Tariffs to raise costs, delay oil and gas projects in 2026, report says
The energy industry relies heavily on global supply chains and internationally sourced materials such as drilling rigs, valves, compressors and specialized steel are central to
European stocks fall as traders wait for US inflation data
China’s Shanghai Composite Index hit its highest since August 2015, and European markets initially opened higher, but fell during the session. European stock markets slipped
The flawed rationale behind America’s “reciprocal tariffs”
On 2 April 2025, the Trump administration declared a “national emergency” caused by “large and persistent US goods trade deficits” and announced the imposition of
The (non) effect of tariffs on manufacturing employment
The two most prominent arguments President Trump has advanced for his trade war – both during the early months of his second term, and for
European stocks fall, dollar steady, traders wait for Jackson Hole
Euro zone business activity expanded in August, PMIs show. European stock markets fell slightly in early trading on Thursday, hovering just below recent highs, as
Fentanyl: The transnational vector of violence
Since 2013, synthetic opioid overdoses have surged in the US, claiming over 70,000 lives each year. This crisis has had international spillovers, reigniting drug-related violence
Dollar forges higher as Trump releases new tariff barrage
Yen sinks, Bank of Japan signals no hurry to resume rate hikes. The dollar headed for its strongest weekly performance in almost three years against
Oil steadies as investors mull US tariff impacts
Investors weigh impact from Trump threats over Russian oil. Oil prices were little changed on Friday and heading for a weekly gain as investors weighed
U.S. tariff of 15% on EU goods is all-inclusive, EU official says
The tariff framework will apply broadly to EU exports, except for steel and aluminium, the official said. The 15% rate will also apply to cars
Oil slips as OPEC+ output hikes counter Russia disruption concerns
Trump’s threats come amid renewed concerns about oil demand and some analysts expect faltering economic growth in the second half of the year Oil slipped
