Stellantis, the Dutch auto conglomerate that owns Alfa Romeo, Dodge, Jeep, Ram and 10 other vehicle brands, has chosen four European factories that it may sell to Chinese EV makers or use in partnerships with them.
Tag: Global Economy
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DOLLAR STABLECOINS THREATEN EMERGING NATIONS, BIS CHIEF WARNS
Stablecoins denominated in U.S. dollars are increasingly being used as the medium of exchange in international trade – a shift that risks the “dollarization” of emerging economies, weakens their ability to control their money flows, and leaves them vulnerable to criminal activity, Pierre Hernandex de Cos, general manager of the Bank for International Settlements (BIS), said in a 20 April speech.
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GOING OUT OF BUSINESS TRENDS
Closures continue to hit the retail and restaurant industry due to rising costs, declining demand, shifting consumer habits and online shopping.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The U.S. job market remains uneven, with continued layoffs as broader labor indicators hold steady. Companies cited cost pressures, restructuring, and increased spending on AI as key reasons for workforce reductions.
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SPOTLIGHT: THE WAR’S DEEPENING ECONOMIC SHOCK
By the hard facts and indisputable data, the illegal and unjustifiable war that the United States and Israel have launched against Iran has inflicted severe economic damage across the globe.
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SPOTLIGHT: CHINA’S FRAGILE ECONOMIC ADVANTAGE
China’s economic output increased 1.3 percent in this year’s first quarter from the final three months in 2025 and expanded at an annual rate of 5.3 percent, year on year.
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BANKS ARE AT RISK FROM THEIR LOANS TO HEDGE FUNDS, S&P SAYS
Investment banks have curtailed their direct trading activities and instead are lending massive amounts of money to hedge funds, creating “an inherent fragility” in financial markets, S&P Global Ratings said in a 15 April report.
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TRUMP’S ERRATIC POLICIES MAKE BOND INVESTORS LOOK ELSEWHERE
The U.S.’s standing as the lowest-cost borrower of dollars and the safest place to store value in turbulent times might not last much longer.
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SPOTLIGHT: BIGS GETTING BIGGER
Sazerac, an international purveyor of spirits based in France, has offered $32 a share to buy Jack Daniel’s, Kentucky’s iconic sippin’ whiskey, for a total of around $15 billion.
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SPOTLIGHT: THE LIMPING LUXURY INDUSTRY
As our regular readers know, the luxury industry has been in flux for more than two years.