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Canadian Prime Minister Justin Trudeau's top adviser, Marc Carney, has revealed that he apologized to US President Donald Trump over a controversial advertisement that sparked tensions between the two nations. The ad, which was pulled from airing in the province of Ontario, was criticized by Trump for reviving a decades-old...
01.11.2025
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The economic landscape was already shrouded in uncertainty, with tariffs and trade tensions casting a shadow over the US economy. But the ongoing government shutdown has significantly exacerbated the situation, depriving policymakers and economists of crucial data that would have helped them better understand the country's economic trajectory. For over...
30.10.2025
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Volkswagen, Europe's largest automaker, reported a significant loss of $1.5 billion in the second quarter, citing the impact of tariffs and a challenging market environment. The company warned that a global shortage of semiconductors could further disrupt its production and productivity. The loss was attributed to a combination of factors,...
30.10.2025
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As China and the United States engage in a heated trade war, President Xi Jinping is drawing inspiration from a pivotal moment in his country's history: the Opium War. Specifically, he's looking to the courageous stance of Lin Zexu, a Qing dynasty official who dared to challenge British aggression, despite...
29.10.2025
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In a move aimed at easing trade tensions with the United States, several Japanese executives have made significant investment pledges in the US. The announcements come after a series of high-profile meetings between US President Donald Trump and Japanese business leaders, who were urged to address the country's substantial trade...
28.10.2025
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As the trade tensions sparked by US President Donald Trump's tariffs continue to escalate, Bank of Canada Governor Mark Carney is positioning Canada as a stable and reliable trade partner, seeking to woo investors and businesses from Asia. In a bid to reassure investors and promote Canada's advantages, Carney has...
28.10.2025
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In a sudden and unexpected move, President Trump has suspended trade talks with Canada, injecting fresh uncertainty into the already strained relationship between the two nations. The decision comes on the heels of a television advertisement that aired recently, featuring a 1987 speech by President Ronald Reagan criticizing the detrimental...
24.10.2025
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