Scott Bessent, a renowned investor, raises a red flag, warning that Japan is dangerously “behind the curve” on interest rates. As global central banks accelerate their monetary tightening, he shines a spotlight on the growing risks tied to Japan’s slow pace in raising rates
President Trump has just extended the tariff truce with China by another three months, hitting the pause button on new levies as trade talks gain momentum. This strategic move aims to ease tensions and open the door for meaningful progress between these two economic powerhouses
Japan’s Nikkei skyrocketed to a record-breaking high, propelled by SoftBank sparking a dynamic tech rally driven by stellar earnings and soaring investor excitement. This surge signals a renewed wave of optimism in Japan’s bright growth prospects
S&P Global has just boosted India’s sovereign credit rating to BBB-the first upgrade since 2007! This exciting milestone reflects stronger economic fundamentals and powerful fiscal reforms, sparking increased investor confidence even amid global uncertainties
Argentina’s economy has skyrocketed year-on-year following the rollout of Javier Milei’s bold austerity measures, signaling a potentially game-changing turning point amid ongoing financial challenges, experts reveal
India is gearing up for major cuts to consumption taxes by October, aiming to ignite economic growth, Reuters reports. This bold step is designed to spark consumer spending and drive recovery in the face of global uncertainties
Argentina’s bishops have delivered a strong rebuke of Javier Milei’s economic policies, warning that they risk deepening social inequality. The Catholic Church urges a gentler, more compassionate approach to economic reform
Spain’s booming economy masks the harsh reality faced by its strawberry pickers, who endure low wages and grueling working conditions. Beneath the surface of national prosperity, their struggle reveals the stark social inequalities that continue to be ignored
Former President Donald Trump has delivered a bold warning that the US risks losing the chance to finalize a trade deal with Canada, highlighting ongoing disputes. Despite continued talks, officials say tensions over tariffs and market access are driving growing uncertainty
Argentina’s President Javier Milei has vetoed a pension increase passed by Congress, citing a lack of funds. This decision intensifies the already mounting tensions as the country battles ongoing economic challenges
China’s economy is caught in a relentless downward spiral, weighed down by slowing growth, soaring debt, and weakening global demand. Experts warn that this dangerous cycle could destabilize the nation and erode China’s power on the world stage
Germany is staring down a massive €170bn budget gap, even after heavy borrowing, raising serious concerns about its fiscal health. This shortfall highlights the growing hurdles for Europe’s largest economy as it struggles with soaring costs and sluggish growth
Argentina is making daring moves to replenish its dangerously low cash reserves amid mounting economic challenges. The government’s bold shock therapy aims to steady the economy and spark renewed investor confidence, Bloomberg reports
Trump’s trade deal with the EU paves the way to cut tariffs and turbocharge exports, promising lower prices on everyday items for American consumers. Experts weigh in on how this could impact wallets nationwide
Germany has slipped back into recession, with economic output contracting for the second consecutive quarter. Yet, against all odds, the DAX index is soaring, demonstrating remarkable resilience despite the wider economic downturn
Japan is finally shedding its long-standing resistance to price hikes as inflation rises, signaling a powerful shift in both consumer and corporate mindsets. This change marks an exciting new era for Japan’s economy, long defined by the grip of deflation
In a remote Chinese border town, vibrant trade and a steady stream of goods are injecting fresh energy into Russia’s struggling economy despite ongoing sanctions. This crucial hub showcases the expanding economic ties that are reshaping the region’s future
Michigan coffee shop owners are raising the alarm as Trump’s tariff threat on Brazilian coffee sends prices soaring and disrupts supply chains, putting the very survival of local businesses that rely on these essential imports at risk
Bloomberg uncovers a stark contrast in Argentina under Milei’s leadership: a dazzling luxury boom flourishes while the majority grapple with deepening economic hardships, highlighting the nation’s widening inequality
China held its benchmark lending rates steady on Wednesday, exactly as markets anticipated. This move highlights Beijing’s cautious approach amid economic uncertainties, aiming to fuel growth while keeping inflation under control
