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Donald Trump’s victory in the 2024 election – and his threat to impose tariffs on all imports to the United States – highlights an important problem for the global economy. The US is a technological powerhouse, spending more than any other country on research and development and winning more Nobel prizes in the last five…
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Headquarters of the People’s Bank of China in Beijing, China. File | Photo Credit: Reuters China surprised markets by lowering a key short-term policy rate and its benchmark lending rates on July 22, in an attempt to boost growth in the world’s second-largest economy. The cuts come after China reported weaker-than-expected second-quarter economic data last…
Read More “China cuts to key rates to in a bid to support economy” »