Economy

On May 18, 2025, India banned Bangladeshi garments from land borders and restricted other goods—cotton, foods, furniture—at six northeastern entry points, citing “reciprocal” measures after Bangladesh’s yarn and rice import bans (Reuters). The move follows the 2024 ousting of India’s...

Amid political backlash and corporate retreat, abandoning diversity, equity, and inclusion (DEI) in industry events threatens meaningful progress and business growth. This article explores why now is the time to double down on DEI—not drop it. Industry Must Not Abandon...

Economists Joseph Stiglitz and Martin Guzman in an astute column on May 13, 2025 on VoxEU suggest the concept of pseudo-wealth—generated not from real economic resources. This, coupled with hopes for the future differing from expectations, can create false perceptions...

Four months into his second term in office, Donald Trump has abruptly changed economic policy from the populism of his presidential campaign in 2024 to the high-stakes, tariffs-led approach of accepting short-run economic "pain" and the chance of recession. Mixed...

Japan’s economy is wobbling, and it’s no surprise who’s getting squeezed the hardest. Preliminary government data dropped a bitter pill on Friday: the nation’s GDP shrank by 0.2% in the March quarter, the first contraction in a year. Exports, the...

As President Donald Trump begins his second term, his bombastic tariff strategy has ignited a firestorm of criticism both domestically and internationally. In a throwaway remark over the weekend, Trump suggested that American children might have to be content with...

As the post-American world takes shape, Turkey wants to be a player, not a pawn. But its strategic overreach—and economic fragility—could turn ambition into vulnerability. In today’s fragmented world order, where no single power reigns supreme and everyone is hedging...

Turkey is expanding its global influence amid rising multipolarity, deepening ties with both East and West. But can it sustain its ambition without alienating key partners or weakening its economy? Turkey’s Middle-Power Renaissance in a Fracturing World In an era...

The World Bank, in an enthralling interview broadcast on television by Arise News on 13th May 2025, gave a jaw-dropping estimate of Nigeria's economy, stating that Nigeria must increase its current rate of growth by five times if it is...

President Trump’s $600B investment deal with Saudi Arabia includes a $20B promise for AI data centers—but is it real, new, and enforceable? This in-depth analysis reveals what’s missing, what’s misleading, and why it matters for America's AI future. Global Partnerships,...

The truce reached in Geneva between the United States and China was met with visible relief across global markets. Stock indices surged, and commentators were quick to herald the "breakthrough." Yet amid this post-truce optimism, it’s crucial to remember that...

As inflation remains high and growth slows, fears of stagflation are resurfacing. Explore the warning signs, economic risks, and what it could mean for American workers, businesses, and policymakers. America's economy, that great, groaning beast, is puffing along, according to...

Indiana’s clean energy tax credits aren’t just some wonky policy footnote they’re a lifeline for working folks, a shot in the arm for local economies, and a middle finger to the smog-choked status quo. These credits, born in 2022 under...

Canada’s unemployment crisis is spiraling. Discover the shocking truth behind the rising jobless rate, the real policy failures fueling the downturn, and why it’s not just about Trump. Canada’s job market is deteriorating — and fast. In April 2025, the...

Discover why countries around the world maintain tariffs despite their economic drawbacks. Explore the political, psychological, and economic forces driving global protectionism in this comprehensive analysis. The Paradox of Tariffs in a Global Economy Despite decades of economic research showing...