Frightened by the prospect that Donald Trump’s trade war could trigger a global recession, investors have flocked to the US Treasury market – at least for now, they are ignoring the risk that the same punitive tariffs could spark another round of inflation. After U.S. government bonds rose, pushing the two-year Treasury yield to its […]
US President Donald Trump announced the imposition of the highest US tariffs in a century, intensifying efforts to reshape the global economy and unsettling investors who believe that a trade war poses risks to US economic growth. Trump announced on Wednesday that he would impose at least a 10% tariff on all goods exported to […]
US President Donald Trump threatened to impose a “secondary tariff” on Russian oil buyers if Vladimir Putin refused to stop the fighting in Ukraine. Later, he added that he believed the Russian president would not “go back on his word”. According to NBC News, Trump said in his comments that he was “annoyed” and “very […]
The United States is striving to control all major infrastructure and mineral investments in Ukraine’s future, which may give it a veto over any role played by other allies of Kyiv and undermine its efforts to join the European Union. According to a draft document obtained by Bloomberg News, President Donald Trump’s administration has demanded […]
One is known as the “Oracle of Omaha”, the other as “Superman”. Warren Buffett and Li Ka-shing are the two most respected investors in the East and the West. Now both are over 90 years old, with only a two-year age gap, yet they are both hoarding cash. Is this a sign of a financial […]
Deutsche Bank said that the Federal Reserve’s withdrawal of liquidity support poses the greatest risk to the status of the US dollar as a reserve currency since the end of World War II. Reuters this week, citing unnamed sources, said that the European Central Bank and regulatory officials held informal discussions about the possibility that […]
US President Donald Trump signed an order imposing a 25 percent tariff on imported cars, expanding the trade war aimed at bringing more manufacturing jobs to the United States and laying the groundwork for broader tariffs next week. Trump said at the White House on Wednesday: “We will impose a 25 percent tariff on all […]
DeepSeek recently released an update to its V3 model, promising enhanced programming capabilities, highlighting the Chinese AI startup’s intention to stay ahead of its competitors. V3-0324 Update – Released on Hugging Face this week, it claims to address real-world challenges while setting benchmarks for accuracy and efficiency. In January this year, DeepSeek surpassed ChatGPT to […]
Trump is preparing to issue a “liberation day” tariff announcement on April 2, unveiling so-called reciprocal tariffs that he believes are a retaliation for tariffs and other barriers imposed by other countries, including long-time US allies. According to informed officials, although this announcement will still represent a major expansion of US tariffs, its focus is […]
Canadian Prime Minister Mark Carney announced that an election would be held on April 28. Opinion polls show that the competition between his Liberal Party and the Conservative Party is very fierce due to the trade war that Canada is facing and the taunts of US President Donald Trump against its sovereignty. On Sunday, when […]