#economy
Latest cryptocurrency news and articles about economy. Stay updated with developments, analysis, and insights.
Nobel Prize in Economics Winner Paul Krugman Makes Statement on the US Economy
Nobel Prize winner in economics Paul Krugman stated that the US economy is “in an abnormal state in many respects.” “The US economy is currently moving away from normal functioning on many levels,” Kr...
The US and Thailand signed a trade framework cutting tariffs on 99% of US exports
The United States and Thailand just set a new baseline for trade. During a packed day of high-stakes diplomacy in Kuala Lumpur, both countries signed a framework to remove nearly all trade barriers be...
Canada’s Carney resists strong reaction after Trump's latest 10% tariff hike
Canadian Prime Minister Carney gave a short answer when reporters asked him about President Donald Trump’s new plan to raise tariffs on Canadian goods. Carney did not argue or rant. He simply said Can...
85% of Vision 2030 targets completed or on track, Saudi investment minister reports
Saudi Arabia’s investment minister Khalid Al-Falih said that 85% of the Vision 2030 targets are either completed or moving on schedule as of the end of 2024. He delivered this update during the Fortun...
Scott Bessent confirms framework deal on rare earths, AI, and trade with China
The U.S. and China have reached what Treasury Secretary Scott Bessent calls a “done deal” covering rare earths, AI, fentanyl, and tariffs. He confirmed the breakthrough on Sunday after back-to-back ta...
President Trump teases trade agreements with key leader meetings lined up during Asia visit
On his first visit to Asia since beginning his second term, President Donald Trump intends to forge deals with both US partners and adversaries that could reshape the global landscape. At the ASEAN su...
U.S., Vietnam to finalize zero duty trade deal as 20% tariffs stays on most products
The United States and Vietnam will finalize a new trade agreement in the coming weeks. The deal keeps a 20% tariff on most goods shipped from the country to the United States, while allowing some prod...
Markets tense as Milei’s economic reforms hang on Argentine elections
Argentina is voting, and markets are already twitching. With midterms underway, everyone tied to pesos and bonds is watching minute by minute, not because they love politics, but because the future of...
Trump and Xi near breakthrough deal to avert U.S.–China trade collapse
Trade negotiations between the United States and China entered their second day on Sunday, with America’s chief trade official saying the discussions were setting the stage for a successful meeting be...
US and China Make Mutual Positive Statements Regarding Tariffs – Here Are the Details
Li Chenggang, China's Representative for International Trade and Vice Minister of Trade, announced that the Chinese and US economic and trade teams held intensive and open discussions on issues of mut...
BRICS payments system now connects to 185 countries
The BRICS-linked Cross-Border Interbank Payments System (CIPS) has expanded across 185 countries, allowing international payments in Chinese yuan without using the U.S. dollar, according to data from ...
Trump hits Canadian goods with 10% tariffs before Carney talks
President Donald Trump said on Saturday he is adding an extra 10% tariff on imports from Canada. He said the move is a response to a TV ad that used a Ronald Reagan speech in what he called a misleadi...