China’s economic need and soft diplomacy spur about-face on visa-free entry | China
a A few years ago, getting a visa to visit China was “a big deal”, says Kate Murray. The Australian was due to attend the four-day trade show, but to obtain a visa he needed a formal invitation from the organizers, which felt like “thousands of documents”. . “They wanted to know so many details […]
Australian Dollar declines as risk aversion rises ahead of Trump’s economic policies – FXStreet
The Australian dollar weakened on rising risk aversion as traders focused on President Trump's economic policies, including tariffs. The S&P/Australian Stock Exchange 200 index rose to nearly 8,400, a six-week high. President Trump will direct federal agencies to review tariff policy and evaluate relationships with Canada, Mexico and China. The Australian dollar (AUD) stalled on […]
Mexico’s corn policy risks North America’s economic ties
More than just a crop, corn is the cornerstone of U.S.-Mexico trade and North American economic integration. However, recent actions by Mexico are putting this relationship to the test, with implications that could ripple beyond the border. Corn is quintessentially Mexican, a staple crop deeply rooted in the country's cultural and culinary identity. Mexico is […]
A Farewell to Bidenomics—The Era of Economic Mismanagement Ends
The Ballad of Bidenflation Joe Biden's tenure as president will likely be remembered as: era of economic mismanagementvividly illustrates what happens when the aimless pursuit of power combines with an unbridled ideology that trumps prudence. Every administration has its challenges, but no one seems to have a clearer cause or effect than Biden's policies, which […]
China’s Population Declines For Third Straight Year Amid Rising Economic Struggles
China's population will decline for the third consecutive year in 2024, China's National Bureau of Statistics reported on Friday. China's total population will be 1.48 billion at the end of 2024, a decrease of 1.39 million from 2023. According to Go to press release. The main reason for this country's continued population decline is the […]
Trump voters ‘going to get brutally scammed’ by ‘terrible’ economic ideas: Paul Krugman
Economist Paul Krugman has claimed that voters who voted for President-elect Trump's “terrible” economic policies will be subject to “brutal fraud”. krugman I participated Tuesday's episode of the New Republic's podcast “The Daily Blast” discussed President Trump's major economic reform plans, including raising tariffs on international trading partners and cutting taxes for some Americans. “Trump […]
European markets open lower as economic concerns persist – CNBC
European markets fell on Monday amid continued uncertainty over the global economy. As of 9:04 a.m. London time, the pan-European Stoxx 600 index was down 0.8%, with most sectors in negative territory. Local markets were open last Friday as investors reacted to the latest U.S. jobs report showing non-farm payrolls rose by 256,000 last month, […]
Rupee to weaken past 86/USD on hawkish Fed outlook – The Economic Times
The Indian rupee fell above $86 to the dollar for the first time on Monday after strong U.S. jobs data reaffirmed expectations that the Federal Reserve will not cut interest rates significantly this year. The rupee opened at a record low of 86.2050 rupees, falling from Friday's 85.9650 rupees. U.S. employers added 256,000 jobs last […]
Trump Cites National Security And Economic Benefits In Support Of Acquiring Greenland And Panama Canal
Republican presidential candidate and former President Donald Trump speaks at a campaign rally at Van Andel Arena on November 5, 2024 in Grand Rapids, Michigan. (Photo by Chip Somodevilla/Getty Images) OAN Staff Blake Wolf1:53 PM – Wednesday, January 8, 2025 President-elect Donald Trump has repeatedly expressed support for taking control of Greenland and the Panama […]
U.S. Services Sector Expands as Trump 2.0 Economic Optimism Grows
The U.S. services sector posted stronger-than-expected growth in December, suggesting the economy could accelerate as companies look to the incoming Trump administration's pro-growth policies. The Institute for Supply Management (ISM) released a purchasing managers index for the services sector of 54.1, up from 52.1 in November and above economists' expectations of 53.4. Readings above 50 […]