Mounting economic pressures, industry shifts, and rapid technological disruption continue to drive job losses across multiple sectors.
Tag: Global Economy
Post
SPOTLIGHT: BIGS GETTING BIGGER
China’s Zijin Gold International, among the world’s largest gold miners, is pocketing Canadian counterpart Allied Gold for C$5.5 billion in cash, or about U.S.$4 billion.
Post
EUROPE, INDIA FORGE TRADE AGREEMENT
India and the European Union have agreed on the details of a trade deal embracing 28 countries, two billion consumers, and around 25 percent of the world’s economy.
Post
CHINA DRAFTS FIVE-YEAR PLAN TO RESTART CONSUMER ECONOMY
China’s senior state planners are creating a five-year plan to energize domestic consumption and address the imbalance between “strong supply and weak demand,” according to a 20 January press briefing by officials of the country’s National Development and Reform Commission.
Post
GLOBAL ECONOMY DANGEROUSLY DEPENDENT ON AI, IMF WARNS
The world economy’s resilience is deceptive and has become so dependent on AI that a sharp downturn in the technology’s boom would endanger global markets’ stability, Pierre-Olivier Gourinchas, chief economist for the International Monetary Fund (IMF), said at the World Economic Forum on 19 January.
Post
SPOTLIGHT: BIGS GETTING BIGGER
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.
Post
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.
Post
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.
Post
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.
Post
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.