Investors may want to reduce their exposure to the world’s largest emerging market. Perth Tolle, who’s the founder of Life + Liberty Indexes, warns China’s capitalism model is unsustainable. “I think the thinking used to be that their capitalism would lead to democracy,” she told CNBC’s “ETF Edge” this week. “Economic freedom is a necessary, but not sufficient … Read more
Elon Musk has pledged to “fix” X’s fact-checking tool in response to opinion polling that contradicts United States President Donald Trump’s claim that Ukrainian President Volodymyr Zelenskyy is deeply unpopular in his country. Rowing in behind Trump’s attacks on Zelenskyy on Thursday, Musk claimed that his social media platform’s “community notes” feature was being “gamed” … Read more
Egypt’s foreign minister, Badr Abdelatty, has confirmed Cairo is ‘actively developing’ a reconstruction plan for Gaza. The Egyptian government is developing a plan to rebuild Gaza without displacing the Palestinian enclave’s population, as it attempts to provide a viable alternative to United States President Donald Trump’s controversial proposal to “take over” the territory and displace … Read more
Hours before Indian Prime Minister Narendra Modi’s visit to the White House, President Donald Trump announced that the United States would levy reciprocal tariffs on its trading partners. It could hardly have come at a tougher time for India, which is already pressed by a slowing economy and sluggish demand. At a joint news conference, … Read more
U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands, at the White House in Washington, D.C., U.S., Feb. 13, 2025. Kevin Lamarque | Reuters New Delhi and Washington will work to more than double bilateral trade to $500 billion by 2030, Indian Prime Minister Narendra Modi said at a joint press conference … Read more
United States President Donald Trump has signed a plan rolling out increased import duties for every trading partner that taxes US imports, stating that he was doing so to bring a sense of “fairness” to commerce. Sitting in the Oval Office on Thursday, Trump described the tariffs as reciprocal, meaning that the US would automatically … Read more
U.S. President Donald Trump sits in the Oval Office of the White House in Washington on Feb. 13, 2025. Kevin Lamarque | Reuters Defense stocks dropped sharply Thursday afternoon after President Donald Trump suggested the U.S. could massively cut defense spending. Trump said Thursday at the White House the U.S. could cut defense spending in … Read more
As the United States winds back humanitarian assistance in Southeast Asia, its rival China may see an opportunity to expand its influence in a region where it has directed billions of dollars in investment and aid, analysts say. In a little over three weeks since US President Donald Trump’s inauguration, Washington has frozen nearly all … Read more
The consumer price index rose 0.5% in January, and is up 3.0% over the last 12 months, according to the Bureau of Labor Statistics. Economists surveyed by Dow Jones were expecting a monthly rise of 0.3% and a 2.9% increase year over year. Core CPI, which excludes volatile food and energy prices, rose 0.4% for … Read more
United States President Donald Trump has announced plans to impose 25 percent tariffs on all steel and aluminium imports, and reciprocal tariffs on countries levelling duties on US goods. On Monday, during a signing ceremony at the Oval Office, Trump announced the tariffs on foreign steel and aluminium were to be imposed “without exceptions or exemptions”. … Read more