World

In a surprising turn of events, China’s industrial profits have shown signs of recovery in the first quarter of this year, boasting a modest growth of 0.8%, bringing the total to approximately 1.5 trillion yuan. This uptick, however, belies the turbulent undercurrents facing the world’s second-largest economy. The apparent resurgence contrasts sharply with the numerous
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In a world increasingly defined by interdependence, China’s latest maneuvers in the face of mounting external pressures evoke a sense of urgency. President Xi Jinping’s recent meeting with the Politburo highlights a stark admission: even a behemoth like China is grappling with significant economic challenges. The announcement that the government will introduce targeted support measures
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In an alarming turn of events, South Korea’s economy has contracted by 0.1% year-on-year in the first quarter of 2025, marking a significant and concerning shift from previous trends. This is the first contraction the nation has experienced since late 2020, a time marked by intense global uncertainties and pandemic-related disruptions. Economic predictions had projected
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The recent downgrade of growth forecasts by the International Monetary Fund (IMF) paints a disconcerting picture for major Asian economies, marking a pivotal moment that merits serious reflection. Forecasts for 2025 have taken a sharp downturn; China’s GDP is now projected at a meager 4%, with India slightly better off at 6.2%, down from earlier
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As the U.S. dollar continues its downward spiral, the world holds its breath. Central banks across the globe are grappling with a complex puzzle, trying to decode the implications of a vanishing greenback. This isn’t just another blip in the financial charts; it represents a comprehensive crisis of confidence in U.S. economic stability. The dollar
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In a concerning twist, President Donald Trump is choosing to escalate tensions with the Federal Reserve, openly criticizing Chairman Jerome Powell as a “major loser.” This framing is not merely a personal attack; it represents a fundamental misunderstanding of economic governance and the independence of monetary policy. Trump’s insistence on immediate interest rate cuts, despite
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The Trump administration’s proposed overhaul to the U.S. State Department represents a seismic shift in American diplomacy, fundamentally restructuring an institution long deemed essential to the nation’s international engagement. The draft executive order—labelled a “disciplined reorganization”—is not merely bureaucratic tinkering; it is a clarion call to dramatically redefine what American foreign policy entails and how
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The specter of war looms large over the latest negotiations between Iran and the United States as they approach yet another round of talks to address Tehran’s nuclear ambitions. The backdrop is laden with decades of entrenched animosity, rising tensions, and threats that have oscillated from diplomatic to militaristic. The recent dialogue in Rome, mediated
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