Berkshire Hathaway is expanding its presence in the homebuilding industry with an all-cash purchase of Taylor Morrison, one of the largest homebuilders in the U.S.
Tag: Global Economy
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SPOTLIGHT ON CHINA’S ECONOMY: STRONG ABROAD, STILL WEAK AT HOME
With nations slapping tariffs on Chinese imports and domestic demand still weak, China’s manufacturers are exporting not just their products but also themselves around the world.
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TOP TREND 2025: DRAGFLATION
Canada’s economy contracted unexpectedly in this year’s first quarter, shrinking 0.1 percent, the national statistics agency reported on 29 May.
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U.K. BANK LOANS TO BUSINESSES ARE THE FEWEST IN 28 YEARS
Loans that British banks make to non-financial companies are the least since 1998, the Boston Consulting Group (BCG) reported.
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SPOTLIGHT: THE IRAN WAR’S ECONOMIC DAMAGE
As we detailed, two warmongers, U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu, launched an illegal war against Iran on 28 February that has inflicted severe economic damage across the globe... affecting the lives of eight billion people.
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CRYPTO INDUSTRY BRACING FOR QUANTUM COMPUTER ATTACKS
The digital asset industry is preparing for cyberattacks based out of quantum computers, according to the Financial Times.
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UNEMPLOYMENT IS RISING IN GERMANY
During this century’s first two decades, global demand for Germany’s cars, machine tools, and similar products made the country a haven for skilled workers.
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EU CUTS 2026 GROWTH FORECAST BELOW 1 PERCENT
The European Union’s (EU’s) economy will grow 0.9 percent this year, officials of the 21-country current union now expect a reduction from the 1.4 percent forecast made last November.
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BOND MARKET CRASH WORSENS GOVERNMENTS’ DEBT CRISIS
Bond markets are tanking around the world, driving up the interest rates that governments must pay to service their ever-increasing public debt loads.
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JPMORGAN IN TALKS TO SPREAD RISK ON $4 BILLION IN LOANS
The richest U.S. bank by assets is negotiating with investors to share the risk associated with $4 billion in dozens of net-asset-value loans JPMorgan has made to private equity firms and other investment funds in Europe, the Middle East, and North America.