Global Economy News and Headlines
Global Economy News and Headlines
Global Economy Pulse
EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
The U.S. Supreme Court issued a 6‑3 decision striking down President Trump’s global tariffs imposed under the International Emergency Economic Powers Act (IEEPA), ruling the move exceeded presidential authority. The majority held that IEEPA does not grant the power to levy tariffs, forcing the administration to seek other legal bases. Trump responded by announcing a 10% tariff using a different authority, while uncertainty looms over potential refunds and future tariff strategies. Business groups warned the ruling could prolong market volatility as the White House recalibrates its trade tools.
The U.S. Supreme Court ruled 6‑3 that President Trump’s tariffs imposed under the International Emergency Economic Powers Act are unlawful, restoring congressional authority over trade barriers. The decision paves the way for thousands of lawsuits seeking refunds, with industry estimates...
The U.S. Supreme Court ruled 6‑3 that the president cannot impose tariffs under the International Emergency Economic Powers Act, effectively nullifying most of Donald Trump’s sweeping tariff regime. The decision restores congressional primacy over tariff authority and declares the core...
The U.S. Supreme Court struck down President Trump’s proposed Section 122 global tariff, removing a major trade escalation risk. Meanwhile, the advance estimate for Q4 GDP posted a 1.4% annual gain, well below the 3.0% consensus, while PCE inflation edged higher...
Tunisia’s post‑2011 democratic breakthrough delivered expanded civil liberties but failed to translate into lasting economic gains. A 2021 presidential power grab dismantled key checks, curbing judicial independence and reversing many political freedoms. Meanwhile, the economy remains hampered by high inflation,...
German carrier Hapag-Lloyd plans to leverage its $4.2 billion acquisition of Zim Integrated Shipping Services to expand its intra‑Asia footprint through Zim’s Hong Kong‑based affiliate Gold Star Line. Gold Star operates 20 liner services with a fleet of 40 vessels totaling roughly 100,000 TEU,...
The Danish Maritime Authority seized the container vessel Nora, a ship blacklisted by the United States for violating Iran sanctions. Authorities say the vessel was sailing under an unauthorized Comoros flag and abruptly raised the Iranian flag when questioned, indicating...
Tenke Fungurume Mining (TFM) told Mining Indaba delegates it has delivered roughly US$8 billion to the Democratic Republic of Congo’s public treasury since 2006 and supports about 20,000 jobs. The mine, a Copper Mark‑certified operation, allocates 0.3% of revenue to community projects...
Iran’s leadership has repeatedly misread regional dynamics, turning potential strategic gains into costly setbacks. After hesitating to mobilize Hezbollah during the October 7 Hamas offensive, Tehran launched a large‑scale missile and drone barrage against Israel in April 2024, prompting a robust Israeli‑U.S....
President Donald Trump announced an executive order imposing a 15% global tariff under Section 122 of the Trade Act of 1974, following a Supreme Court decision that invalidated his earlier emergency‑law tariff plan. The new tariffs include exemptions for critical minerals, metals...
John E. Drew, founder of Drew Companies, is redefining real estate as a trade engine by developing logistics‑focused campuses that link ports, rail, and highways. His strategy emphasizes modular, technology‑enabled facilities that accelerate cargo movement and reduce supply‑chain friction. Drew’s...
The U.S. Supreme Court issued a 6‑3 ruling that the International Emergency Economic Powers Act does not grant the president authority to impose tariffs. The majority applied the major questions doctrine, concluding that Congress must provide clear authorization for such...
The U.S. Supreme Court struck down the Trump administration’s “Liberation Day” tariffs, opening the door for refunds of roughly $130 billion collected by the Treasury. Importers, retailers and apparel groups are already petitioning for clear guidance on how to reclaim these...
Thai shares rallied toward the 1,500‑point psychological barrier, driven by a catch‑up valuation buying pattern and strong dividend announcements. The SET index’s price‑earnings multiple sits about 33 % below the MSCI All‑Country World Index, widening the gap between blue‑chip and mid‑cap...
Federal Reserve Governor Michelle Logan warned that recent tariff decisions have heightened inflation uncertainty, casting doubt on a smooth path to the 2% target. While she remains confident that current policy tools are well‑positioned to address emerging risks, she expressed concern...
