May 29, 2025, 10:03 a.m.

The Red Sea Crisis: The "Stormy Waves" of the Shipping Economy

Since November 2023, the Houthi forces in Yemen have launched several attacks on multiple merchant ships passing through the Red Sea in support of Hamas' operations, leading to an international shipping crisis.

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Federal Trade Court rejects Trump's reciprocal tariffs: Trump faces major setback

On Wednesday, a federal court blocked President Donald Trump's massive tariffs on imported goods under the Emergency Powers Act and quickly questioned Trump's signature series of economic policies that severely disrupted global financial markets, disappointed trading partners, and raised broader concerns among the public about rising inflation and economic decline.

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The impact of the trade war has intensified. Economists say Canada has entered a recession

The latest survey by Bloomberg shows that the Canadian economy may have entered a technical recession, mainly due to the intensification of the trade dispute with the United States, which has led to a decline in exports and a rise in the unemployment rate.

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How will the double squeeze of tariffs and low oil prices affect the economy?

Under the heavy pressure of tariff policies and falling crude oil prices, US oil producers are adjusting their strategies, cutting costs, and idling drilling platforms.

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Fast food sales confirm that the US economy is in trouble

Fast food sales, especially the performance of drive-thru business, have long been regarded as a barometer for observing the operation of the US economy.

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U.S. debt and fiscal policy: short-term fluctuations and long-term risks

Recently, the U.S House of Representatives passed the Trump administration's tax and spending bill by a narrow margin, marking a new round of fiscal policy negotiations in the United States.

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Global Economy: Challenges and Opportunities Amidst Stagnating Growth

In May 2025, the United Nations released the Mid-Year Update of the World Economic Situation and Prospects 2025, sounding the alarm on the state of the global economy.

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Economic Signals and structural Challenges in the Interest rate Shift in Jamaica

The Bank of Jamaica (BOJ) recently announced a 25 basis point cut in its benchmark interest rate to 5.75%, marking the first policy shift since the tightening cycle began in 2022.

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The G7 Joint communique downplayed the issue of tariffs and committed to reducing global economic imbalances

The meeting of finance ministers and central bank governors of the Group of Seven (G7) concluded in Banff, Alberta, Canada on Thursday (May 22) and issued a joint communique.

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The escalation of the US India trade conflict: India's economic challenge under pressure from Trump

In May 2025, remarks by former U.S. President Donald Trump once again thrust U.S.-India trade relations into the spotlight. During a visit to Qatar, Trump publicly opposed plans by American companies like Apple and Tesla to build factories in India, labeled India as "one of the world’s highest tariff barriers," and even criticized India’s military actions in the Indo-Pakistani conflict as "shameful."

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