China's undervalued yuan is driving the EU's trade deficit wider by making Chinese goods cheaper and undercutting European products. In response, Brussels is exploring tariffs and diplomatic talks to address this escalating imbalance
Browsing: economic policy
Canada's banking regulator has taken a bold and surprising step to unlock billions in fresh lending capacity, aiming to boost credit availability and ignite economic growth amid evolving market conditions, sources reveal
India's expanding cash transfer programs are providing vital lifelines to millions of families in need. However, the swift surge in these payments is putting significant pressure on government budgets, raising concerns about the long-term sustainability of this crucial support
The G7 Summit in France brings together the world's most influential leaders from seven leading economies, including U.S. President Joe Biden, UK Prime Minister Rishi Sunak, and France's President Emmanuel Macron, as they join forces to address urgent global challenges head-on
In a recent commentary, Daniel Conway passionately calls on America to boldly challenge China on the global stage rather than retreat. He emphasizes that innovation and resilience are the powerful engines propelling U.S. leadership into the future
Despite dire warnings from 108 top economists predicting economic disaster, Argentina's president-elect Javier Milei boldly challenges the status quo, sparking intense debate over his radical policies and the uncertain future they promise
Jacobins exposes the hidden toll of China's economic boom, uncovering brutal labor exploitation, devastating environmental damage, and skyrocketing inequality behind the nation's dazzling rise. This article challenges us to reconsider the real price of what many call a "miracle.
Mark Carney, the former Bank of England governor, is emerging as a dynamic leader in middle-power diplomacy, masterfully leveraging powerful platforms from Davos to the G7 to drive the future of global economic and climate policy
Reliance, Vedanta, and Adani have joined forces to power India's ambitious drive to reduce reliance on Chinese rare earth imports, sources told Reuters. Their mission: to boost domestic production and fortify critical supply chains amid escalating geopolitical tensions
The Bank of Japan has announced that Governor Kazuo Ueda has been hospitalized and will miss the upcoming policy meeting. The central bank has not yet released any further details about his condition
Former President Donald Trump announced he is "not looking to renew" the US-Mexico-Canada Agreement (USMCA), signaling potential major shifts in North American trade dynamics, The New York Times reports
China's Vice Premier is gearing up to join French President Macron's upcoming G7 call, a crucial move to address global trade imbalances. This signals Beijing's willingness to step into the conversation as economic tensions continue to rise, Bloomberg reports
Brazil is reportedly considering a bold move to cut tariffs on U.S. machinery in ongoing trade talks, aiming to spark industrial collaboration and boost bilateral trade between the two countries, sources reveal
Italy's Treasury has voiced robust confidence in Monte dei Paschi di Siena (MPS), spotlighting recent actions as a powerful endorsement of the bank's worth. This support arrives as MPS undergoes vital financial restructuring, reflecting a hopeful outlook for its future, market sources reveal
In "On China, Trump picked the right battle but the wrong strategy," The Guardian delves into how the former president boldly confronted key challenges with China, yet his efforts faltered due to missteps in execution and diplomacy
India's central bank held its key interest rate steady, zeroing in on curbing inflation amid persistent currency swings. Attention is firmly fixed on the rupee as monetary policy skillfully balances the twin goals of driving growth and tackling external pressures
India is reportedly gearing up to trim spending in a bid to protect its fiscal deficit target amid mounting economic challenges. This strategic move seeks to uphold fiscal discipline as the country prepares for the upcoming budget, sources told Bloomberg
The US has just hit Brazilian goods with new tariffs, accusing Brazil of unfair trade practices. This bold action intensifies the clash between the two nations, as Washington steps up efforts to protect American industries
Canada is set to secure its economic future by extending its crucial trade agreement for another 16 years, strengthening global partnerships and ensuring lasting stability, sources tell The Globe and Mail
China's edge comes from a sharp industrial strategy that fuels groundbreaking innovation in technology and manufacturing. The Financial Times uncovers how visionary government planning outpaces rivals, fueling relentless economic growth and boosting China's influence on the world stage