Tag - global-economy

 
 

GLOBAL ECONOMY

U.S. President Donald Trump signs an executive order in the Oval Office on Wednesday. His push for quick wins through tariffs and other measures is risking trade turmoil with key allies like Japan.
COMMENTARY / World / Geoeconomic Briefing
Apr 28, 2025
Is there a method behind the Trumponomics madness?
Washington’s policies are treading and often crossing a fine line between political jostling and economic strategizing.
Digital screens at Piccadilly Circus display an advertisement for the Jaguar Type 00 concept car in London on Dec. 5, 2024.
BUSINESS / Economy
Apr 28, 2025
Advertising giants brace for tariff-induced cuts to ad spending
The car industry, one of the sectors most vulnerable to a trade war, is likely to lead the way in curtailing ad spend.
World Bank Group President Ajay Banga speaks during an interview at the IMF-World Bank Group spring meetings at IMF headquarters in Washington on Friday.
BUSINESS / Economy
Apr 26, 2025
Developing countries should fast-track U.S. trade deals, World Bank chief says
"You need to negotiate trade systems with the U.S. at the earliest possible (opportunity)," Ajay Banga said. "If you delay, it hurts everyone."
Without a coordinated international response to U.S. President Donald Trump's tariffs, growing uncertainty could lead to a fragmented global economy marked by slower growth and chronic instability.
COMMENTARY / World
Apr 25, 2025
Trump’s tariff chaos could reverse 80 years of economic progress
U.S. President Donald Trump’s trade policies are undermining the rules-based system established after World War II.
U.S. President Donald Trump speaks at the White House in Washington on Thursday.
BUSINESS / Economy
Apr 25, 2025
Trump’s trade whiplash sinks world into dreaded ‘uncertainty’
"The worry I hear more often is actually not even tariffs, it is uncertainty,” IMF Managing Director Kristalina Georgieva told reporters Thursday. "Let’s have clarity.”
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during an event in Chicago earlier this month.
BUSINESS / Economy
Apr 24, 2025
Federal Reserve at a policy and political crossroads poses global risks
A divergence between the Fed and other central banks could stress dollar funding markets and make financing more expensive for less-developed countries.
A worker labors on a spinning machine at a factory in Solo, Central Java, Indonesia in September 2019. For Indonesia, China’s trade power means lost jobs and hard choices.
COMMENTARY / World
Apr 24, 2025
Asia would welcome trade deals that exclude China
The real cost to developing countries of China’s trade practices runs deeper: lost jobs can be counted, but missed opportunities can’t.
U.S. Federal Reserve Board Chairman Jerome Powell holds a news conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington last September.
BUSINESS / Economy
Apr 23, 2025
Trump says he has no intention of firing Fed chief Jerome Powell
Trump’s National Economic Council Director Kevin Hassett on Friday said the president was studying the question of whether he’s able to sack Powell.
Tiangong Ultra, a humanoid robot, crosses the finish line after securing the first position during the E-Town Humanoid Robot Half Marathon in Beijing on Saturday.
COMMENTARY / World
Apr 22, 2025
All hail the rise of the humanoid robots
Robotics is another of the critical emerging technologies, mastery of which will be central to 21st-century economic leadership.
A monitor displays stock market information on the floor of the New York Stock Exchange (NYSE) on Monday.
BUSINESS / Economy
Apr 22, 2025
U.S. assets slump again as Trump sharpens attack on Fed chief
Trump called Jerome Powell a 'loser' for not cutting interest rates, underscoring questions about whether the U.S. President will try to fire Powell.
U.S. President Donald Trump announces tariffs on several countries during a press conference on April 2.
BUSINESS / Markets
Apr 21, 2025
World’s economic chiefs to face Trump’s trade war in Washington
Finance chiefs want an off-ramp from the worst global trade crisis in a century. This week they’re heading toward its epicenter.
Global trade, energy and financial networks are increasingly being leveraged as strategic tools by nations, with supply chains, shipping routes and financial systems becoming potential points of conflict.
COMMENTARY / World
Apr 21, 2025
How much 'weaponization' can the global economy take?
Global trade, energy and financial networks are increasingly being leveraged as strategic tools by nations.
Tariffs, and the risk they pose to both the economy and inflation, have been the focus of global attention.
BUSINESS / Economy
Apr 20, 2025
First shock waves of Trump’s tariffs are about to hit the world economy
The International Monetary Fund (IMF) is set to lower its outlook for economic growth in new projections released on Tuesday.
U.S. Federal Reserve Chair Jerome Powell speaks during a news conference, in Washington in January.
BUSINESS / Economy / FOCUS
Apr 19, 2025
Trump goes to war with the Fed
The U.S. president has threatened to take the unprecedented step of ousting the head of the fiercely independent central bank.
Canada is standing up to American tariffs and territorial threats. The “Buy Canadian” movement has erupted and the country is brimming with expressions of patriotic zeal that are reshuffling the deck in an upcoming election for the next prime minister.
COMMENTARY / World
Apr 18, 2025
Is this Canada’s moment?
Washington's tariffs and territorial threats have ignited Canadian unity and resolve, reshaping the upcoming vote to choose who will lead Ottawa through the geopolitical storm.
Kristalina Georgieva, managing director of the International Monetary Fund, speaks at the IMF headquarters in Washington on Thursday.
BUSINESS / Economy
Apr 18, 2025
World economy likely to avoid recession despite tariffs, IMF chief says
Donald Trump's stop-start tariff have fueled levels of market volatility unseen since the COVID-19 pandemic.
A drone view shows a cargo ship at Kwai Tsing Container Terminals in Hong Kong on Wednesday.
BUSINESS / Economy
Apr 17, 2025
U.S. looks to box in China by recruiting other trading partners
Washington is set to ask nations to limit Beijing’s might when they negotiate tariffs.
Donald Trump’s punitive tariffs have dealt a blow to U.S. credibility and the greenback. It’s a bigger leap to project the currency's demise.
COMMENTARY / World
Apr 16, 2025
King dollar’s reign looks secure — for now
The greenback survived Trump's first term at the pinnacle and will likely endure his second.
The Canton Fair in Guangzhou, China, on Tuesday
BUSINESS / Economy
Apr 16, 2025
Ground zero of China trade boom reckons with decoupling from U.S.
"The China-U.S. relation is beyond salvation — this change of gears is irreversible,” said the China director at a political risk consultancy.
U.S. President Donald Trump and Prime Minister Shigeru Ishiba hold a news conference at the White House in Washington on Feb. 7. Tokyo's focus on economic strength to promote security contrasts with Washington's current era of unpredictability.
COMMENTARY / Japan
Apr 15, 2025
For real national security, try a Japanese perspective
Genuine national security starts from a strong economy, one that provides for its citizens, incentivizes growth, production and wealth, and invites foreign participation.

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A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami