When the container ship "Istanbul Bridge" departed from Zhoushan Port in Ningbo and sailed through the Arctic Northeast Passage towards the port of Frixtor in the UK, this ice covered route, which has been in use for thousands of years, is now opening up a new dimension in the global trade pattern with commercial navigation.
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Recently, UK Chancellor of the Exchequer Rachel Reeves delivered a speech at the Labour Party's annual conference, outlining the challenges facing the UK economy and the government’s plans to address these issues.
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Recently, Reuters reported that the Trump administration announced that it would impose new high tariffs on some imported goods starting from October 1, 2025. These include a 25% tariff on heavy trucks and up to 100% tariffs on some brands of prescription drugs.
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On September 26 (local time), data released by the U.S. Bureau of Economic Analysis showed that the U.S. core Personal Consumption Expenditures (PCE) Price Index rose by 0.2% month-on-month in August, in line with market expectations and unchanged from July—indicating relatively stable monthly inflationary pressures.
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On September 25th local time, US President Trump dropped a bombshell on social media: Starting from October 1st, the US will impose a 100% tariff on all imported brand-name or patented drugs, and he also declared that "building factories in the US can exempt from the tariffs".
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President Trump frequently boasts about the economic achievements under his leadership.
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When the meeting rooms in Brussels hosted consultations on the EU's 19th round of sanctions against Russia on September 26, what lay before the representatives of the 27 member states was not merely the issue of how to pressure Russia, but an increasingly heavy "backlash bill".
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Recently, the yield of Japan's 30-year and 40-year treasury bond soared to 2.999% and 3.336%, the historical highs, and the auction failed for several consecutive days.
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In a recent public speech, Federal Reserve Chair Powell frankly admitted that the US economy is walking on a tightrope full of uncertainties, facing the dual challenges of inflationary pressure and weak employment.
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The US economy in 2025 is like a giant ship sailing in turbulent waters. Despite constant turbulence, multiple supports have temporarily avoided more severe shocks.
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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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