China Trade Talks STILL ON
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California has slipped one notch in the bragging-rights totem pole to rank as the world’s fifth-largest economy in the latest update on global business output.
Also in today’s newsletter, criminal case opened against prominent Kremlin critics and Jay Powell signals support for rate cut
The IMF’s Kristalina Georgieva sees “exceptionally high” uncertainly persisting. Here’s her advice for nations navigating tricky economies.
Mr. Trump’s initial fury softened over the weekend, after his response led to the sharpest decline in stocks since April, when the president’s initial barrage of tariffs was announced. Still, his threat to slap an additional 100 percent tariff on Chinese imports was left dangling.
The world's richest countries seem prepared to run their economies hot, leaving money and budget policies loose despite elevated inflation and mountainous debt piles. Stocks and gold get the picture and it's a jarring prospect for bonds.
While much of the global debate on automation has focused on desk-based jobs, the report finds that frontier technologies are also revolutionizing hands-on sectors.