The Supreme Court struck down the Trump administration’s IEEPA‑based tariffs in a 6‑3 decision, opening the possibility of refunds on more than $175 billion of duties collected since early 2025. Treasury Secretary Scott Bessent noted the Treasury holds roughly $774 billion to...
The U.S. Supreme Court on Friday struck down many of President Trump’s tariffs imposed under the International Emergency Economic Powers Act, including several that targeted Canadian imports. The ruling was hailed by the Canadian Federation of Independent Business as a...
Democratic senators sent two letters to Fed Vice Chair Michelle Bowman questioning recent supervisory changes, including a 30% staff cut in the Fed's supervision arm and the removal of bank examiners at banks' request. They also demanded answers on her...
Real GDP growth slowed sharply in Q4 2025, posting a 1.4% annualized increase, down from 4.4% in Q3. The decline reflects the fallout from a historic federal shutdown, which cut government spending and removed more than one percentage point of growth....
Former President Donald Trump’s China policy is defined by contradictory impulses—pursuing short‑term commercial deals while simultaneously signaling a tougher stance on strategic issues like Taiwan and critical minerals. The administration’s “big‑tent” approach pits pro‑business officials against hard‑line hawks, creating strategic...
The U.S. Supreme Court issued a 6‑3 decision rejecting President Donald Trump’s authority to impose sweeping tariffs, a move hailed by rating agency AM Best as a relief for the insurance sector. The court’s ruling eliminates the tariff‑related uncertainty that has...
The U.S. Supreme Court voted 6‑3 to invalidate most of the tariffs President Trump imposed on imported hardware components. The decision hinges on the International Emergency Economic Powers Act, which the court found did not grant Trump authority for those...
Trans‑Pacific ocean carriers and U.S. importers are deliberately postponing contract sign‑offs for the 2026‑27 service year as spot rates to the West Coast have slumped more than 20% since early January. Both sides hope that underlying market fundamentals will improve,...
Facing chronic electricity shortages due to over‑reliance on hydropower, Kyrgyzstan is considering a Russian‑built small modular reactor (SMR). President Putin pledged Moscow’s readiness to construct the plant, which could deliver 110‑440 MW of baseload power. The deal would require deep regulatory,...
The U.S. Supreme Court ruled 6‑3 that most Trump‑era tariffs imposed under the International Emergency Economic Powers Act were unlawful, effectively eliminating the 25 % flat tariffs on goods from Canada, China and Mexico while leaving steel and aluminum duties intact....
World Bank President Ajay Banga joined President Donald Trump’s Board of Peace for Gaza reconstruction, igniting debate over the lender’s political neutrality. Critics warn his involvement could blur the Bank’s traditionally apolitical stance, while supporters argue his presence may temper...
At the 2025 NATO Summit in The Hague, allies committed to raising defense‑related spending to 1.5 percent of GDP by 2030, adding roughly $825 billion across the Alliance. The communiqué, however, offers no clear definition of which expenditures count toward this figure,...
The U.S. Supreme Court issued a 6‑3 decision striking down President Donald Trump’s global tariffs imposed under the International Emergency Economic Powers Act, finding the administration exceeded its authority. The ruling blocks the baseline 10% "Liberation Day" tariff and related...
The U.S. Supreme Court struck down President Trump’s IEEPA tariffs, sending U.S. equities up about 0.7% and lifting the 10‑year Treasury yield back to roughly 4.10%. The decision removes a source of tariff‑derived revenue, reviving fiscal‑deficit concerns and creating upside...
First Quantum Minerals announced that its Taca Taca copper‑gold project in northwest Argentina now carries an after‑tax net present value of $5.92 billion and a 19.3% internal rate of return, more than double the 2021 estimate. Updated reserves rose 13%, adding...
Ocean carrier schedule reliability plunged in January 2026 as congestion at Asian hubs and severe North Atlantic weather disrupted liner networks. Rate‑benchmarking platform Xeneta reports a sharp decline in on‑time arrivals across most carriers, with only non‑alliance services showing modest...
The U.S. Supreme Court ruled 6‑3 that the International Emergency Economic Powers Act does not authorize the president to impose broad tariffs, overturning Trump’s IEEPA tariff regime. The decision opens a path for importers to seek refunds, but claims must...
The U.S. Supreme Court issued a ruling limiting the Trump administration’s use of the International Emergency Economic Powers Act to impose tariffs, providing clearer legal boundaries for trade measures. The National Retail Federation welcomed the decision, saying it delivers much‑needed...
