Stagflation has entered the chat. President Trump’s decision to dramatically raise tariffs on imports threatens the U.S. with an uncomfortable combination of weaker or even stagnant growth and higher prices—sometimes called “stagflation.” Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link
More than a decade before Russia’s armed forces poured over the border into Ukraine, President Vladimir Putin stood before world leaders and delivered a long, icy speech demanding a radical overhaul of the world order. “We have reached that decisive moment when we must seriously think about the architecture of global security,” Putin said in…
The U.S. economy entered a new era at 12:01 a.m. Tuesday, as President Trump’s tariffs on imports from Mexico and Canada took effect. The new tariffs on imported goods ended decades of free trade among the three countries, and stood to disrupt entire industries. The 25% tariffs will be levied on imports from Mexico and…
Europe’s defense industry is on course for an extended upswing, as investors rally to take positions ahead of share price and guidance increases, analysts said. European leaders have signaled more readiness on providing Ukraine with security guarantees should a ceasefire deal be reached, and expanding their defense capabilities amid fears the U.S. could decrease its…