ECONOMICS
On July 20, U.S. President Donald Trump signed three presidential proclamations, including one imposing a 50 percent tariff on most Canadian goods. The administration said the measure was a response to Canada’s longstanding “discriminatory treatment” of U.S. exports, particularly automobiles, alcoholic beverages, and dairy products. The White House said the
With Both Small and Large Banks in Trouble, Will China’s Debt Crisis Blow Up?
A banking crisis in China’s Henan Province has seen hundreds of thousands of people unable to access...
US Stocks Waver as Earnings Reports for Companies Begin
NEW YORK (AP) — Stocks wavered in morning trading on Wall Street Tuesday, July 12 as traders brace for...
Cut Off From Russian Gas, Bulgaria Opens New Pipeline Via Greece
ATHENS, Greece (AP) — The leaders of Greece and Bulgaria on Friday, July 8 inaugurated a new pipeline...
Ontario’s Mississauga Now the 2nd Most Expensive City to Live in North America
Mississauga, Canada’s seventh-largest city, is now the most expensive in the country to live in and the...
China Fights Uphill Battle to Rescue Its Economy While Keeping ‘Zero-COVID’
Since late May, state and Chinese Communist Party propaganda outlets have been noticeably promoting Beijing...
Tesla’s Shanghai Factory Back to 70 Percent of Pre-Lockdown Levels: Report
Electric auto maker Tesla's Shanghai plant, Gigafactory 3, has brought productivity back to 70 percent...
China Points to Regulatory Easing After Tech Meeting, But Analysts Warn it Won’t Be That Simple
On May 17, Chinese officials met with some of the country’s most prominent tech executives amid a year-long...
Here’s Just How Badly ‘Zero-COVID’ Has Damaged China’s Economy
Financial analysis The world’s second largest economy is paying the price for its unrelenting “zero-COVID...
Crashing Crypto Market Has Investors Openly Contemplating Suicide
It’s been a bad week for the cryptocurrency markets, perhaps the worst since Bitcoin became mainstream...