economy

The United States' threat of tariffs against eight nations and the European Union (EU) over Greenland has triggered emergency meetings and retaliatory plans, revealing a system where strategic disputes are fought with economic weapons that impact global stability [53146, 53147, 53159]. The EU is preparing counter-tariffs worth up to $108 billion, a move France termed firing a "trade bazooka" [53174, 53347]. This dispute has forced the United Kingdom to reassess its Atlantic alliance and united European leaders in warning of a "dangerous spiral" that risks splitting the West [53156, 53168, 53277, 53236]. Concurrently, major economies are pursuing divergent, inward-focused strategies that prioritize corporate and state interests. Japan's government is considering an unprecedented tax cut ahead of an election, while its stock market hits a record high [53331, 53202]. China reports 5% growth, yet a crashing housing market is eroding family wealth and its population decline is accelerating, threatening its long-term economic engine [53380, 53382, 53345]. In this climate, corporations like FedEx are betting on automation and artificial intelligence to navigate the new trade era, a shift that replaces human labor with machines [53389]. The human costs of these geopolitical and corporate maneuvers are acute and immediate. In Ukraine, the power grid has failed under drone attacks, leaving civilians to freeze in the dark despite Western condemnations of Russia [53289, 53292]. Italy is sending industrial boilers for emergency heating, a direct humanitarian consequence of a conflict shaped by great-power economics [53290]. Away from war zones, surveys show plummeting hope for the next generation in developed hubs like Singapore, and young professionals are abandoning city careers for farming, signaling a crisis of faith in traditional economic pathways [53334, 53338]. <a href='/news/53146'>Trump Threatens Tariffs on Eight Nations Over Greenland Dispute</a> <a href='/news/53147'>Trump Tariffs Threaten EU Over Greenland Dispute</a> <a href='/news/53159'>Trump's Greenland Tariff Threat Sparks EU Emergency Summit</a> <a href='/news/53174'>France to Fire EU "Trade Bazooka" at U.S. Over Tariff Threats</a> <a href='/news/53347'>EU Readies $108 Billion Tariff Threat Over Trump's Greenland Remarks</a> <a href='/news/53156'>Trump Tariff Threat Over Greenland Unites European Allies</a> <a href='/news/53168'>EU Warns U.S.: New Tariffs Threaten to Split the West</a> <a href='/news/53277'>Trump's Greenland Trade War Forces UK to Rethink Alliance</a> <a href='/news/53236'>Europe Warns Trump: Greenland Tariffs Risk "Dangerous Spiral"</a> <a href='/news/53331'>Japan's Stock Market Hits Record High. Is It Still Cheap?</a> <a href='/news/53202'>Japan Considers Unprecedented Tax Cut as Election Nears</a> <a href='/news/53380'>China's Growth Hits 5%, But a Housing Crash Erodes Family Wealth</a> <a href='/news/53382'>China's Population Drops for Fourth Year, Decline Accelerates</a> <a href='/news/53345'>China's $3 Trillion Pill: Pharma Sector Becomes Economic Engine</a> <a href='/news/53389'>FedEx CEO Bets on Robots, AI to Navigate New Global Trade Era</a> <a href='/news/53289'>Ukraine's Power Grid Fails Under Drone Barrage</a> <a href='/news/53292'>Western Powers Condemn Russia, But Ukrainians Freeze in the Dark</a> <a href='/news/53290'>Italy Sends 378 Industrial Boilers to Heat a Freezing Ukraine</a> <a href='/news/53334'>Singapore's Hope for Next Generation Plummets, Survey Shows</a> <a href='/news/53338'>Young Professionals Ditch City Jobs to Farm</a>

Latest News

Trump Threatens EU: Tariffs or Greenland?
Sydney Morning Herald / The Age

Trump Threatens EU: Tariffs or Greenland?

European leaders are urgently debating their response to a new threat from former U.S. President Donald Trump. Trump has warned he will impose more t...

Trump's Venezuela Move Traps Russia and China
South China Morning Post (SCMP)

Trump's Venezuela Move Traps Russia and China

A U.S. operation in Venezuela has cornered its major allies, Russia and China. President Donald Trump's administration captured the country's leader,...

Young Professionals Ditch City Jobs to Farm
South China Morning Post (SCMP)

Young Professionals Ditch City Jobs to Farm

Aizat Halim, 31, starts his day at 5 a.m. He drives 50 kilometers from Kuala Lumpur to his fruit farm. This commute symbolizes his major career chang...