The International Monetary Fund (IMF) has stated that, despite trade tariff uncertainty being “literally off the charts,” there will not be a global recession. The IMF highlighted in […]
Economy
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Jobless Claims Fall to Two-Month Low as Labor Market Remains Strong Amid Trade Wars
The number of jobless claims has dropped to its lowest point in two months, indicating that the labor market continues to demonstrate resilience despite ongoing trade wars. This […]
Economy
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China Reports 5.4% GDP Growth Amid Tariff Concerns
GUANGZHOU, China — In the first quarter of the year, China’s economic activity saw a significant surge, surpassing expectations despite the looming threat of new tariffs announced by […]
Economy
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The US Dollar’s Role in the International Monetary System is in Flux
The role of the US dollar within the international monetary system is undergoing significant changes. Reports from Chatham House and The Economist suggest that a potential dollar crisis […]
Economy
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Trump’s Policies Highlight the Vulnerability of the Global Dollar System
President Donald Trump’s decision to pause reciprocal tariffs for ninety days has exposed vulnerabilities in the global dollar system. While most goods, including those from Canada and Mexico, […]
Economy
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Manufacturing Jobs Decline Globally Due to Productivity Gains
Despite political promises to bring back manufacturing jobs, global trends indicate that such jobs are declining due to productivity gains rather than trade policies alone. Economists argue that […]
Economy
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Jamie Dimon Warns of Potential Western Decline Due to Tariff Strategies
JPMorgan CEO Jamie Dimon has expressed concerns about the long-term implications of tariff tactics on the global economy. In a recent statement, Dimon warned that future historians might […]
Economy
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Bank of Canada Foresees Potential Year-Long Recession Amid Global Trade War
The Bank of Canada is navigating through two potential economic scenarios due to the uncertainties surrounding a global tariff war: a brief pause in Canadian economic activity or […]
Economy
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Bank of Canada Prepares for Potential Year-Long Recession Amid Global Trade War
The Bank of Canada is preparing for two possible economic scenarios as it navigates the uncertainty of a potential global tariff war: a temporary slowdown in Canadian economic […]
Economy
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Top Federal Reserve Official Suggests Rate Cuts if Tariffs Resurface
A leading Federal Reserve official has indicated that the US might need to implement interest rate cuts should significant tariffs reappear. This statement reflects the central bank’s readiness […]