Business

Trump Revives 25% Tariff Threat Against South Korea Over Trade Deal Failure

President Trump has revived tariff threats against South Korea, promising to impose 25% duties on major exports if Seoul fails to properly implement a trade deal from 2024. The announcement targets key sectors including automobiles, pharmaceuticals, and lumber. The disputed trade and security agreement was finalized in October 2024 after negotiations between Trump and South Korean President Lee Jae Myung. While both leaders initially celebrated...

Germany’s Gold Storage Policy Faces Growing Reassessment

Germany’s gold storage policy is facing growing reassessment amid geopolitical uncertainty. Economists are questioning whether old strategies still apply. The country’s gold reserves are valued at nearly €450 billion, with around 37% stored in the United States. This reflects long-standing financial arrangements. Supporters of repatriation argue that strategic assets should be kept under national control. They see gold as a safeguard in times of crisis. Critics warn...

€81 Billion Sterling Equivalent Tariff Package Ready for Deployment

The European Parliament has officially suspended the US trade deal ratification, directly responding to President Trump's threat of 10% tariffs unless Europe backs his...

Record Gold at $4,689 and Silver at $94: Precious Metals Rally as Self-Governance Rights Create Unresolvable Dilemma

Monday's global financial markets witnessed extraordinary movements as precious metals achieved historic price levels while analysts contemplated seemingly irreconcilable positions on Greenland's future. Silver...

Implementation Uncertainty: Can Trump Enforce the 10% Cap?

Donald Trump has announced a 10% cap on credit card interest rates, but questions about implementation are overshadowing the policy itself. The announcement, made...

Energy Firms Withhold Support for Trump’s Venezuela Oil Vision

Major US oil companies have offered minimal confirmation of President Trump's assertion that they're prepared to spend billions reconstructing Venezuela's oil industry. The president's...

Oil Industry Battles Historic Three-Year Losing Streak

The global crude sector has recorded its steepest annual price decline since the coronavirus pandemic, with values plummeting nearly 20% throughout 2025. This marks...

Boeing and Defense Contractors Hit With China Sanctions Over Taiwan Deal

Major American defense manufacturers confront comprehensive Chinese sanctions after the Trump administration approved the largest weapons sale to Taiwan in bilateral history. China's foreign...

Older and Less Productive Cattle Targeted in China’s Dairy Sector Reforms

Chinese authorities have implemented provisional tariffs ranging from 21.9% to 42.7% on select European dairy imports effective Tuesday. Most companies will face duties near...

Productive EU-UK Discussions Fail to Prevent January Implementation Despite Good Relations

The characterization of European Union-UK discussions as "very good" by EU Climate Commissioner Wopke Hoekstra has not been sufficient to prevent British exporters from...

Trump’s Final Push: President Frames Ukraine-Russia Peace as Critical Moment

President Donald Trump has framed the current phase of Ukraine-Russia peace negotiations as a critical moment requiring immediate Ukrainian action, with Thursday's Oval Office...

Labour Takes the Win: How the Rate Cut Bolsters the Government’s Narrative of Competence

Politics and economics are inseparable, and the Bank of England's rate cut to 3.75% is a major boon for the Labour government. Coming just...

Future-Proofing Strategy: Preparing for the Next Decade of Smartphones

The product portfolio expansion represents not just a response to current market conditions but a strategic positioning for the evolving future of mobile computing....

Disney’s Billion-Dollar AI Bet Transforms Video Entertainment

Disney's billion-dollar AI bet is transforming video entertainment through a comprehensive OpenAI partnership that includes character licensing for Sora. The three-year agreement provides access...