’s economic growth projections downward, highlighting the challenges facing the nation’s economy. The IMF now anticipates Japan’s Gross Domestic Product (GDP) to expand
Published on April 22, 2025
By Debdutta Ghosh

Global Economy Under Strain as IMF Slashes Growth Forecasts Amid Surging U.S. Tariffs

The International Monetary Fund has sharply lowered its global growth forecast for 2025, projecting a slowdown to 2.8%—a 0.5 percentage point cut from its previous estimate. The revision comes in
Published on April 22, 2025
By Debdutta Ghosh

Head of Chicago Fed expects US economic activity to slump in summer

Austan Goolsbee, President of the Federal Reserve Bank of Chicago, cautioned that economic activity in the United States may decline this summer due to its current inflated levels, as businesses…
Published on April 22, 2025
By Iris Barker

Foreign direct investment in China rise by 13.2 per cent in March

According to China's Ministry of Commerce, foreign direct investment (FDI) in mainland China's economy increased by 13.2 percent in March 2025 compared to the same month in the previous year.
Published on April 22, 2025
By Iris Barker

ECB head notes Eurozone economy growth in Q1

The economy of the Eurozone probably expanded in the first quarter, stated European Central Bank (ECB) Governor Christine Lagarde during a press conference after the regulator's April meeting.
Published on April 20, 2025
By Iris Barker

JD Vance’s India Visit: Strengthening Economic and Strategic Ties Amid Global Shifts

U.S. Vice President JD Vance’s four-day visit to India marks a significant step in bolstering economic, trade, and geopolitical relations between the two nations. This diplomatic engagement comes at a
Published on April 20, 2025
By Debdutta Ghosh

Trump’s Economic Approval Hits Historic Low Amid Rising Recession Fears

President Donald Trump’s economic approval rating has reached its lowest point since he took office, marking the first time it has slipped into negative territory in any CNBC poll. This
Published on April 20, 2025
By Debdutta Ghosh

Yin‑Yang Diplomacy Meets Tariff Warfare: Beijing’s Dual Message to Washington

China’s top envoy to the United States invoked the ancient yin‑yang philosophy to recast bilateral ties as a delicate equilibrium rather than a direct showdown. He urged both nations to
Published on April 20, 2025
By Debdutta Ghosh

Ukraine’s Race Against Time: Mining Deal Deadline Brings Promise and Peril

Kyiv and Washington have set an ambitious April 26 deadline to finalize a minerals exploitation agreement that would grant the United States privileged access to Ukraine’s rich deposits in exchange
Published on April 18, 2025
By Debdutta Ghosh

Trump Hints at Tariff De-escalation as TikTok Divestiture Remains Paused

President Trump’s remarks this week signaled a potential de‑escalation in the U.S.–China tariff standoff as he expressed reluctance to push duties higher amid mounting signs of weakening consumer demand and
Published on April 18, 2025
By Debdutta Ghosh

IMF Head: Global trading system is resetting

Kristalina Georgieva, the leader of the International Monetary Fund (IMF), stated that the reset of the global trade system presents threats to its viability. She stated that this outcome has…
Published on April 17, 2025
By Iris Barker

ECB Slashes Rates as Trade Tariffs Deepen Eurozone Slowdown

The European Central Bank lowered its deposit rate by 25 basis points to 2.25%, marking the seventh easing move in twelve months. This decision highlights mounting unease within the Governing
Published on April 17, 2025
By Debdutta Ghosh

Tariff Turmoil Pushes U.S. Recession Risk to 45% – Reuters Poll

Economists’ median estimate for a U.S. recession over the next 12 months has leapt to 45%, marking the highest reading since December 2023. This dramatic uptick reflects mounting anxiety over
Published on April 17, 2025
By Debdutta Ghosh

China’s economy grows by 5.4% in Q1

China's GDP for the first quarter of 2025 increased by 5.4% compared to the previous year, reaching 31.88 trillion yuan ($4.42 trillion). A preliminary estimate of this kind was issued…
Published on April 16, 2025
By Iris Barker

Tokyo Pushes for Tariff Relief as Trade Talks with Washington Loom

As Japan prepares for high-stakes trade negotiations with the United States, it has made clear that securing the complete removal of additional U.S. tariffs is at the top of its
Published on April 15, 2025
By Debdutta Ghosh

Argentina’s Peso Enters New Era with Currency Overhaul and Bold Economic Reforms

Argentina has embarked on a dramatic shift in its monetary policy by overhauling its long-standing currency control regime. The government’s move to adopt a managed floating exchange rate system marks
Published on April 14, 2025
By Debdutta Ghosh

Tokyo Holds the Line: Japan Resists U.S. Pressure in High-Stakes Tariff Talks

Prime Minister Shigeru Ishiba has made it clear that Japan will not be rushed into a deal or pressured into making major trade concessions during upcoming negotiations with the United
Published on April 14, 2025
By Debdutta Ghosh

Brazil’s inflation in March hits two-year high, grows further

According to the state statistics agency IBGE, Brazil's consumer price growth rate increased to 5.48% in March, up from 5.06% in February, marking its highest level since February 2023.
Published on April 13, 2025
By Iris Barker

From Courting to Defiance: China’s Trade Posture Transformation

In the early stages of the trade dispute, China took a measured approach with the Trump administration, seeking a foundation for cooperation and mutual benefit. High-level engagements were actively pursued,
Published on April 13, 2025
By Debdutta Ghosh

Trump Exempts Key Electronics from China’s Tariffs

President Trump’s administration recently announced that smartphones, computers, and several other electronics imported predominantly from China would be spared from the steep tariffs that have long disrupted global trade. This
Published on April 13, 2025
By Debdutta Ghosh

China Retaliates in Trump’s Trade War: Escalation of Trade War

China’s recent decision to raise tariffs on U.S. imports to 125% marks a significant intensification in the ongoing trade conflict. This aggressive move was launched as a direct countermeasure to
Published on April 12, 2025
By Debdutta Ghosh

Trump Administration’s 90 Deals in 90 Days: Overambitious Targets and Rising Concerns**

The Trump administration’s goal to secure 90 trade deals in 90 days is an exceptionally bold target. The plan promises a dramatic reshaping of U.S. trade policy, aiming to tackle
Published on April 12, 2025
By Debdutta Ghosh

EU Gears Up During 90-Day Tariff Pause: Bracing for U.S. Measures and Economic Impact

The recent decision by the United States to impose a 90-day suspension on additional tariff hikes has provided the European Union with an unprecedented window for strategic negotiation and preparation.
Published on April 11, 2025
By Debdutta Ghosh

China’s Fiery Retort to U.S. Tariffs Amid Growing Recession Fears

In a dramatic escalation in global trade conflicts, Beijing has sharply increased tariffs on U.S. imports in direct response to recent tariff hikes by the Trump administration. This bold move
Published on April 11, 2025
By Debdutta Ghosh