Bank of England warns: rising trade barriers threaten global economy
There are growing risks to global financial stability, the Bank of England (BoE) has warned. The UK’s central bank has expressed concerns about the...
Japan’s $140 billion economic stimulus plan
Japan has unveiled a massive $140 billion (¥21.9 trillion) economic stimulus package aimed at addressing rising costs, boosting wages, and kickstarting the economy.
The total...
Do Britons regret Brexit? Is “Bregret” growing?
Since the historic referendum, which took place on June 23rd, 2016, when a slim majority of Britons voted to leave the European Union by...
UK and India to restart free trade agreement (FTA) talks
The United Kingdom and India are set to restart Free Trade Agreement (FTA) negotiations in early 2025. Both countries aim to strengthen their existing...
Trump tariffs: economic impact, business reactions, and what lies ahead
There is a renewed focus across the United States, China, the European Union (EU), Mexico, Canada, and much of the rest of the world...
UK inflation rises to six-month high in October
UK annual inflation rose to a 6-month high of 2.3% in October, compared to 1.7% in September, which had marked a three-year low. The...
Goldman Sachs forecasts strong global GDP growth for 2024, 2025, and 2026
After strong global GDP growth in 2024 of 2.7%, Goldman Sachs Research forecasts that the world economy will expand by 2.7% in 2025 and...
Canada’s conservative leader Poilievre vows to fight Trump’s tariffs ‘with fire’
The leader of the Conservative Party of Canada, Pierre Poilievre, said he would fight Trump's looming tariffs on Canadian goods "with fire."
He vowed to...
Rising US producer prices signal inflation challenges for the Federal Reserve
The latest US Producer Price Index (PPI) from the Bureau of Labor Statistics revealed a notable increase for October, raising concern among economists, investors,...
Should EU fear a trade war with America?
Now that we know that Donald Trump will be the next US president, many businesses across the European union fear punitive tariffs which could...