China’s presence at Davos is muted this year as it navigates Trump’s tariff threats China Takes a Softer Approach at Davos Amid Trump Tariff Concerns Davos: Back in 2017, Xi Jinping made a big splash at the World Economic Forum, speaking against protectionism right after Trump’s election. Fast forward to now, and things are a…
Trump’s proposed tariffs on Mexico could significantly impact trade and the economy, raising concerns about recession and inflation. What Would Trump Tariffs Mean for Mexico’s Economy and Trade Relations Mexico: So, here’s the scoop. Trump is thinking about slapping a hefty 25% tariff on goods coming from Mexico starting February 1. Analysts are saying this…
The IMF has raised the UK’s growth forecast, but support for Reeves’ budget remains lukewarm amid economic challenges IMF Offers Tepid Support to Reeves as UK Growth Forecasts Improve Slightly London: The International Monetary Fund has given Rachel Reeves a bit of a boost, but it’s not exactly a standing ovation. They’ve upped the UK’s…
Strategists suggest Trump’s proposed tariffs may serve as leverage in trade negotiations, easing fears of a global trade war. Trump’s Tariff Strategy Seen as Potential Negotiation Tactic by Experts Bengaluru: So, it looks like investors are getting a bit anxious about a potential trade war with Trump back in the White House. Some economists think…
US industrial production rose more than expected in December, signaling a recovery in manufacturing after a tough two years US Industrial Output Surpasses Expectations as Manufacturing Shows Signs of Recovery Chicago: So, guess what? US industrial production took a nice leap in December, rising by 0.9%. That’s more than what folks were expecting! This boost…
The EU and Mexico have reached a new trade deal as Trump threatens tariffs, aiming to enhance trade and economic security. EU and Mexico Finalize Trade Agreement Amid Trump’s Tariff Threats Mexico City: The European Union and Mexico have just struck a new free-trade agreement. This comes at a time when both are feeling the…
IMF’s Gourinchas cautions that Trump’s policies could lead to rising inflation in the US economy Trump’s Economic Plans May Spark Inflation, Warns IMF Chief Economist Washington: So, the IMF’s chief economist, Pierre-Olivier Gourinchas, just dropped some serious thoughts on Trump’s economic plans. He believes that if Trump goes ahead with his ideas to raise tariffs…
The IMF has raised its UK growth forecast, highlighting Labour’s spending plans while cautioning against Trump’s proposed economic policies. IMF Boosts UK Growth Outlook While Criticizing Trump’s Economic Plans London: The International Monetary Fund has just upgraded its growth forecast for the UK. They’re saying the economy could grow by 1.6% in 2025, which is…
LVMH has reclaimed its position as Europe’s top stock, surpassing Novo Nordisk after a significant drop in the latter’s shares. LVMH Takes Back Title of Europe’s Most Valuable Stock from Novo Nordisk Paris: So, LVMH is back on top as Europe’s most valuable stock, taking the crown from Novo Nordisk after a tough year. It’s…
The IMF has revised its growth forecast for the UK, predicting a 1.6% increase this year after a disappointing 2024. UK Economy Expected to Grow by 1.6% This Year, Says IMF Report London: The UK economy is looking a bit brighter this year, according to the IMF. They’ve bumped up their growth forecast to 1.6%…
