Keywords: Economic Policy
The Dutch pension fund PME, overseeing 60 billion euros in retirement savings for metal and technology sector workers, revealed plans on Thursday to ramp up investments in European assets and significantly cut back on US exposure. PME leaders declared that the United States is no longer the dependable......
U.S. President Donald Trump has unveiled a new initiative aimed at easing financial pressure on American families by introducing government-supported investment accounts for newborn children, known as “Trump accounts.” According to the White House, the accounts are expected to become operational......
India’s central bank has stepped in to defend the rupee after the currency plunged to a new record low against the U.S. dollar, marking one of its weakest stretches in recent years. The Reserve Bank of India (RBI) conducted a $5 billion foreign exchange swap auction on Tuesday, deploying one of......
Argentine President Javier Milei announced two key measures aimed at legally safeguarding budget balance and reinforcing his zero-deficit policy, central to his economic agenda. The announcement comes amid heightened tensions between the executive and Congress, following the approval of laws and the......
New tariffs reshape international trade dynamics US President Donald Trump has implemented sweeping tariffs on imports from over 90 countries, sparking diplomatic tensions and economic anxiety worldwide. The tariffs aim to address what the administration views as a skewed global trade system. On his......
The abrupt removal of Bureau of Labor Statistics (BLS) Commissioner Erika McEntarfer by President Donald Trump has ignited alarm over the politicization of economic data. The BLS, a globally respected agency, plays a crucial role in providing accurate employment statistics that guide policymakers, businesses,......
In a turbulent economic climate, Egypt's rental market is facing a monumental shift as decades-old rent control policies near their end. Since 2021, the Egyptian pound has plummeted by 70% against the dollar, with inflation soaring to a staggering 40%. These conditions have rendered the rental market......
U.S. President-elect Donald Trump has selected billionaire investor and hedge fund manager Scott Bessent to serve as Treasury Secretary, marking a critical appointment in shaping his economic agenda. The announcement comes during a wave of high-profile cabinet nominations following a withdrawal by Trump’s......
In a recent speech at the Economic Club of New York, former President Donald Trump revealed a bold initiative for streamlining federal spending, vowing to adopt a government efficiency plan backed by billionaire entrepreneur Elon Musk. The plan, should Trump return to the White House, would be centered......
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