Auto companies around the world face an imminent shortage of the rare earth minerals essential to making everything from anti-lock braking sensors to windshield wiper motors, executives have warned the Trump administration, Reuters reported.
Category: TRENDS ON THE GLOBAL ECONOMIC FRONT – Jun 3 2025
OPEC+ WILL BOOST OIL OUTPUT BY ANOTHER 411,000 BARRELS A DAY IN JULY
At its 31 May meeting, the OPEC+ oil cartel held to its previous commitment to increase oil production by 411,000 barrels per day in July.
JAPAN’S GOVERNMENT: OUT OF MONEY, OUT OF OPTIONS
With a national debt more than twice the size of its economy, Japan is faced with rethinking its decades-long practice of using public money to affect social policy and keep the economy afloat.
GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that will profoundly affect the business community this year.
WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Elon Musk resigned as a special government employee with the Department of Government Efficiency last week, coinciding with the end of his 130-day term.