🎯Today's Global Economy Pulse
Updated 2h agoWhat's happening: U.S. Supreme Court overturns Trump tariffs, paving way for $130B in refunds
The Supreme Court ruled 6‑3 that the Trump administration’s “Liberation Day” tariffs were unlawful, restoring congressional authority over trade barriers. The decision opens the door for importers to seek refunds of roughly $130 billion collected by the Treasury, with industry estimates of up to $175 billion in potential recoveries.
Also developing:
News•Feb 10, 2026
BP Steps up Cost Cutting as Profits Slide
BP reported 2025 earnings of $7.5 bn, a 15% drop from the previous year, as crude prices fell roughly 20%. The oil major lifted its cost‑saving goal to $5.5‑$6.5 bn by the end of 2027, up from a $5 bn ceiling, and halted its share‑buyback programme while selling a 65% stake in Castrol. Debt sits near $22 bn, prompting tighter balance‑sheet discipline. New chief executive Meg O'Neill, arriving in April, is expected to double down on oil and gas operations after a recent retreat from renewables.
By BBC News – Business
News•Feb 10, 2026
Welcome to 2036: What the World Could Look Like in Ten Years, According to Nearly 450 Experts
An Atlantic Council survey of 447 experts from 72 nations paints a bleak picture of the world in 2036. Most respondents expect China to become the top economic power, while the United States retains military superiority, creating a bipolar or...
By Atlantic Council
News•Feb 10, 2026
Cosco Debuts Beibu Gulf and Middle East Car Carrier Service
Cosco Shipping Car Carriers has launched a monthly ro‑ro liner linking the Beibu Gulf ports of Qinzhou and Nansha with the United Arab Emirates and Saudi Arabia. The service, operated by the vessel Cosco Shengshi, will transport roughly 2,000 commercial vehicles...
By Seatrade Maritime
News•Feb 10, 2026
French Finance Minister Urges Caution as Paris Agency Proposes 30% China Tariff
France’s finance minister Roland Lescure warned against a blanket 30% tariff on Chinese imports, urging a targeted approach instead. A government planning commission has recommended a sweeping duty or a euro‑yuan depreciation to shield European industry. Lescure highlighted China’s unsustainable...
By South China Morning Post – Global Economy
News•Feb 10, 2026
Luis De Guindos: Interview with Econostream Media
ECB Vice‑President Luis de Guindos told Econostream that inflation has fallen to 1.7% headline and core inflation is edging toward the 2% target, while the euro‑area economy is proving more resilient than expected. He highlighted downside risks from geopolitical flashpoints and...
By European Central Bank — Press/Speeches
News•Feb 10, 2026
Scale of Australia’s Dec Chickpea, Lentil Exports Surprises
Australian legume exporters posted a dramatic December surge, shipping 588,122 tonnes of chickpeas and 410,805 tonnes of lentils, up 57% and more than double respectively from November. India dominated demand, taking 63% of chickpeas and 39% of lentils, while Bangladesh and Pakistan...
By Grain Central
Blog•Feb 10, 2026
The Digital Yuan and the New Geography of Monetary Power
The episode examines how China’s digital yuan (e‑yuan) reshapes the internationalization of the renminbi by focusing on usage rather than ownership. It explains that traditional barriers were convertibility and capital controls, which limited the ability to sell or move RMB...
By The Central Banks’ Watcher
News•Feb 10, 2026
EM Debt Strength Holds as DM Policy Noise Grows>
VanEck’s Emerging Markets Bond ETF (EMBX) posted a 5.56% 30‑day yield and outperformed both its benchmark and U.S. Treasuries in January 2026, driven by strong local‑currency exposure and carry. The fund’s portfolio now holds 48% hard‑currency sovereigns, with notable additions...
