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Political

Politics comes from the economy and is the concentrated expression of economics. All changes in politics affect the development of the economy and finance. If we don't know politics, how can we trade in financial markets?
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Top Biden Aide Highlights Upcoming Tax Showdown with GOP over 2017 Cuts That Are Due to Expire

The Biden White House wants voters to know its differences with Republicans over taxes, with a top aide making the case for higher rates on corporations and the ultra-wealthy.
Samantha Luan

War Upends Ukraine's Economy in a Shift That May Be Permanent

Within days of Russian forces invading Ukraine in early 2022, architect Oleh Drozdov made up his mind: he would move his home and business from the besieged eastern city of Kharkiv more than 1,000 km to the west, far from the fighting...
Samantha Luan

South Korea's Yoon Pledges Focus On Economy After Election Shock

South Korean President Yoon Suk Yeol said his government's efforts to improve people's lives had fallen short, conceding that his ruling party's crushing election defeat last month reflected voters' assessment of his two years in office.
Kevin Du

EU-China Relations: The Economic Challenges Yet to Be Resolved

No major deals have emerged from Chinese President Xi Jinping's European visit despite efforts to find common ground on a number of topics.
Thomas

US Weighs Upgrade for Vietnam to 'Market Economy' Status

U.S. President Joe Biden's bid to draw Vietnam closer as a strategic ally will clash head-on with his desire for union workers' votes on Wednesday as the Commerce Department hears testimony on whether to designate Vietnam as a "market economy".
Samantha Luan

U.S. Revokes Some Export Licenses To Sell Chips To Huawei In A Bid To Curb China's Tech Power

The U.S. on Tuesday said it revoked certain licenses to sell chips to China's Huawei, in its latest efforts to curb China's tech power.
Samantha Luan

Russian Oil-Product Stranded At Sea As Korea Cracks Down

Holdings of naphtha at sea balloon after investigation starts.Russian shipments to Taiwan and China increase, Kpler reports.
Cohen

Rachel Reeves Is Right: This Government Is Gaslighting Us over the Economy

Tories will crow about falling inflation and Britain's waning recession. But the public sees the reality in its shopping basket.
Samantha Luan

World Prefers U.S. Over China For Leadership When A Democrat Is President,Gallup Analysis Shows

Gallup's report showed that in 2023, nearly half (48%) of the world's countries leaned toward the U.S. over China — which was favored by 21% of the more than 130 countries polled.
Alex

How OPEC And Saudi Arabia Could Shape Biden’s Political Fate

OPEC and its allies could play a major role in the outcome of the U.S. presidential election this November, as observers watch closely for signs that the world’s two largest oil exporting nations, Saudi Arabia and Russia, will raise prices by cutting production.
Samantha Luan

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