Miran, we’re not in Triffin land anymore
Stephen Miran, Chair of the US Council of Economic Advisers, claims that we live in ‘the world of Triffin’, meaning that foreign official accumulation of
Monetary policy spillovers in the global economy
Over and over in the history of the international monetary system, national policymakers have pointed to – and voiced concerns about – the effects of
China-US blossoming petchem ties could be trade war casualty
The often overlooked yet rapidly expanding petrochemical feedstock trade between the United States and China could become one of the biggest casualties in the two
US offshore wind farm projects slow as Trump opposition adds to hurdles
Energy firms have slowed construction of offshore wind farms in the U.S. for various reasons in recent years, including, most recently, opposition from U.S. President Donald Trump’s administration. Offshore
LG Energy Solution flags 138% rise in Q1 operating profit
LG Energy Solution (LGES), an electric vehicle (EV) battery supplier for General Motors and Tesla, estimated on Monday a 138% rise in its quarterly operating profit.
Toyota to boost EV models to 15, targets producing 1 million by 2027, Nikkei says
Toyota aims to have about 15 electric vehicle models developed on its own by 2027 and is targeting production of about 1 million cars a year
US oil service firms set for hit from Trump tariffs, tumbling oil prices
U.S. oilfield service firms are bracing for a hit as President Donald Trump’s tariffs throw supply chains into disarray and tumbling oil prices set the stage for
Goldman Sachs lowers 2026 oil price forecasts again
Goldman Sachs revised down its annual average price forecasts again for Brent and WTI crude in 2026, citing increased recession risks and the possibility of
EU challenges Italy’s use of ‘golden power’ rules for banking sector deals
The European Commission is challenging Italy for its use of “golden powers” legislation to screen bank acquisitions, a spokesperson said on Friday, a move that
Santander boss Botin warns of impact from US tariffs but says bank’s diversification will help
Spain’s Santander Executive Chair Ana Botin warned about the uncertainty caused by U.S. trade tariffs on Friday as markets fret about a rapid economic downturn, but said the