By VanEck – Insights
Social•Feb 10, 2026
Macron Urges EU to Adopt Eurobonds Now
Emmanuel Macron: « Now is the time for the EU to launch a joint borrowing capacity, through eurobonds. » https://t.co/NqqbjjecXk
By Frederik Ducrozet
News•Feb 10, 2026
CATL, Cornex, SolaX and Other Chinese Energy Storage Players in Multi-GWh International Agreements
Chinese energy‑storage giants are signing multi‑GWh deals worldwide, signalling a rapid international expansion in 2026. Cornex will deliver 5.5 GWh to Saudi Arabia, while CATL, together with Schroders Greencoat and Lochpine Capital, targets up to 10 GWh of European battery‑storage projects. Tianneng...
By Energy Storage News
Social•Feb 10, 2026
Markets Could Slip If Data Undermines Fed Cut Hopes
Stock markets may sour if this week’s US economic data casts doubt on Fed rate cut speculation. #stockmarkets #Fed #Economy #InterestRates #USD #Macro #trading https://t.co/ZEfchApMC0
By Ilya Spivak
Blog•Feb 10, 2026
U.S. Treasury Rates Weekly Update for February 6, 2026
U.S. Treasury yields slipped across the board for the week ending February 6, 2026. The benchmark 30‑year rate fell 0.02 percentage points, while the 10‑year yield dropped 0.04 points to 4.22 %. The 3‑year Treasury rate settled at 3.57 %, reflecting a modest broad‑based decline. These...
By Chet Wang Blog (Municipal Bonds)
Social•Feb 9, 2026
AI's Real Divide: Users vs Non‑users of Machines
AI anxiety often misses the key margin: it’s not “humans vs machines,” it’s “humans who use machines vs humans who don’t.” The tech shifts who’s productive—and who gets paid. Remember, you don't need to outrun the bear. https://t.co/jULdqTdCrU
By Justin Wolfers
Blog•Feb 9, 2026
US Grain Storage Capacity Growth Has Stopped
US grain storage capacity expanded steadily from 2000 to 2019, adding roughly 350 million bushels per year, but growth has essentially stopped after 2020. Meanwhile, crop production kept rising, pushing the surplus capacity margin down to just 5 % in 2025. On‑farm...
By Farmdoc daily
News•Feb 9, 2026
Elevra, Mangrove Lithium Ink Offtake MoU for NAL Project in Quebec
Elevra Lithium has signed a non‑binding MOU with Canada’s Mangrove Lithium to off‑take up to 144,000 tonnes of spodumene concentrate per year from the North American Lithium (NAL) project in Quebec. The supply would begin in 2028, scaling to full...
By MINING.com
News•Feb 9, 2026
How 2025’s US Tariff Shocks Can Give Way to Constructive Reforms in 2026
The Trump administration’s 2025 trade strategy oscillated between aggressive, unpredictable tariff threats and a quieter push for long‑standing trade objectives. While high tariffs and threats destabilized markets, the administration began issuing exemptions and rolled back many threats, stabilizing tariff levels...
By Atlantic Council
Social•Feb 9, 2026
Dollar Index Plummets; Trade‑Weighted vs Equal‑Weighted Diverge
The $DXY has dropped sharply today. A big picture look at the trade-weighted Dollar index vs an equally-weighted variant: https://t.co/sqTvcv4ihu
By John Kicklighter
Social•Feb 9, 2026
Gold Surges Past $5,000 Amid Reckless Fiscal Policy
Gold is back above $5,000. The rally in precious metals is reckless and crazy, but so is global fiscal policy. At some point over the past 20 years, policy makers who believe in keeping public debt stable stopped existing. Makes...
By Robin Brooks
News•Feb 9, 2026
Takaichi’s Landslide Victory
Japan’s first female prime minister, Sanae Takaichi, called a snap election that delivered a historic super‑majority for the Liberal Democratic Party, winning 316 of 465 lower‑house seats. The result gives the LDP unprecedented legislative power to push Takaichi’s agenda without...
