Tag: United States
Purchase American-Made Products to Sidestep Trump’s Trade Dispute, Advises Christine Lagarde
Christine Lagarde, the Managing Director of the International Monetary Fund (IMF), recently advised consumers to purchase American-made products in order to avoid being affected by the ongoing trade dispute initiated by President Trump. This...
Bitget Builders Reaches 5000 Members and Unveils Expansion Strategy
Bitget Builders recently announced that they have surpassed 5,000 members and unveiled their plans to expand globally. The Bitget Builders Program, which was launched in June 2023, aims to create a strong network of...
Rebounding Carbon-Credits Market: Trafigura’s Strategic Bet
Trafigura Group, a major commodities trading company, is making a strategic move in the carbon credits market. They believe that new regulations will drive the market into mainstream emissions accounting. Hannah Hauman, the global...
US Jobless Claims Drop to 7-Month Low
The number of Americans applying for jobless benefits has decreased, reaching a seven-month low. According to the Labor Department, jobless claims fell by 2,000 to 213,000 for the week of Nov. 23. However, continuing...
$12 Billion Climate Fund Prepares for Rare Bond Issuance
A multilateral climate fund, the Climate Investment Funds (CIF), is planning to issue a rare bond in the capital markets to raise funds to invest in renewable energy and new technologies in developing economies....
Gautam Adani Faces Charges in US for $250mn Bribery Scheme
Indian billionaire Gautam Adani is facing charges in the United States for his alleged involvement in a $250 million bribery scheme. Adani, who is known for his vast business empire spanning across various industries,...
China’s Baidu Enters Race with Meta for AI Smart Glasses
China's tech giant Baidu has recently announced its entry into the competitive market of AI smart glasses, putting it in direct competition with Meta, formerly known as Facebook. Baidu's move signifies the growing importance...
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...