Lai Ching-te’s Leadership Under Fire After DPP Setbacks
Lai Ching-te’s second National Day speech contrasts with DPP’s legislative losses, a failed recall vote and a shrinking manufacturing PMI in the Taiwan region.
Economy
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Gold Soars Past $4,000/Oz, Smashing Record!
Spot gold prices topped $4,000 an ounce for the first time, closing at $4,004.40 and prompting Goldman Sachs to raise its December 2026 forecast.
French PM Lecornu Reveals New Cabinet Lineup
French PM Sebastien Lecornu announced his first cabinet lineup with Bruno Le Maire as defense minister and Roland Lescure as economy minister. 18 names were unveiled ahead of Monday’s meeting.
US Government Shutdown Puts Democracy on Pause
The US government has shut down, halting parks, paychecks, and economic data. What does this latest political deadlock mean for citizens and markets?
US Government Shutdown Sparks a ‘Soft Default’ Scare
As the US faces a partial shutdown, worries grow over a soft default on American debt. Here’s what young investors and global markets need to know.
US Government Shutdown Sparks Blame Game
Senate fail leads to first federal shutdown in 7 years, costing billions and furloughing thousands in a fresh blame game.
OECD Forecast: Global GDP Slows to 3.2% in 2025 and 2.9% in 2026
The OECD predicts global GDP growth will cool to 3.2% in 2025 and further to 2.9% in 2026, driven by tariffs, policy uncertainty, and the need for structural reforms.
EU Rolls Out 19th Sanctions Package Against Russia 🌍
EU introduces its 19th sanctions package against Russia, marking the latest in Brussels’ ongoing economic pressure. Key details inside.
Japan’s Exports to U.S. Slide for 5th Month Amid Auto Slump
Japan’s exports to the U.S. fell for the fifth straight month in August, led by a 28.4% drop in auto shipments. Imports rose on aircraft orders, pushing the trade balance into a deficit again.
Seoul–Washington Tariff Talks Stall: Korean Firms in the Balance
Tariff talks between South Korea and the US have stalled as President Lee Jae-myung pushes to protect Korean firms while ironing out deal details.