By Foreign Policy
Social•Feb 9, 2026
Seven Firms Command 35% of SPX Investment Dollars
Employment in S&P 500 companies is 18% of total US employment, but 35 cents of every dollar that goes into the SPX goes to 7 companies. This is a market structure problem and a major issue with our 401k system.
By Tyler Neville
News•Feb 9, 2026
End of an Era: Sec. 201 Tariffs on Imported Solar Panels Expire
Imported solar panels are no longer subject to Section 201 tariffs after they expired on February 6, 2026, ending an eight‑year protection regime that began under the Trump administration. The tariffs, which started at 30 % and gradually declined to 14 % by 2025, were...
By Solar Power World
News•Feb 9, 2026
Hapag-Lloyd Dodges Red Ink in Q4
Hapag‑Lloyd posted a Q4 2025 EBIT of $200 million, a 75% drop from the same quarter a year earlier, yet still managed a full‑year profit of $1.1 billion despite plunging spot rates. Container volumes rose modestly, adding 200,000 TEU in Q4 and...
By Seatrade Maritime
News•Feb 9, 2026
TechMet Plans Additional $200M Raise, Has Africa in Sight
TechMet, the US‑backed critical‑minerals investment vehicle, is seeking up to $200 million of new capital to broaden its portfolio after raising $300 million last year, including $180 million from the Qatar Investment Authority. CEO Brian Menell announced the raise at the 2026 Mining...
By MINING.com
News•Feb 9, 2026
Christine Lagarde: European Parliament Plenary Debate on the ECB Annual Report
In a February 9, 2026 speech to the European Parliament, ECB President Christine Lagarde reaffirmed the central bank’s independence while emphasizing its accountability to elected officials. She reported that headline inflation has fallen to 1.7% in January and is expected...
By European Central Bank — Press/Speeches
Blog•Feb 9, 2026
India and the US Rewire Trade in the Indo-Pacific
The episode examines the interim U.S.-India trade deal announced in February 2026, which cuts U.S. tariffs on Indian goods from 50% to 18% and obliges India to cease Russian oil imports in favor of U.S. energy supplies. It traces the...
By Pantheon Insights
Blog•Feb 9, 2026
Does Sheinbaum Really Care About Cuba? And How Likely Are US Military Strikes in Mexico?
The episode examines the increasingly fraught relationship between Mexico’s President‑elect Claudia Sheinbaum and former U.S. President Donald Trump, focusing on five intersecting issues: Mexico’s humanitarian aid and oil shipments to Cuba, alleged ties between Venezuela’s Maduro regime and Mexico’s Morena...
By Latin America Risk Report
News•Feb 9, 2026
Mining without Rules: The Risky US Bet on the Deep Sea
In April 2025 President Trump issued an executive order authorizing U.S. companies to mine critical minerals in international waters, directly contravening the United Nations Convention on the Law of the Sea (UNCLOS). The move aims to secure rare‑earth supplies amid...
By Atlantic Council
News•Feb 9, 2026
Russian Oil Sector Under Siege as EU Ramps up Pressure and India Winds Down Imports
The European Union announced plans to replace its $44.10‑per‑barrel Russian oil price cap with a comprehensive ban on maritime services for Russian crude, pending member‑state approval. The ban would block hull, machinery, and insurance services, pushing Russia toward the uninsured...
By Seatrade Maritime
Blog•Feb 9, 2026
Financial Crises: New Insights
Professor Eric Hilt’s 2026 paper traces the evolution of financial crises over two centuries, highlighting how regulatory regimes and banking structures shaped their frequency and character. Early crises were often sparked by banking panics, while the post‑World War II regulatory era...
By Harvard Law School Forum on Corporate Governance
Blog•Feb 9, 2026
Talk Your Book: The Three A’s of the U.S. Economy
The latest "Talk Your Book" episode breaks down the three A’s shaping the U.S. economy—asset prices, artificial intelligence, and the affluent consumer. It highlights a widening market breadth and offers a framework for valuing the world’s largest firms. The discussion...
