A Trump global trade war could see the world plunged into crisis and millions of jobs lost unless politicians take steps to ease tensions simmering between many major economies, according to WTO warnings.
POTUS says tariffs are necessary to compel nations to change what he describes as unfair practi9ces concerning American intellectual property and technology.
Imagine four people sharing an apple pie. In an equal world, the four each get a quarter of the pie. But in America, the rich person at the table – a corporate executive, say – is getting a bigger slice each year, while the others’ pieces are shrinking.
The melting ice caps will not only impact our coastlines, but may radically alter international trade, a new study finds.
The issue: There is less ice in the Arctic Ocean than at any time in human memory, a consequence of climate change. Just about every scientific model expects the melting to continue or even to accelerate in the coming decades.
No matter the direction, up or down, when the Federal Reserve adjusts its headline interest rate, the global economy moves. Eight times a year, journalists, analysts and investors around the world carefully monitor the Fed’s arcane statements for hints of where the economy is heading.
What’s the Fed?
