Tag: Global economy
Oil Markets at Risk After U.S.-Israel Strike on Iran
Escalating tensions involving Iran raise fears of oil supply disruption and global price shocks linked to the Strait of Hormuz.
March 1, 2026
China Temporarily Lifts Export Controls on Key Dual-Use Minerals to the United States
China has suspended export controls on strategic minerals used in semiconductor and defense applications, following high-level talks during the APEC summit in Busan.
November 9, 2025
Trump, Xi Reach Limited Trade Truce Amid Broader U.S.–China Tensions
The first in-person meeting between the U.S. and Chinese leaders since 2019 produced modest agreements on tariffs, fentanyl, and rare earth exports, while leaving deeper geopolitical rifts untouched.
October 30, 2025
Xi and Trump Seek Common Ground in Busan Amid Ongoing Trade Tensions
Chinese President Xi Jinping and U.S. President Donald Trump met in Busan, South Korea, signaling cautious optimism about future cooperation as both countries navigate deep trade frictions.
October 30, 2025
South Koreans Protest Trump’s Visit and U.S. Investment Demands
Hundreds of South Koreans protested in Seoul against President Donald Trump’s visit and his demand that Seoul channel $350 billion into U.S. industries.
October 26, 2025
Global Economy to Face an Income Loss of 19 Percent by 2050
On Wednesday, the Potsdam Institute for Climate Impact Research (PIK) published a study showing that the global economy faces an income loss of 19 percent by 2050 due to climate change, even if greenhouse gas emissions are drastically reduced immediately. RELATED: Canada to Face Another Catastrophic Wildfire Season Published in the scientific journal Nature, the […]