US Imposes Steep New Tariffs on Canadian Imports
The United States has enacted a significant new tariff, applying a 50% duty on numerous Canadian products. This measure, effective July 21, 2026, targets goods
Economy
Trump Imposes Steep Tariffs on Canadian Imports
Former President Donald Trump announced new tariffs on Canadian goods Monday. These duties could reach 50% on certain items. The move targets products like cars
Chinese Traders Rapidly Exit Leveraged Positions
Chinese stock traders significantly reduced their leveraged bets on Friday. This was the fastest rate of unwinding since 2016. The move indicates a growing caut
AI Hype Persists as Market Promises Remain Unfulfilled
Artificial intelligence continues to captivate financial markets. Despite widespread excitement, key promises related to AI have not yet materialized. This incl
Trump threatens tariffs on Canada over wildfire smoke choking northern U.S. cities
President Donald Trump announced on Tuesday that the United States may levy new tariffs on Canadian imports in response to thick smoke drifting from massive wil
Hormuz Strait Sees Record Low Ship Traffic
Only three cargo ships navigated the Strait of Hormuz on Thursday. This marks the lowest number of crossings recorded since May. The situation has led to concer
Medical Records at Risk After Australian Clinic Cyberattack
Sensitive patient data from a major Australian healthcare provider may now be for sale on the dark web. A „malicious actor„breached Partnered Health's systems o
Indonesia's Emerging Status at Risk
Indonesia, Asia's third-largest economy, is facing a potential downgrade from emerging market status due to President Prabowo Subianto's ambitious spending plan
India's Ambitious Trade Deal with UK Takes Effect
India and the UK have implemented a landmark free trade agreement, allowing nearly 99% of Indian exports to enter the UK duty-free. The deal was announced on Ju
Gulf Countries Prepare for Life Beyond Hormuz
The US and Iran continue exchanging strikes over the vital Strait of Hormuz, crippling a fifth of the world's oil supply. Gulf countries are seeking alternative
Data Center Boom Could Drive Up Consumer Prices
A huge increase in data center construction is raising concerns about future inflation. Experts warn that this building spree could make everyday goods and serv
US Trade Representative Jamieson Greer Urges Europe to Scale Back Tech Rules
Washington, D.C., — U.S. commercial representative Jamieson Greer told European officials on Tuesday that the bloc must take „concrete actions” to limit the rea