Americans Paying for Tariffs, Not Foreigners, Research Finds
New research from German think tank shows U.S. tariffs act as consumption tax on Americans, with foreign producers absorbing only 4% of costs, challenging Trump's assertions.
Category : Global Economy
Oil Steadies Amid Iran Supply Ease, Greenland Spotlight
Global oil prices find stability as concerns over Iranian supply disruptions diminish, while Greenland's strategic moves in the energy sector draw international attention.
US Warns Europe Against Greenland Tariff Retaliation
At Davos, US Treasury Secretary Scott Bessent cautioned European nations against imposing retaliatory tariffs in response to President Trump's proposed Greenland trade measures.
PwC Survey: 30% of CEOs Confident in Growth, AI Divide
A PwC survey of over 4,000 CEOs reveals only three in ten are confident about revenue growth, the lowest in five years, with AI adoption showing a sharp divide in benefits.
Kovind Proposes New Global Power Measure Beyond GDP
Former President Ram Nath Kovind calls for a new global measure of national power, emphasizing economic strength and responsible governance over traditional metrics like GDP.
Trump Threatens Tariffs on Europe Over Greenland Purchase
Former President Donald Trump announces new tariffs on European goods starting February 1, demanding US purchase of Greenland. EU leaders condemn the move as economic blackmail.
US Warns Europe Against Tariff Retaliation Over Greenland
US Treasury Secretary Scott Bessent cautions European nations against retaliatory tariffs in response to Trump's Greenland-linked levies, calling such moves 'very unwise'.
IMF: Global Growth Steady at 3.3% in 2026, AI Drives Resilience
The IMF projects global growth to remain resilient at 3.3% in 2026 and 3.2% in 2027, matching 2025 levels. Strong AI investment and policy support offset trade tensions and regional weaknesses.
IMF: Global Economy Resilient, AI Investments Drive Growth
The International Monetary Fund projects steady global growth through 2027, citing strong AI investments in North America and Asia as key drivers despite ongoing trade policy challenges.
Europe Must Roar Back Against Trump's Greenland Tariffs
European leaders face tough choices as Donald Trump threatens new tariffs over Greenland. The continent must decide whether to fight back or submit to economic bullying.
European Stocks Drop 1% on Trump Tariff Warning
European stock markets opened sharply lower on Monday as former US President Donald Trump's tariff threats over Greenland sparked fresh trade tensions.
Billionaire Wealth Hits Record $18.3 Trillion in 2025
Oxfam's new report reveals billionaire numbers surpassed 3,000 for the first time in 2025, with collective wealth reaching $18.3 trillion, highlighting extreme global inequality.
Davos 2026: What to Expect as Leaders Address Global Challenges
The World Economic Forum's 2026 meeting in Davos will bring together nearly 3,000 leaders to discuss geopolitics, economic growth, and technology adoption under the theme 'A Spirit of Dialogue'.
Gold, Silver Surge on Trump's European Tariff Threat
Precious metals climbed sharply after President Trump announced 10% tariffs on eight European countries, sparking safe-haven demand amid escalating trade tensions.
US Tariff Threats Over Greenland Risk Major Trade War with EU
US President's tariff threats on eight EU nations over Greenland trigger emergency talks. EU considers countermeasures, including the 'trade bazooka' ACI, risking a major trade conflict.
EU's $108B Tariff Strike Against Trump's Greenland Move
The European Union considers massive retaliatory tariffs after Donald Trump imposes 10% duties on European goods and demands Greenland's takeover.
Davos 2026 Begins: Dates, Theme and Global Leaders Meet
The World Economic Forum's Davos 2026 meeting starts today in Switzerland, running from January 19 to 23. Global leaders gather to discuss economic challenges under the theme 'A Spirit of Dialogue'.
Davos Lockdown as World Economic Forum Opens
The Swiss town of Davos is under strict lockdown today as the World Economic Forum begins its annual meeting, with heightened security measures in place for global leaders.
EU Emergency Summit on Trump Tariff Threat
European Union leaders will hold an emergency meeting in Brussels on Thursday to decide their response to US President Donald Trump's threat of new tariffs on eight European countries.
Europe's Trade Options Against Trump's Greenland Tariffs
European Union leaders consider retaliatory tariffs, defense cuts, and a 'bazooka' trade tool to counter U.S. tariffs over Greenland dispute. Brussels weighs responses ahead of critical meetings.
Gold, Silver Hit Record Highs Amid Trump Tariff Threats
Gold and silver prices surged to unprecedented levels after President Trump announced tariffs on European nations, raising fears of a major trade war and boosting safe-haven demand.
EU Considers €93B Retaliation to Trump Tariffs
European Union member states are coordinating a joint response to US President Donald Trump's latest tariff threat, with retaliatory measures on €93 billion of US goods back on the table.
Europe Unites Against Trump's Greenland Tariff Threat
European nations have formed a united front in response to former US President Donald Trump's tariff threat over Greenland, emphasizing solidarity and diplomatic resolve.
Macron to Activate EU Trade Weapon Against US Tariffs
French President Emmanuel Macron will ask the EU to deploy its anti-coercion instrument if the US imposes tariffs over Greenland, marking a major escalation in the trade dispute.
WEF Leader: Women's Employment Key to Future Economy
Ebru Ozdemir of Limak Holding argues that gender-focused reskilling and STEM integration for women are crucial for economic resilience and tackling global challenges.
Navarro: US, India Face AI Economic Costs
Peter Navarro, ex-trade adviser to Donald Trump, cautions that both the United States and India could pay a price for artificial intelligence advancements in global trade.
Germany Calls for European Unity on Trump Tariffs
German Finance Minister Christian Lindner demands a coordinated European response to new US tariffs under Trump, warning of economic risks.
China Trade Surplus Focus Won't Fix Global Imbalances
Economist Barry Eichengreen argues that G-7's focus on China's trade surplus is misguided. Real solutions require domestic policy changes in both the US and China to address financial risks and savings patterns.
Trump Imposes 10% Tariffs on NATO Allies Over Greenland
Donald Trump announces 10% tariffs on goods from Denmark, Germany, France, and other NATO allies starting February 2026, escalating tensions over Greenland.
Pakistan Gas Firms Sit on PKR 1.5 Trillion Dues Amid Crisis
Pakistan's energy mismanagement deepens as gas utilities fail to recover PKR 1.5 trillion in dues, exacerbating the country's ongoing power and gas shortages.
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