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.
Economy
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.
Vice Premier He Lifeng: China’s Commitment to Safeguard Rights Unwavering
During US-China economic and trade talks, Vice Premier He Lifeng reaffirmed China’s unwavering commitment to protect national interests and the rights of Chinese-funded enterprises overseas.
Chinese Mainland Delegation Shares Key Takeaways from US Trade Talks in Madrid
The Chinese mainland delegation shared insights from its Madrid economic and trade talks with the U.S., highlighting mutual goals in tech, green energy, and market access.
Madrid Hosts 2nd Day of Chinese Mainland–U.S. Trade Talks
On day two in Madrid, the Chinese mainland and U.S. delegations dive into tariffs and trade issues. Discover why Spain hosts, past lessons, and what’s next.
Chinese mainland, U.S. Teams Reconvene in Madrid for Day Two of Trade Talks
Delegations from the Chinese mainland and the U.S. reconvened in Madrid for the second day of economic and trade talks, aiming to boost global cooperation.