In the heart of Davos, Donald Trump’s shadow loomed large as he addressed the World Economic Forum. His demands were fierce: cut oil prices, slash interest rates, invest in US factories, or face consequences. Trump used a powerful mix of charm and force, provoking both laughter and concern among glo
When news spread about possible mass deportations in Chicago, many undocumented workers decided to stay home. Martin Ramos, who moved from Mexico without proper papers, stocked up on groceries and kept his kids out of soccer practice. He knows an arrest would threaten his family's future. At the fac
Climate change is wreaking havoc, with rising temperatures, fierce wildfires, and choking smog affecting everyone. Even the Organisation for Economic Co-operation and Development (OECD) is struggling to meet its emissions targets. The problem? A lack of unity in tackling climate issues. COP29 has se
Just over a year ago, India was celebrating a strong rebound from the Covid-19 pandemic. With a population exceeding China's, the country was hailed as a soon-to-be economic powerhouse. Foreign investors and India's prime minister, Narendra Modi, were both excited about the country's future. India e
President Trump started his second term with familiar themes, raising false questions about the 2020 election and criticizing law enforcement. While his inaugural speech was somewhat toned down, it still contained incorrect claims about the economy, immigration, world affairs, and investigations int
As Donald Trump returns to the White House, a majority of Americans are feeling optimistic about the next four years. This optimism is fueled by expectations of a strong economy in 2025 and the hope that Trump will lower grocery prices and improve global stability. Many of Trump's voters believe he
As the Chinese yuan continues to slip, the country's central bank chose not to alter its benchmark lending rates on Monday. The decision comes as the incoming U. S. President Donald Trump is set to take office, a move that's sparked uncertainty in the financial markets. The People's Bank of China (P
China's economy is facing a big challenge: companies are becoming more focused on financial assets. This study looked at how the length of time companies hold onto these assets affects their audit fees. Using data from Chinese companies listed on the A-share market between 2009 and 2019, the researc
You might think that China's economy is all about big cities and skyscrapers, but let's look at the reality on the ground. Many shops that sell construction materials are now quiet, with owners hoping for customers to return. This tells us that the real estate market isn't doing so well. But there'
Day 3 of President-elect Donald Trump's Cabinet nominee hearings gave us a sneak peek into the battles ahead. Scott Bessent, nominated for Treasury, stressed the importance of making Trump's 2017 tax cuts permanent. He believes this will prevent a tax hike for the middle class and boost the economy.
