Trade Rebalancing Efforts Underpin UBS’s Downbeat Global Growth Forecast
UBS’s latest global growth downgrade comes as the United States and China both signal a shift toward trade rebalancing. Analysis...
April 24, 2025Section
World-News
Tourist Massacre in Kashmir Fuels Diplomatic Crisis and Economic Risks for India and Pakistan
News agencies report that the April 22 attack in Pahalgam Kashmir killed 26 tourists with 25 Indians and one Nepali....
April 24, 2025
March U.S. Durable Goods Orders Jump 9.2%, Highest Since 2014; Yearly Growth Approaches 12%
The US Census Bureau reported that new orders for durable goods in the United States jumped 9.2% in March 2025....
April 24, 2025
Twelve U.S. States Challenge Trump’s Tariffs, Citing Economic Turmoil and Legal Overreach
On April 23, 2025, twelve U.S. states filed a lawsuit in the U.S. Court of International Trade, seeking to stop...
April 24, 2025
Trump Media Bets Big on Crypto ETFs to Diversify and Survive
On April 22, 2025, Trump Media & Technology Group (TMTG) announced a binding deal with Crypto.com and Yorkville America Digital...
April 24, 2025
Eurozone Economy Grinds to Halt as Services Slump Offsets Factory Resilience
HCOB and S&P Global’s latest Purchasing Managers’ Index data reveals the eurozone economy teetered on stagnation in April, with the...
April 24, 2025
China Rejects US Trade Negotiations Under Threat, Demands Equal Dialogue
The Chinese Ministry of Commerce declared Wednesday it remains open to resolving tariff disputes with the United States. Analysis from...
April 23, 2025
Japan’s Economy Rebounds in April as Services Offset Manufacturing Slump
Japan’s private sector returned to growth in April, with the composite Purchasing Managers’ Index (PMI) rising to 51.1 from March’s...
April 23, 2025
Trump Pressures Fed for Rate Cuts but Affirms Powell’s Position
President Donald Trump clarified Tuesday he will not dismiss Federal Reserve Chair Jerome Powell despite escalating demands for immediate interest...
April 23, 2025