Global Economy Jolted as Strait of Hormuz Blockade Persists
Vessels remain stuck in the Strait of Hormuz as diplomacy between the U.S. and Iran stalls, triggering a surge in energy prices and global economic instability.
Global Economy
Chinese EV Market Share in Europe Hits Historic 15% Amid Tariff Tensions
Chinese EV makers reach a historic 15% market share in Europe, sparking a global debate on whether EU tariffs will hinder the region’s green transition and competitiveness.
Anchor of Stability: Why Global Leaders are Flocking to China in 2026
From the US to Pakistan, world leaders are visiting the Chinese mainland to secure stability and economic growth as China launches its 15th Five-Year Plan.
A New Economic World Order: Branko Milanovic on the Great Global Transformation
Economist Branko Milanovic analyzes the rise of a new economic world order and the greatest income reshuffle since the Industrial Revolution in “The Great Global Transformation”.
China and US Reach Preliminary Trade Outcomes to Bolster Global Economic Certainty
China and the US have reached preliminary outcomes in economic and trade consultations, focusing on tariff reductions and market access to foster global economic stability.
US-Iran Diplomatic Talks Deadlocked Amid Rising Regional Tensions
US-Iran talks hit a deadlock over “excessive” demands, triggering oil price increases and heightening regional instability in the Middle East.
The AI Boom: Redefining Wealth and the Global Business Landscape
As AI drives trillion-dollar valuations, the global economy faces a complex balance between unprecedented wealth and systemic challenges like energy demand and job security.
US Tariff Refund Surge: $166 Billion at Stake as States Demand Transparency
US Customs begins processing $166 billion in tariff refunds after court rulings, sparking a debate over whether consumers will ever recover the added costs they paid.
FAO Warns of Global Food Supply Shock as Strait of Hormuz Crisis Nears 90 Days
The FAO warns that the Strait of Hormuz crisis is triggering a global food supply shock as the conflict nears its 90th day, threatening worldwide food security.
China Emerges as Germany’s Top Source of Investment Projects
Chinese companies have overtaken US firms as the leading source of investment projects in Germany, with a strong focus on R&D and high-tech sectors in 2025.
Former Polish PM Marek Belka on China-US Ties, AI, and the Shift in Global Currency
Former Polish PM Marek Belka analyzes the transformation of global currency systems, the decline of the US dollar, and the strategic impact of AI on China-US ties.
China and Russia Forge New Era of Strategic Partnership in Beijing Meeting
Presidents Xi Jinping and Vladimir Putin meet in Beijing to align the 15th Five-Year Plan and celebrate 30 years of strategic coordination.
EU Moves to Finalize US Trade Deal to Avert Potential Tariff Hikes
The EU has reached a provisional agreement to remove import duties on US goods, aiming to meet a July 4 deadline and avoid a damaging escalation of trade tariffs.
China and US Reach Key Trade Agreements: Boeing Deal and Tariff Reductions
China’s MOFCOM details outcomes of recent trade talks, highlighting a 200-Boeing aircraft purchase and a reciprocal tariff reduction framework worth over $30 billion.
China-US Trade Consultations: New Framework for Tariffs and Aviation Agreements
China’s MOFCOM reveals outcomes of May 2026 trade talks with the US, featuring a $30 billion tariff-reduction framework and a deal for 200 Boeing aircraft.
UN Lowers 2026 Global Growth Forecast Amid Middle East Crisis
The UN has revised 2026 global GDP growth down to 2.5%, citing the Middle East crisis as a driver of energy shocks, rising food prices, and renewed inflationary pressures.
Is the Chinese Yuan Emerging as a Situational Safe-Haven Currency?
A look at how oil supply disruptions in the Strait of Hormuz are redefining safe-haven currencies, highlighting the resilience of the Chinese yuan.
US Extends Russian Oil Sanctions Waiver to Stabilize Global Energy Markets
US Treasury Secretary Scott Bessent announces a 30-day license for stranded Russian oil to stabilize markets amid surging energy prices linked to the Iran war.
The Great Reset: Reconstructing the International Monetary System
Explore the profound transformation of the global monetary system as geopolitical shifts and fintech innovation drive a move toward a more resilient and multi-currency future.
China and US Reach Positive Outcomes in Trade Consultations to Boost Global Stability
China’s Ministry of Commerce reports positive outcomes from trade talks with the US, including tariff reductions and new councils to stabilize the global economy.