WHEN Donald Trump is making economic policy, a reprieve is little more than a pause for breath. In February investors cheered when he postponed tariffs on Canada and Mexico; by April he was torching the global trading system. So it is with his latest about-face. On April 22nd the president declared that he had no…
China’s manufacturing activity improved at the fastest pace in four months, according to a private survey, a surprising show of resilience that will be tested as Donald Trump prepares to raise tariffs further on exports into the US. The Caixin manufacturing purchasing managers index rose to 51.2 in March from 50.8 in February, according to…
A model walks the runway at the Fendi fall 2025 ready-to-wear show during Milan Fashion Week. (Photo by Justin Shin/Getty Images) Getty Images As the current economic climate in the United States continues downward, several trends have begun to emerge within the fashion and beauty industries—affecting the shopping behaviors of the average consumer and shifting…
Egyptian President “Abdel Fattah El-Sisi” and his Chinese counterpart “Xi Jinping” share many common themes and future visions regarding the modernization of the Global South through the BRICS economic cooperation mechanism, such as enhancing cooperation between China, Egypt, and developing countries of the Global South, enhancing exchanges and mutual learning between Chinese and African academic…
In the wake of the 2025 Two Sessions, China’s bold pursuit of technological supremacy is not merely a strategic ambition but a calculated revolution that is set to redefine the global technological order. By heavily investing in cutting-edge AI models, quantum technologies, and green innovation, China is not only reducing its dependency on foreign technology…
For weeks the US economic picture has been darkening. If Wednesday was an opportunity for Federal Reserve Chair Jerome Powell to raise the alarm, he took a hard pass. Speaking to reporters following a two-day meeting of policymakers, Powell downplayed mounting growth concerns and the price hits that could be on the way from President…
U.S. stock markets have lost some $5 trillion in the three weeks since U.S. President Donald Trump initiated a series of trade wars. Tariffs have been raised against multiple countries on various products. Trump has lashed out in various directions, often rescinding tariffs only to threaten to reimpose them and doing so with allies, competitors,…
Global stock markets started the week on the front foot on Monday as investors welcomed China’s plans to kickstart consumption in the world’s number two economy, with upcoming central bank rate decisions also in focus. Relief about a US government shutdown being avoided helped counterbalance disappointing US economic data. Investors were keeping tabs on Beijing…
Recession fears persist amid inflation and trade wars President Donald Trump did not rule out the possibility of a recession in a recent Fox News interview, amid his administration’s continuing trade war. With the stock market tumbling, consumer confidence skidding and U.S. companies ramping up layoffs, it may look like the nation is hurtling toward…
Recession fears persist amid inflation and trade wars President Donald Trump did not rule out the possibility of a recession in a recent Fox News interview, amid his administration’s continuing trade war. The “R” word, recession, suddenly has become a hot topic, as more Americans wonder if tariffs and other pressures might push the economy…