Goldman Sachs Downgrades Australia Economic Forecast Amid Trump Tariff Concerns
Goldman Sachs Group Inc. has revised its economic growth forecast for Australia in 2025, citing potential negative effects from the anticipated increase in tariffs on China by the incoming Trump administration. The new forecast...
G20 Initiatives at Risk as Donald Trump’s Victory Creates Uncertainty
The recent victory of Donald Trump in the US presidential election has created uncertainty around the future of G20 initiatives. Many are concerned about the impact this could have on global cooperation and economic...
Israel President Skips COP29 Summit, Turkey Closes Skies
Turkey recently denied Israeli President Isaac Herzog's plane permission to fly through its airspace to attend the COP29 climate summit in Azerbaijan. This decision came as tensions rose over Israel's military actions in Gaza...
US Bank Trading Assets Surpass $1 Trillion Milestone
US Bank recently announced that its trading assets have surpassed the $1 trillion milestone. This achievement highlights the bank's strong performance in the financial markets and its ability to generate significant returns for its...
October Inflation Shows Slight Increase Amid Long-Term Downward Trend
The latest inflation report released by Statistics Canada for the month of October is expected to show a slight increase, according to economists. Despite this uptick, experts believe that overall, inflation is on a...
European Stocks Fall Behind US Market Due to ‘Trump Trade’ Dominance
European stocks have been struggling to keep up with the US market, with many attributing this lag to the dominance of the "Trump Trade." The US market has been experiencing a boost since the...
Empowering UK Workers: How Wage Squeeze Transforms Profit Distribution
British workers are experiencing a shift in power dynamics as they are now receiving a larger portion of the economic pie compared to before the pandemic. This change is a result of chronic labor...