Goldman Sachs and Morgan Stanley, both of which specialize in structuring mergers and acquisitions, posted hefty earnings from 2025’s final quarter, closing out investment banking’s richest year since the COVID War.
Category: TRENDS ON THE GLOBAL ECONOMIC FRONT – Jan 20 2026
SPOTLIGHT: THE REALIGNMENT OF GLOBAL TRADE
With Canadian products facing stiff U.S. tariffs, the country has negotiated a far-reaching trade deal with China. Canadian prime minister Mark Carney inked the deal with Chinese president Xi Jinping during the first visit to China in eight years by a Canadian chief of state.
EU PARLIAMENT MAY LINK U.S. TRADE DEAL TO GREENLAND
The European Union’s (EU’s) parliament has yet to approve the trade agreement EU officials negotiated with the U.S. in July. Now the body is considering refusing to ratify the deal unless Donald Trump pledges to not seize control of Greenland.
TRUMP THREATENS PUNITIVE TARIFFS ON GREENLAND FOES
Donald Trump has declared additional tariffs on eight European nations whose leaders have spoken out against his plan to buy Greenland or seize it by military force.
EUROPE’S GAS PRICES SPIKE AS SUPPLIES TIGHTEN AND TEMPS DROP
Last Friday, Europe’s benchmark price of natural gas jumped another 13 percent to the equivalent of $43.47 a megawatt hour, ending a week in which the price gained almost 30 percent.
EUROPE’S CAR PARTS MAKERS HAVE DUMPED 100,000 WORKERS IN TWO YEARS
Bosch and other European car parts manufacturers have announced layoffs of more than 100,000 workers over the past 24 months as demand for the continent’s cars has slumped and China has taken a growing share of their market.
GERMANY, U.K. SHOW SIGNS OF ECONOMIC RECOVERY
Germany’s economy, Europe’s largest, grew 0.2 percent in 2025, after shrinking by 0.5 percent in 2024 and 0.9 percent in 2023, according to Destatis, the government’s statistics agency.
CHINA INVESTS IN FOREIGN PARTNERS AS U.S. INFLUENCE WOBBLES
In 2025, China nearly doubled its investment in its long-running Belt and Road Initiative (BRI) that funds infrastructure projects in developing nations. The program’s annual budget shot from $122.6 billion in 2024 to $213.5 billion last year.
GOING OUT OF BUSINESS TRENDS
Turbulence continues in the retail sector this year with several major brands announcing store closures and layoffs.
WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The European car parts sector has laid off 100,000 people in the last two years, according to The Financial Times.









