The global economy is heavily strained as a result of the full-fledged trade conflict that began after President Trump placed high tariffs on these goods, leading to a foreign offset from the EU, China, and multiple other countries adding tariffs of their own, causing intense strife within the global economy. European Union Member Responses: $23…
Cryptocurrency and the stock market, as well as global relations, have all been volatile and under stress as President Trump’s trade policies have taken effect. The increasing use of tariffs is causing concern to economies and geopolitical stress, which is heightening tensions and uncertainty for both countries and investors. Wall Street’s Woes: A $2 Trillion…
The repercussions of the trade war initiated by President Donald Trump have been colossal for the world economy, fracturing the longstanding partnerships as well as instigating probable financial crises. The strategy focused on heavy tariffs is an attempt to alter the economic order despite the United States standing on relatively strong economic ground. Midnight Tariffs:…
Relief washed over cryptocurrency markets and related stocks on Wednesday afternoon after President Donald Trump placed a surprising 90-day freeze on his pre-announced indiscriminate “reciprocal” tariffs. This abrupt change in policy led to a fast increase in Bitcoin’s price, as well as a pronounced rally in the shares of companies affiliated with the cryptocurrency industry.…
The cryptocurrency market on April 9, 2025, is firmly under pressure and is reacting mainly due to macroeconomic concerns rather than problems specific to the digital assets sector. US tariffs in particular have greatly affected the financial markets, causing a risk-off sentiment that has left equities and moved into cryptocurrencies. Investor anxiety is captured in…
The recent hike in tariffs imposed by President Donald Trump, which is already having a drastic effect on the energy market in the US and has been labeled as an “economic revolution” by Trump himself, was described as one of the most damaging policies for the energy industry by Wood Mackenzie—a leading intelligence group in…
Following the extraordinary impeachment of Yoon Suk Yeol, South Korea is expected to conduct a snap presidential election on June 3. The nation’s acting head, Han Duck-soo, declared the date of the election and suggested a pathway to recovery, addressing the humanitarian crisis and bringing healing after enduring political strife for months. Impeachment Aftermath: A…
With Donald Trump’s tariff policies threatening to disrupt the balance of global markets, the UK government is rushing to contain the prospective damage to the country’s economy. UK Prime Minister Keir Starmer aims to unveil detailed plans later this week outlining how he intends to assist British business and protect the economy from the pernicious…
No matter the increasing ideological rift between the United States and China, the two countries need to sustain their economic partnership for the good of global equilibrium and economic growth. This was the main argument put forth by British journalist and The Economist’s geopolitics editor, David Rennie, during a talk at the University of Wisconsin-Madison…
The panorama of cryptocurrencies as of April 8, 2025, is characterized by concern and turmoil as a direct result of new tariffs imposed by President Trump. This macro development has shaken global financial markets, and the sector of digital assets is no exception. While there are some technological developments and areas of strong market performance,…