By A Wealth of Common Sense
News•Feb 9, 2026
US Backs Altona’s Mozambique Rare Earths Project
Altona Rare Earths announced that the U.S. Trade & Development Agency will support its Monte Muambe project in Mozambique, prompting a 76% surge in the company's London‑listed shares. The backing aims to map technical and financial routes for extracting rare‑earth...
By MINING.com
Blog•Feb 9, 2026
China Debt Ratio Exceeds 300 Percent of GDP Mark
The episode explains that China’s official macro debt ratio hit a record 302.3% of GDP in 2025, driven primarily by government borrowing while household and private company debt fell. It highlights the real‑estate crisis as the catalyst that halted household...
By China Business Spotlight
Blog•Feb 9, 2026
Deterrence Won’t Fail in the Taiwan Strait — It Will Be Bypassed
In this episode J. William DeMarco argues that recent Chinese military activities around Taiwan are less about rehearsing an invasion and more about a strategy of paralysis—using encirclement, law‑enforcement vessels, and limited rocket fire to create economic and political pressure...
By War on the Rocks
Blog•Feb 9, 2026
UFLPA Enforcement: When a “Red Light” Turns Yellow
The Uyghur Forced Labor Prevention Act, enacted in 2021, created a rebuttable presumption that Xinjiang‑origin goods are barred from the U.S. market. U.S. Customs data show a sharp drop in UFLPA‑related detentions, from roughly $1.58 billion in 2023 and $1.40 billion in...
By Corruption, Crime & Compliance
Blog•Feb 9, 2026
ASEAN Inc.: One Portfolio, Seven Markets — and a Clear Test of Southeast Asia’s Investment Story
The episode breaks down the ASEAN Inc. portfolio—a $1 million, equally weighted allocation across seven U.S.-listed ETFs covering Indonesia, Malaysia, the Philippines, Singapore, Thailand, Vietnam, and a regional ASEAN‑40 fund—and shows it delivered a 21.3% annualized total return through February 2026, beating...
By The International Investor
News•Feb 9, 2026
Container Lines’ Red Sea Mixed Messages Confuse Shippers
Shippers are grappling with mixed signals from carriers about returning to the Suez Canal route. Maersk said peace in the Middle East is required, yet announced two services will resume via the Red Sea with military escort. CMA CGM has shifted...
By Seatrade Maritime
News•Feb 8, 2026
Which of the 132 Chinese EV Automakers Will Enter Canada?
Chinese electric‑vehicle makers are eyeing Canada as a strategic foothold into North America, with a government‑approved quota of 49,000 units annually – roughly 3.8% of the market. BYD is projected to dominate the allocation, taking about 30% of the quota,...
By CleanTechnica
Blog•Feb 8, 2026
Anutin’s Bhumjaithai Upsets the Odds: Surprise Thai Election Win Reshapes Southeast Asia’s Geopolitical Chessboard
The episode dissects Thailand’s surprise February 8, 2026 election, where Anutin Charnvirakul’s Bhumjaithai party captured nearly 200 seats, shifting the country’s foreign policy toward deeper engagement with China while prompting a tougher U.S. response. It highlights the immediate implications for...
By GeopoliticsUnplugged
Podcast•Feb 8, 2026•17 min
What to Expect From Bangladesh's Upcoming Elections
In this 17‑minute episode, RANE’s South Asia analyst Misha Iqbal breaks down the key actors and forces shaping Bangladesh’s upcoming election—the first since the 2024 pro‑democracy uprising that removed Sheikh Hasina from power. Iqbal outlines the political landscape, including emerging...
By RANE Podcast Series
News•Feb 7, 2026
TURKEY REPORTED RECORD TOURISM REVENUE IN 2025
Turkey recorded a historic tourism peak in 2025, welcoming roughly 63.9 million visitors and generating $65.2 billion in revenue. Visitor numbers rose 2.7% year‑over‑year, while tourism earnings climbed 6.8%, surpassing government targets. The market mix featured 52.8 million foreign tourists and 11.1 million Turkish...
