President Donald Trump's upcoming announcement to introduce new tariffs on foreign imports, being touted as "Liberation Day," seeks to create parity between U.S. import duties and those other countries impose on American goods. These measures are intended to boost American
U.S. stock futures are moving downward as investors anticipate the release of the Personal Consumption Expenditures (PCE) data, a crucial indicator of inflation. The February data is projected to show continued elevation in inflation rates. Analysts estimate the annual inflation rate will remain at
The Iranian middle class is currently grappling with severe economic distress, a direct consequence of the country's ongoing economic crisis. Central to this predicament is the significant devaluation of the Iranian rial and the compounded effects of longstanding international sanctions, which
The arrest of Ekrem Imamoglu, Istanbul's prominent mayor and significant political contender, has sent shockwaves through Turkey's economy, causing severe repercussions in its financial markets. This development has instigated a cascade of investor apprehension regarding the stability of
Kazakhstan's banks have taken a particularly stringent approach to regulating transactions with Russian businesses, raising concerns about whether these measures are overly cautious and potentially harmful to legitimate trade. Russia argues that Kazakh banks are imposing excessive regulations
Canada faces growing economic threats from adversarial states like China and Russia, as well as unexpected issues arising from its trade relationship with the United States. These challenges necessitate a comprehensive evaluation and strengthening of Canada's economic statecraft strategy to