LONDON – Nov. 5, 2020: Fog shrouds the Canary Wharf business district including global financial institutions Citigroup Inc., State Street Corp., Barclays Plc, HSBC Holdings Plc and the commercial office block No. 1 Canada Square. Dan Kitwood | Getty Images News | Getty Images Banking stocks across the globe sold off on Friday, as fears…
The tenuous trade truce between Washington and Beijing has collapsed. What lies ahead is less a conventional trade war and more of a sustained struggle in which both powers codify coercion into their economic statecraft and increasingly weaponize interdependence as a source of leverage. In this new, emerging phase, confrontation will no longer be perceived…
Tensions in the South China Sea remained elevated on Friday as China launched military exercises near the disputed Scarborough Shoal, a move coinciding with the final day of a series of joint naval drills between the United States, the Philippines and other nations. The exercise – set to run from noon until 7pm – was…
Treasury Secretary Scott Bessent speaking at the CNBC Invest In America Forum in Washington, D.C. on Oct. 15, 2025. Aaron Clamage | CNBC This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Tariff troubles As the…
Merz has been under rising political pressure at home to do more to address Germany’s economic malaise. Following two straight years of economic contraction, economists expect little if any growth this year, in part due to U.S. President Donald Trump’s tariff policies, which hit Berlin’s export-oriented economy particularly hard. German business leaders are now urging…
Western Alliance Bank signage is displayed on the company’s Headquarters in downtown Phoenix, Arizona, on April 27, 2023. Patrick T. Fallon | AFP | Getty Images When you can’t repay a bank loan, that’s distressing — but probably not for the bank. But when tens of thousands of people, who had good credit ratings, can’t,…
It was a major talking point in the final months of Donald Trump’s 2024 presidential campaign: If re-elected, the Republican leader pledged to make in vitro fertilisation (IVF) free for those seeking to get pregnant. “Under the Trump administration, we are going to be paying for that treatment,” Trump told NBC News last year, adding…
Jose Raul Mulino says the visa-removal policy is ‘not coherent’ with the ‘good relationship’ he hopes to have with the US. Published On 16 Oct 202516 Oct 2025 Click here to share on social media share2 Share Panama President Jose Raul Mulino said that someone at the United States Embassy has been threatening to cancel…
Workers at a large Nexperia packaging plant in the southern Chinese city of Dongguan said they are worried about becoming collateral damage in a simmering political dispute between the Netherlands and China that has upended the management of the Dutch semiconductor maker. During a visit by the Post on Thursday, operations at the factory appeared…
By giving the award to Venezuela’s Maria Corina Machado, the Nobel Committee has effectively crowned Trump’s vision of power and intervention as ‘peace’. By Steve Striffler Steve Striffler is the Director of the Labor Resource Center and Professor of Anthropology at UMass Boston. Published On 16 Oct 202516 Oct 2025 Click here to share on…