Insights
During Donald Trump's presidency in 2017, he initiated a large-scale trade war against China, primarily based on Section 301 of the Trade Act. The U.S. imposed high tariffs on Chinese imports to address the U.S.-China trade imbalance and intellectual property disputes. This trade war heightened i...
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The ongoing influence of U.S. President-elect Donald Trump's tariff increase threat continues to ripple across the globe. The Washington-based nonprofit think tank, the Information Technology and Innovation Foundation (ITIF), has released a report of "Trump Risk Index," ranking 39 U.S. allies by the...
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According to a report from Yahoo Finance, from aviation giant Boeing to automotive powerhouse Stellantis and struggling chipmaker Intel, a wave of CEO departures has swept across global corporations. This year, over 1,800 CEOs worldwide have stepped down, setting a new record. The report by Yahoo...
Insights
Global oil demand for this year and next has been revised downward for the fourth time by OPEC, according to its report released on November 12. The report states that the OECD has reduced its 2024 global oil demand growth forecast by 107 thousand barrels per day (tb/d) to 1.8 million barrels per...
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As global economic growth slows, many central banks around the world have begun to cut interest rates in an effort to reignite economic expansion. One of the main reasons driving this move is that the year-on-year inflation rate in most countries has gradually declined from its post-pandemic peak to...