GLOBAL ECONOMY

Feb 04 2025BUSINESS

US China trade tiff continues

The stage is set for another round of U. S. and China trade tussles. The events started when the US President decided to increase tariffs on some Chinese exports. There were some initial hints that President Trump was easing off on trade tensions, but that was all in the past. This new tariff hike comes in addition to an earlier 25 perc...

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Nov 01 2024POLITICS

Russia's Massive Fine on Google: A Symbolic Strike?

Imagine being fined a number so big it's more than the entire world's wealth! That's what happened to Google in Russia. A court ordered Google to pay a whopping $20 decillion, or 20 with 33 zeros, as a fine. This isn't just a big number; it's a symbolic gesture. The fine is for blocking Russian TV channels on YouTube, which the Kremlin says are supporters of Presiden...

reading time about 1 minute