US disinflation and the COVID-19 supply shock
U.S. inflation has declined more rapidly than consensus expected, as residual seasonality due to start-of-year price resets fades. We flagged...
archiveglobal trade
Trump goes into RNC 2024 with bold promises on economy
WASHINGTON (AP) — The first night of the Republican National Convention kept its official focus on the economy Monday even after Saturday’s shooting at a rally in Pennsylvania in which former President Donald Trump was injured.Speakers argued that Trump would fix inflation and bring back prosperity simply by returning to the White House as president. Virginia Gov. Glenn Youngkin lamented, “Tonight, America, the land of opportunity, just doesn’t feel like that anymore.”But Trump has released few hard numbers and no real policy language or legislative blueprints, and most of the...
The US, Canada, and Mexico need a more coordinated approach to their trade relationships with China
Introduction As the U.S. tightens trade and investment restrictions with respect to China and invests in developing critical sectors such...
China Surpasses USA and Becomes Largest Trading Partner of India in FY24
REHOBOTH BEACH, Del., June 5, 2024 /CNW/ -- Volza -- In a significant shift in global trade dynamics, China has...
EU weighs NATO role to shield energy links from Russian attack
(Bloomberg) -- European Union ministers will discuss next week what role the North Atlantic Treaty Organization can play in protecting...
Ian Explains: Is the US economy good or bad?
What’s going on with the US economy? On Ian Explains, Ian Bremmer breaks down the confusing state of America’s financial...
U.S. dollar little changed ahead of BOJ, ECB meetings
Japan's yen moved away from Friday's 148.80 per U.S. dollar, its weakest in a month, to as firm as 147.61,...
BRICS Could Swing ‘Economic Wrecking Ball’ at the Dollar
BRICS countries could swing an "economic wrecking ball" at the dollar, a former White House economist says. The bloc has...
Why U.S. ports are getting a $21 billion upgrade
U.S. ports are receiving multimillion dollar grants to upgrade cargo handling infrastructure. The grants are part of the Biden administration's...
A reserve currency differs from one that payments are settled in
There has been a lot of discussions recently on the international usage of the US dollar (USD) as a currency...
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