By Tourism Review
News•Feb 7, 2026
Trump Turns to US Military Leaders for Diplomatic Efforts on Iran and Ukraine
President Donald Trump has turned to senior military officials to spearhead high‑stakes diplomatic talks on Iran’s nuclear program and the Russia‑Ukraine war. Admiral Brad Cooper, commander of U.S. Central Command, joined indirect Iran negotiations in Oman, while Army Secretary Dan...
By Military.com (Navy News)
Blog•Feb 7, 2026
Elliott Wave Analysis of EURUSD – February 9th, 2026
The latest Elliott Wave analysis notes that EUR/USD slipped during the first week of February 2026, testing the 1.1800 support zone. While the pair remains above this level, bullish sentiment persists, suggesting the wave count may still be in an...
By EWM Interactive – Forex
Blog•Feb 6, 2026
Oil Context Weekly (W6)
In this week’s Oil Context Weekly, the host reviews flat crude prices slipping below $68 a barrel after geopolitical chatter between the U.S. and Iran, while noting a modestly backwardated term structure with a "smiley‑faced" futures curve extending to 2027....
By Commodity Context
Blog•Feb 6, 2026
Friday Footnotes: What's Happening In China
In this episode, the host examines the current state of China's grain market, focusing on its ability to meet President Trump's promised soybean purchases of 8 million metric tons (294 million bushels) and the anticipated 25 million metric tons of new crop. The...
By Grains in Context
Podcast•Feb 6, 2026•0 min
#687: First Friday: The Retirement Rules That Changed While You Weren’t Looking
In this First Friday episode, host Paula Pant reviews the economic landscape of January 2026, highlighting a 2% S&P 500 pullback, a near‑10% Bitcoin drop, and a cooling labor market with job openings falling to 7.6 million. She discusses the surprise nomination of...
By Afford Anything
News•Feb 6, 2026
Saudi Graphite Plant Is ‘Wake-Up Call’ for Quebec, France: CEO
Northern Graphite has partnered with Saudi Arabia's Al Obeikan Group to build a $200 million battery‑grade graphite plant in Yanbu, slated for production in 2028. The venture will source concentrate from the revived Okanjande mine in Namibia and gives Northern a...
By MINING.com
Podcast•Feb 6, 2026•29 min
Global FX: RBA, JP Elections, Euro/APAC Rotation, Dovish BoE, US Data
The FX team discusses a variety of topics: the euro bloc/ APAC FX rotation, RBA hawkish pivot, scenarios around upcoming JP elections, the dovish BoE surprise and recent US data. This podcast was recorded on 06 February 2026. This communication is...
By At Any Rate
News•Feb 6, 2026
US Mineral Supply Chains Remain Exposed to China Chokehold: USGS Report
The U.S. Geological Survey’s 2026 mineral commodities summary shows the United States now imports 100% of 16 of the 90 non‑fuel minerals it tracks, up from 15 a year earlier, and relies on foreign sources for more than half of...
By MINING.com
News•Feb 6, 2026
Iran Can Still Normalize Its Economy—But the Path Will Be Painful and Slow
Iran’s inflation, hovering around 20% and spiking above 40% during sanctions, has become a structural feature of its macro‑economy. The country’s fragmented exchange‑rate system, fiscal deficits financed by the central bank, and dominant state‑linked enterprises perpetuate price pressures. Analysts argue...
By Atlantic Council
News•Feb 6, 2026
Heliostar Pours First Gold From San Agustin Mine
Heliostar Metals announced the first gold pour from its newly restarted San Agustin mine in Durango, marking its second operating asset after La Colorada. The open‑pit mine is projected to deliver roughly 45,000 ounces of gold from existing reserves, prompting...
By MINING.com