President Donald Trump announced a 10% global tariff lasting 150 days, invoking Section 122 of the 1974 Trade Act after the Supreme Court struck down his broader IEEPA‑based duties. The new measure can be applied to any country facing “large and...
The U.S. Supreme Court ruled 6‑3 that the president lacks authority to impose broad tariffs without congressional approval, striking down the 10% baseline tariffs Trump enacted under the International Emergency Economic Powers Act. The decision leaves intact steel and aluminum...
The U.S. Supreme Court issued a 6‑3 ruling that President Trump exceeded his authority under the International Emergency Economic Powers Act, invalidating most of the administration’s reciprocal tariffs. The decision overturns the 34% tariff on China and the 10% baseline...
The Indian government has set an ₹80,000‑crore dis‑investment target for the next fiscal, sparking a rally in public‑sector undertaking (PSU) stocks and lifting equity markets. The plan combines strategic stake sales and asset monetisation to generate fiscal inflows while unlocking...
Chief Procurement Officers (CPOs) are shifting from headline tariff figures to category‑level exposure mapping, allowing precise risk assessment and targeted mitigation. By integrating total cost of ownership into tariff response, they avoid costly over‑reactions and focus on long‑term spend efficiency....
Pakistan announced a dedicated special security unit in January 2026 to protect Chinese citizens and projects, a move prompted by a spike in militant attacks on Chinese interests. The unit signals Islamabad’s desperation to retain China’s $62 billion investment amid deteriorating...
Atlantic Council senior director Matthew Kroenig appeared on CBS News on February 19 to discuss Washington’s options regarding a potential strike on Iran. He warned that a rushed military action could destabilize the region and emphasized the need for a...
Oil supertanker charter rates have surged, with VLCC earnings on the Middle East‑to‑China lane reaching $151,208 per day, the highest since 2020. The spike is driven by heightened geopolitical risk from a potential US‑Iran conflict and a tightening supply of available...
The U.S. Census Bureau announced an updated release calendar to address a recent lapse in federal funding, postponing the next Quarterly Services Survey (QSS) revisions and benchmark releases. The delay affects historical corrections, new seasonal factors, and data from the...
North Korea is stratifying its diplomatic outreach in Southeast Asia, placing Vietnam and Laos at the top tier because of entrenched party‑to‑party links, while Indonesia sits in a middle tier with limited ideological affinity. Malaysia’s relations were severed in 2021...
U.S. President Donald Trump is positioning a three‑party deal with Turkey and Ukraine at the June NATO summit to allow large‑scale U.S. LNG shipments through the Bosporus. Current Turkish regulations bar vessels over 200 m, preventing most U.S. LNG carriers from...
Australian Prime Minister Anthony Albanese and Timor‑Leste Prime Minister Xanana Gusmão signed the Parseria Foun ba Era Foun declaration, establishing a new partnership built on three pillars – peace and regional integration, prosperity and resilience, and people‑to‑people links. The accord expands cooperation in security,...
Europe’s productivity lags far behind the United States, with EU real‑GDP growth averaging 1.3% since 2000 versus 2.4% in the US. The gap is driven by weak diffusion of IT and AI advances, which account for 25% of US growth...
Kazakhstan is accelerating a southward connectivity push to secure Arabian Sea access, reducing reliance on Iran’s Chabahar and Bandar Abbas ports. President Tokayev’s recent visit to Islamabad underscored a partnership focused on the Kazakhstan‑Turkmenistan‑Afghanistan‑Pakistan (KTAP) rail corridor and a broader...
Retail sales in Canada slipped 0.4% to $70 billion in December, marking the first monthly decline of the year. The drop was driven by a 1.6% fall in motor vehicle and parts dealers, while gasoline stations and fuel vendors posted a...
Jim Cramer highlighted ten market catalysts for Friday, Feb 20, ranging from macro data to individual stocks. Weak Q4 GDP growth at 1.4% pushed futures lower, while Texas Roadhouse rallied over 3% on a strong Q1 outlook. GE Aerospace received a...
Ocean Alliance is injecting targeted capacity into Vietnam and Thailand in its Day 10 network update, turning ports like Haiphong and Laem Chabang into core deep‑sea origins. The shift adds four trans‑Pacific services to Haiphong and doubles West‑Coast sailings from Laem Chabang, while...
