China’s economy expanded by 4.3 percent in this year’s second quarter, the slowest since early 2023, well under the first quarter’s 5-percent bump and below the bottom of Beijing’s 2026 forecast of “4.5 to 5 percent.”
Author: admin
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BRAZIL’S DIGITAL PAYMENT SYSTEM PROMPTS 25-PERCENT U.S. TARIFF
A key reason for Donald Trump’s new 25-percent tariff on Brazil’s exports to the U.S. is Pix, the country’s wildly popular digital payments system.
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U.K. BORROWING COSTS RISE ON RENEWED MIDEAST WAR
The yield on the U.K.’s ten-year bond rose briefly to 5.05 percent on 15 July as fighting intensified along the Persian Gulf.
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RENEWED PERSIAN GULF FIGHTING BRINGS OIL CRISIS CLOSER
The return to all-out war in the Mideast will cut off oil supplies from the region at a time when the world no longer has the reserves that shielded the global economy from a fuel crisis so far, oil traders are warning.
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AI REBRANDING TACTIC FALLS FLAT
Last April, Allbirds, a U.S. shoe company, decided to cash in on the AI frenzy by changing its name to Newbird AI.
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GOING OUT OF BUSINESS TRENDS
America’s economic decline continues to spread beyond layoffs and into a more troubling trend: businesses shutting their doors for good.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
America’s job market keeps flashing warning signs as layoffs spread across banking, technology, manufacturing, retail, telecommunications, healthcare, media, and education.
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THE AMERICAN PRESIDENCY AND PERPETUAL WAR
One of the defining failures of modern American government has been the steady erosion of Congress's constitutional authority over war.
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WHAT CEASEFIRE? ISRAEL CONTINUES TO CARRY OUT STRIKES ON SOUTHERN LEBANON
The IDF did not slow its attacks on southern Lebanon over the weekend, and witnesses told news outlets that they heard explosions and saw the Israeli military cut down trees in the region, according to Anadolu.
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AMERICANS DON’T LIKE FASCISM: MERGER OF STATE AND CORPORATE POWERS
A newly released survey found that 49 percent of Americans say that it is wrong for the federal government to own a stake in private companies, while just 19 percent of voters agree with the policy as President Donald Trump continues to intertwine the government and the private sector.