Fear Grows That AI Is Permanently Eliminating Jobs
A growing chorus of workers, researchers, and public figures warn that artificial intelligence could permanently eliminate millions of jobs. MIT researchers estimate current AI systems can automate tasks performed by over 20 million American workers, roughly 12 % of the labor force, while a Reuters‑Ipsos poll shows 71 % of Americans fear permanent displacement. Recent layoffs in early 2026 have surpassed the peak of the 2009 recession, intensifying anxiety. A petition calling for a ban on superintelligence development has amassed about 135,000 signatures from tech leaders, politicians, and celebrities.
Oatly Loses Long-Running 'Milk' Battle with Dairy Lobby
Oatly has lost a UK Supreme Court ruling that bars the company from trademarking or using the phrase “post‑milk generation” in its marketing, after Dairy UK argued that the term “milk” should be reserved for animal‑derived products. The court affirmed earlier...
Except Trump, Nobody Has Stated India's Refusal to Buy Russian Oil: FM Lavrov
Foreign Minister Sergei Lavrov told the Russian Duma that only U.S. President Donald Trump has claimed India will cease buying Russian oil, and no Indian official has made such a statement. Lavrov highlighted India’s new BRICS chairmanship and its focus...
Govt Urges Refiners to Prioritise US, Venezuelan Crude Amid Evolving Trade Ties: Report
India has urged its state‑owned refiners to give priority to crude from the United States and Venezuela as part of a broader effort to diversify supplies and reduce reliance on Russian oil. The government’s suggestion applies to spot‑market tenders for...
UK Retailers Hit by Double Whammy of Brexit Frictions and US Tariffs
New ONS data shows that 32.7% of UK retailers report rising export costs since Brexit, while US tariff changes further strain margins. Export volumes fell for 40.6% of retailers in December, and paperwork burdens rose for over a quarter of...
Kremlin Says Russia Will Seek Clarification From US on Venezuela Oil Restrictions
The U.S. Treasury issued a general license for Venezuelan oil and gas exploration that explicitly excludes Russian and Chinese entities, tightening restrictions on Moscow’s energy interests. Kremlin spokesman Dmitry Peskov said Russia will seek clarification from Washington to protect its substantial...
Nickel Price Jumps as Indonesia’s Top Mine Cuts Output
Indonesia ordered the world’s largest nickel mine, PT Weda Bay, to cut its ore quota from 42 million tonnes to 12 million tonnes for 2024, aiming to tighten global supply. The LME nickel price rose 2 percent to $17,835 a tonne, extending a rally of...
Moldova. EU – Yes; CIS – No; Unirea – Not This Time
Moldova announced its formal exit from the Commonwealth of Independent States, signaling a decisive break from a key Russian‑linked institution. At the same time, Chişinău is accelerating its integration with the European Union under President Maia Sandu’s pro‑Western agenda. Public...
We’re in a Trade-Down Economy, and Ulta Is Winning
Consumer confidence has fallen to a decade low, prompting a trade‑down in spending as Americans cut big‑ticket indulgences and shift toward essentials. Even high‑income households are frequenting discount retailers like Walmart and Costco, reflecting broader budget pressure. Ulta Beauty’s hybrid...
What's Driving Northern Ireland's Falling Fuel Prices?
Petrol prices in Northern Ireland have fallen to 124.2 pence per litre, the lowest level in five years, while diesel holds steady at 131.9 pence. The decline follows a global oil oversupply and easing geopolitical tensions after the 2022 price spike triggered...
An FTA No One Is Talking About Can Give India a Strategic Edge
The India‑Chile free trade negotiations are moving toward a Comprehensive Economic Partnership Agreement that explicitly includes critical minerals such as lithium, copper, and cobalt. Chile’s abundant reserves could supply India’s “Make in India” and clean‑energy ambitions, while recent moves by...
China Lets Yuan Rise to Strongest Level in Years as De-Dollarisation Trend Grows
China’s central bank set the yuan’s daily fixing at 6.9438 per dollar, the strongest level in 33 months, as the currency continued to appreciate. Offshore trading pushed the yuan to 6.909 per dollar, reflecting a broader rotation out of US...
HMM Stays in the Black in Q4
South Korean carrier HMM posted a Q4 2025 net profit of KRW 364 billion, a 59.9% plunge from the prior period, while revenues fell 14.2% to KRW 2.71 trillion. The full‑year results showed a 50.3% profit drop to KRW 1.88 trillion as container freight rates slumped 49%...
Time Called on Happy Hour as French Wine and Spirit Sales Sour in Mainland China, US
French wine and spirit exporters recorded their steepest decline since the pandemic, with total sales falling 7.9% to €14.3 billion in 2025. Wine shipments slipped 4.1% while spirits plunged 17.4%, driven by a 23.8% collapse in cognac exports. The downturn reflects...
Forecast: Tariff Policies Will Weaken Container Imports in First Half of 2026
The NRF and Hackett Associates’ Global Port Tracker predicts U.S. container imports will fall in the first half of 2026, with a 2 percent year‑over‑year decline to 12.27 million TEUs. Full‑year volume is projected at 25.4 million TEUs, a 0.4 percent drop from 2024....
