China recently cut key trade ties with Japan, igniting a new surge of economic tension. NPR’s Planet Money takes you inside the story, exploring the geopolitical forces and strategic trade maneuvers that are transforming their relationship
Browsing: economic policy
Argentina is gearing up to significantly increase its foreign currency reserves, currently held at US$251 billion in so-called “mattress dollars.” This bold move aims to stabilize the economy amid soaring inflation and volatile currency swings, reports Malay Mail
The US has just lifted the tariffs on Italian pasta that were imposed during Donald Trump’s administration, easing trade tensions and unlocking exciting new opportunities for Italian exporters, the Financial Times reports
India is boldly broadening its trade partnerships to counter the impact of the US president’s steep 50% import tariff. Officials reveal that early signs point to this strategy sparking exciting economic growth
In his latest opinion piece for The Wall Street Journal, the author uncovers how China’s ambitions extend well beyond trade, aiming to reshape the global balance of power and broaden its geopolitical influence
The US has significantly slashed the proposed tariffs on Italian pasta imports, easing trade tensions and paving the way for a win-win outcome for producers in both nations. This breakthrough follows ongoing talks aimed at strengthening economic partnerships
Argentina’s Economy Minister Javier Milei is preparing for a landmark visit to the UK next year, aiming to ignite new financial partnerships and attract vibrant investment opportunities. This trip underscores the thrilling momentum driving closer economic ties between Argentina and the UK
India steps into 2026 with a bold new global strategy, poised to turbocharge economic partnerships, spark groundbreaking technology collaborations, and elevate its geopolitical influence-ushering in an exhilarating new era of international diplomacy
Argentina’s Congress has just approved the 2026 budget, ushering in an exciting new era as the very first under President Javier Milei’s leadership. This landmark decision paves the way for a bold transformation in fiscal policy, showcasing Milei’s unwavering commitment to confronting the nation’s economic challenges head-on
Japan is gearing up to turbocharge its investment in semiconductor and AI development, with ambitious plans to quadruple its budget. This bold move aims to boost homegrown technology and dramatically reduce reliance on overseas suppliers, officials revealed. The initiative is a key part of Japan’s broader strategy to lead the fierce global tech race and build stronger economic resilience
France teeters on the edge of a government shutdown as budget talks collapse, igniting fears of a crisis echoing recent US shutdowns. Officials are racing against the clock to reach an agreement and safeguard essential public services from disruption
Argentina has launched a tender for a local US dollar bond as President Milei takes bold steps to restore market confidence and attract foreign investment amid ongoing economic challenges, Reuters reports
Deal with it! When Trump said no, India said yes” explores India’s daring strategic moves amid U.S. hesitations. The Economic Times highlights how India boldly grabbed fresh opportunities, cementing its position in global trade and diplomacy like never before
China Vanke’s growing financial struggles highlight the ongoing challenges facing the property sector, indicating that Beijing is poised to implement targeted easing measures rather than a broad stimulus, reports The Wall Street Journal
The IMF is set to launch a groundbreaking $20 billion financial program for Argentina this Wednesday, Bloomberg reports. This ambitious move aims to strengthen Argentina’s economic stability in the face of ongoing fiscal challenges
France’s careful stance on EU reforms has caught a newly assertive Berlin off guard, stirring up the balance of power across Europe. This surprising turn highlights growing tensions and shifting alliances within the bloc
Japan’s recent rate hike has sparked a fierce generational divide: while older citizens cheer the effort to tame inflation, younger generations fret over soaring loan costs and mounting economic uncertainty, reports 조선일보
The Peterson Institute for International Economics reveals that while China’s GDP growth is rapidly closing the gap, the US economy continues to dominate in nominal terms, showcasing exciting shifts in the balance of global economic power
The EU has launched a groundbreaking €90 billion loan package to strengthen Ukraine, stepping up after efforts to fund aid through frozen Russian assets hit a dead end, the Financial Times reports. This bold initiative marks a significant milestone in the EU’s unwavering dedication to standing by Ukraine throughout the conflict
The rupee’s sharp dive against the dollar shines a spotlight on India’s growing economic struggles, exposing soaring inflation concerns, wavering investor confidence, and significant hurdles ahead for policymakers, Asia Times reports