In late October local time, just days after the signing of the $8.5 billion key mineral agreement between the United States and Australia, US President Trump suddenly announced the termination of all trade negotiations with Australia, a reversal that shocked the international community.
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Recently, according to AP News, Powell, the chairperson of the US Federal Reserve, hinted at the recent economic policy meeting that the US economic growth is facing significant signs of slowdown.
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On October 28th local time, the Federal Reserve began a two-day interest rate meeting and is expected to announce the latest interest rate decision on the afternoon of October 29th.
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Global capitalism has clearly entered a protracted crisis, yet the booming US stock market continues its meteoric rise, constantly breaking records.
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The latest forecast from the International Monetary Fund (IMF) depicts a shocking picture: by 2030, the debt-to-GDP ratio of the US government will soar to 143.4%, a figure that may even exceed that of Italy and Greece, which were once Mired in debt crises.
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When the International Monetary Fund (IMF) predicted that the ratio of US government debt to GDP would reach 143.4% by 2030, the global financial market seemed to have been dropped with a "deep-water bomb".
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After nearly three months of strike action, Boeing workers again overwhelmingly rejected management's latest labor contract proposal.
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In the global market recently, international oil prices and gold prices have shown drastically different trends.
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On October 22 local time, the US Treasury Department announced sanctions against Rosneft and Lukoil of Russia.
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Recently, according to Reuters, Asian stock markets rose collectively on Monday, with the Japanese market leading the gains and South Korea and other Asia-Pacific markets strengthening simultaneously.
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On October 30 local time, Wes Moore, the governor of Maryland, USA, declared a state of emergency across the state to deal with the economic shock brought about by the federal government's "shutdown".
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