Kuwait is experiencing a critical phase of economic transformation aimed at decreasing its heavy reliance on oil. Efforts to diversify the economy have gained momentum, particularly given the recent economic challenges and global shifts. With global oil dynamics constantly evolving and the
President Donald Trump's recent speech to Congress has brought to the forefront his administration's aggressive policies and their impact on an already divided nation. As Trump embarks on his second term, the political, social, and economic landscapes appear more polarized than ever. This
The global economy has transformed considerably since the Bretton Woods system was established in 1944, initially built on fixed exchange rates which enabled profound economic integration. Although this arrangement was discarded in 1973, the movement towards globalization continued, reaching its
The RecessionAlert Weekly Leading Economic Index (WLEI) is a composite index crafted to anticipate recessions in the U.S. economy. By leveraging over 20 diverse time-series data points across multiple economic sectors, this tool aims to provide early warnings of potential downturns. As such, it has
With President Donald Trump set to deliver a major speech to Congress, there is a mounting sense of economic anxiety as his economic policies come under scrutiny. Initially, Trump experienced a surge in consumer confidence following his election, but recent polls reveal a significant decline in
The first 100 days of Indonesian President Prabowo Subianto's administration have been marked by economic uncertainty and market instability, leaving investors and citizens alike unsure about the future. President Prabowo’s economic strategies and their consequences on Indonesia's f
