US Debt Ceiling Crisis: Yellen Issues Urgent Warning Table of Contents US Debt Ceiling Crisis: Yellen Issues Urgent Warning The Fall of FTX: A Reporter’s Ground-Zero Account Beyond FTX: A Career in breaking news US Debt Ceiling Showdown: Awaiting a Last-Minute Agreement Treasury Secretary Janet Yellen delivered a stark warning to Congress on December 27th, … Read more
In a surprise announcement on December 26th, China’s National Bureau of Statistics revealed a notable upward revision to its 2023 Gross Domestic Product (GDP). the new figure, a significant increase of $17.73 trillion, paints a more robust picture of the Chinese economy than previously reported. The revision, announced by kang Yi, Director-General of the National … Read more
China-Japan buoy Dispute Ignites Fresh Tensions in East china Sea Table of Contents China-Japan buoy Dispute Ignites Fresh Tensions in East china Sea Japan Airlines Faces Major Disruption After Cyberattack Global Events and Their Ripple Effect on the US Understanding the Broader Context China’s Buoy Deployment in Disputed waters Sparks New Tensions The already strained … Read more
Japan is set to adopt a record-breaking budget for fiscal year 2025, totaling a staggering $734 billion (115.5 trillion yen). This unprecedented spending plan, revealed late December, reflects a confluence of factors, including rising defense expenditures, escalating social security costs, and the increasing burden of debt servicing. The budget, the largest in Japan’s history, will … Read more
TOKYO – In a meaningful development for Japan and its relationship with the united States, Prime Minister Shigeru Ishiba is navigating the complexities of leading a minority government while together preparing for crucial interactions with the incoming US administration. On December 24th, following the conclusion of an remarkable Diet session, Ishiba announced the cabinet’s approval … Read more
biden Admin Launches Probe into chinese Semiconductors, Sparking Trade Tensions Table of Contents biden Admin Launches Probe into chinese Semiconductors, Sparking Trade Tensions Thomson reuters’ Commitment to Trust: A Cornerstone of Reliable News Biden’s Semiconductor Probe: Heightening Trade Tensions With china? Unpacking the Investigation supply Chain Concerns and Global impact The Biden governance announced on … Read more
Trump’s Return: High Stakes for the Crypto Industry Table of Contents Trump’s Return: High Stakes for the Crypto Industry Decoding Fintech: Insights from a Leading Expert Understanding the Fintech Revolution Trump’s Return: Will it Be a Boon or Bust for Crypto? President-elect Donald Trump‘s return to the White House has sent ripples of anticipation—and some … Read more
US Manufacturing Sector Shows Signs of Meaningful Slowdown The US manufacturing sector experienced a significant downturn in December, according to data released by the Philadelphia Federal Reserve Bank on December 19th.The manufacturing index plummeted to -16.4, a stark contrast to November’s -5.5 and the lowest point in nearly two years. This dramatic drop signals a … Read more
US Current Account Deficit Soars to Record High Table of Contents US Current Account Deficit Soars to Record High Thomson Reuters Reinforces Commitment to ethical Journalism US Current Account Deficit: A Looming Threat? Understanding the Deficit’s Surge Potential Ramifications Finding a Solution The U.S. economy faces a significant challenge as the current account deficit skyrockets … Read more
Inflation Fears Grip US Bond Market as Fed Rate Cuts Slow Table of Contents Inflation Fears Grip US Bond Market as Fed Rate Cuts Slow Fed Rate Cut Outlook: Experts weigh In on 2024 and Beyond The Shadow of Tariffs Fed Holds Steady on Interest Rates Amid Economic Uncertainty Global Chip Shortage Continues to Squeeze … Read more