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Trump Expects An Economic Miracle From The New Fed Chair
President Donald Trump urged his Fed chair pick, Kevin Warsh, to deliver 15% annual GDP growth, a target rarely achieved outside wartime. The president’s demand follows criticism of current chair Jerome Powell and calls for aggressive rate cuts. Economists note...
Beyond Blocs
The article argues that the world is moving beyond bloc politics toward issue‑based cooperation, with Europe seeking strategic autonomy while engaging China on a case‑by‑case basis. Recent high‑level visits to Beijing by European and other leaders underscore this shift. Trade...
Wrapped Helps Spotify Add Users Despite Artists' Criticism over Fees
Spotify reported a surge in paid subscribers, adding 9 million to reach 290 million in the last quarter of 2025, driving net profit to €1.17 bn and total revenue to $4.5 bn. The company’s annual Wrapped campaign engaged over 300 million users and generated 630 million social...
Is a Dollar Vibe Shift Under Way?
The Atlantic Council’s GeoEconomics Center podcast explores whether a sustained dollar depreciation is emerging. Host Dan McDowell explains how a weaker greenback could reshape U.S. trade balances, investment flows, and national‑security calculations. The discussion highlights potential benefits for exporters alongside higher...
Uranium Market Gathers Momentum in 2026: Sprott
Uranium spot prices surged above $100 per pound in January 2026, the first breach of that level in two years, signaling renewed market vigor. Sprott Asset Management, a major buyer, added 4 million lb to its fund this year, bringing total holdings...
US Antimony, Americas Gold to Jointly Build Idaho Plant
United States Antimony and Americas Gold have formed a 51-49 joint venture to construct a hydrometallurgical processing plant in Idaho’s Silver Valley. The facility will treat antimony feed from Americas Gold’s Galena complex and could handle additional sources, aiming to...
First Quantum Credit Outlook Improves on Cobre Panama Progress
S&P Global Ratings upgraded First Quantum Minerals' credit outlook to positive, citing tangible progress toward restarting the Cobre Panama copper mine. The agency now expects the mine to resume operations in the first half of 2026, with a production ramp‑up later...
Dollar Look Past Soft US Data, 10-Year Yield Dips
The U.S. dollar stayed firm in early trade despite flat retail sales, while the 10‑year Treasury yield slipped back below 4.2%. Market participants are largely ignoring the consumption miss, focusing instead on tomorrow’s delayed non‑farm payrolls as the primary driver...
Behind Putin’s $15 Billion Arms Revenue Claim
Russian President Vladimir Putin announced that arms exports generated roughly $15 billion in foreign‑exchange earnings in 2025 and that more than 340 cooperation projects are slated for 2026‑2028. Independent analysts caution that Russia’s defence‑sector data are opaque, making the figure difficult...
Pacific Container Spot Rates Plunge Ahead of Contract Season
Spot rates on Pacific container lanes have slumped ahead of the annual contract season, with eastbound transpacific prices to the U.S. West Coast falling below $1,700 per FEU and some offers as low as $1,400. The slowdown follows a delayed...
Diamond Slump Pushes Botswana to Broaden Mining Base
A deep slump in diamond prices is forcing Botswana, the world’s top diamond producer by value, to broaden its mining portfolio. The government announced plans to explore copper, cobalt and other critical minerals, noting that only about 30% of its...
Next US-China Trade Talks Tipped in Advance of Trump-Xi Summit as Fragile Truce Holds
High‑level US‑China trade talks are being staged ahead of President Donald Trump’s April summit with Xi Jinping, as Treasury officials led by Scott Bessent met Vice‑Premier He Lifeng in Beijing. The delegations aim to keep the fragile tariff truce intact...
Indonesia Turns to Digital Finance to Reach Unbanked Population
Indonesia, home to one of the world’s largest unbanked populations, is accelerating digital finance to boost inclusion. The Financial Services Authority outlined three policy priorities—sector resilience, a contributive ecosystem, and sustainable finance—to guide the effort. PT Bank Rakyat Indonesia (BRI)...
Indonesia Eyes China Partnerships to Build Industry and Tech ‘Better than the EU Standard’
Indonesia’s sovereign wealth fund Danantara is pursuing Chinese partnerships to accelerate waste‑to‑energy, smart‑grid and data‑centre projects, aiming to exceed European Union environmental standards. The fund highlighted the role of patient capital at the China Conference and the World Economic Forum,...
Mining Corridors as Catalysts: Building on the Lobito Model
In December 2025 the United States and the Democratic Republic of Congo signed a strategic partnership that gives Washington preferential access to Congolese mineral deposits. The article argues that the next step is building logistics corridors, using the Lobito Corridor—linking...
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...
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...
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...
Commercial Lending in the U.S. Surges 30 Percent in Late 2025
U.S. commercial real‑estate lending jumped 30% in Q4 2025, driven largely by banks as interest‑rate volatility eased. Originations rose 25% sequentially, with office loans nearly doubling year‑over‑year and overall 2025 originations up 40% from 2024. Depository institutions led the surge,...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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,...