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US ECONOMIC DAMAGE
EU officials fear leaders will balk in confronting ChinaDespite acknowledging severe stakes, leaders struggle to agree on tangible steps to address a massive trade deficit and Chinese state subsi...- Quote of the Day by Karl Marx: "To be radical is to grasp the root of the matter. But for man, the root is..." — Learn timeless lessons on self-awareness, purpose, and meaningful change from the philosopher whose single book reshaped history and forever transformed how the world understands societyQuote of the Day by Karl Marx offers a timeless lesson on human nature, critical thinking, and meaningful change. His powerful words encour...
- Oil Price Today (July 3): Crude oil heads for 4th weekly loss on Hormuz traffic, US-Iran talks. Where is liquid gold headed?Brent crude hovered near the $71-a-barrel mark after briefly dipping below that level in the previous session, while US benchmark West Texa...
- EU issues new steel, e-commerce regulations to reduce trade imbalance with ChinaThe European Union has introduced new measures to protect its steel industry and curb e-commerce imports from China, aiming to address a si...
- Oil Price Today (July 2): Crude oil at $70, falls for 2nd session as US-Iran talks progress. Worst over?Brent crude futures fell 80 cents, or 1.09%, to $70.80 a barrel, while U.S. West Texas Intermediate crude declined 90 cents, or 1.28%, to $...
- India's economic plot twist comes with one villain stepping aside, another waitingIndia's economic outlook has improved as falling crude oil prices ease inflation, strengthen the balance of payments and prompt economists ...
- Ukrainian drone attacks on oil refineries plunge Russia into a summer fuel crisisUkrainian drone strikes on Russian oil refineries are causing widespread fuel shortages and long queues at gas stations across Russia. This...
- Oil Price Today (July 1): Crude oil above $73 as Iran rejects direct peace talks with US. Where are prices headed?Brent crude futures were up 50 cents, or 0.69%, at $73.45 a barrel at 1208 GMT. U.S. West Texas Intermediate (WTI) crude rose 63 cents, or ...
- Why Trump's tariffs had plenty of bark, but limited biteDonald Trump's tariffs, once feared to cripple markets, have had a surprisingly muted impact, with actual levies lower than headline rates....
- US job openings stayed at a surprisingly strong 7.6 million in MayDespite the economic fallout from the Iran war and soaring energy prices, the U.S. job market shows surprising strength. Job openings in Ma...
- 'US-India relationship at lowest point in 30 years,' says Democrat Congressman Ro KhannaDemocrat Congressman Ro Khanna asserted the US-India relationship is at a 30-year low, blaming President Trump's unilateral foreign policy,...
- No smartphones, internet or AI: This Karnataka boy from Chikkamagaluru, who learnt about space from encyclopaedias, now sends advanced satellites into orbitA Karnataka village boy, Awais Ahmed, once reliant on encyclopedias for space knowledge, co-founded Pixxel, a company now orbiting Earth wi...
- Oil Price Today (June 29): Crude oil rises after renewed US-Iran strikes. What lies ahead?US President Donald Trump said on Saturday that Iran would "no longer exist" if the US were "forced" to resume the war. "United States airc...
- Venezuela quake death toll nears 1,500 as rescue work goes onRescue teams are desperately searching for survivors in Venezuela following devastating earthquakes that have claimed nearly 1,500 lives. F...
- Iran's Trump card: The risk premium hasn't gone. It just changed shapeA recent attack on a commercial vessel near the Strait of Hormuz signals a shift from fears of outright war to prolonged uncertainty. Iran'...
- Death toll in Venezuela earthquakes rises to 589 with almost 3,000 injuredVenezuela grapples with a devastating toll of 589 dead and nearly 3,000 injured following two powerful earthquakes. The hardest-hit state, ...
- Taiwan ship operator says vessel hit in Hormuz 'unharmed'A Taiwanese shipping operator's vessel, the Ever Lovely, sustained minor damage after being struck by an unidentified object in the Strait ...
- Venezuela to tap IMF reserve assets for quake reconstruction, Bloomberg News reportsVenezuela is planning to utilize $200 million from its $4.5 billion IMF Special Drawing Rights (SDRs) to fund reconstruction efforts follow...
- Venezuela earthquake today: Tsunami alert issued for U. S territory islands as strongest quakes in more than 100 years rattle capital city Caracas, other parts. Why is this unusual natural calamity?Earthquake in Venezuela: Strong earthquakes are unusual in Venezuela. While the country sits near multiple fault lines, its position stradd...
- Why Fed's bubble blind spot is cause for anxietyNew Federal Reserve Chair Kevin Warsh may follow Alan Greenspan's approach of not intervening in financial bubbles, a strategy that led to ...
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