- Tanking oil prices could more than double Saudi Arabia's deficit to $75 billion and threaten spending plans: Goldman Sachs economiston April 10, 2025 at 9:39 am
Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price forecast for 2025 to $62 a barrel.
- Jamie Dimon says a recession is 'likely outcome' from Trump's tariff turmoilon April 9, 2025 at 9:21 pm
- China says it will continue to take 'resolute and forceful' countermeasures as U.S. tariffs kick inon April 9, 2025 at 12:53 pm
China's foreign ministry reiterated Wednesday that it will take "resolute and forceful" measures to protect its own interests.
- The oil-rich Gulf states are better-positioned to weather the tariff storm — but crashing crude prices could spell troubleon April 9, 2025 at 8:30 am
The countries of the GCC — Saudi Arabia, the UAE, Bahrain, Kuwait, Oman, and Qatar — hold approximately 32.6% of the world's proven crude oil reserves.
- Trump says tariffs will accelerate reshoring, but experts say it's not that easyon April 7, 2025 at 6:39 pm
President Donald Trump may hope his tariffs bring manufacturing and jobs to the U.S., but the reality is not so simple, according to experts.
- CEOs think the U.S. is 'probably in a recession right now,' says BlackRock's Larry Finkon April 7, 2025 at 6:14 pm
The asset management executive also said that the he thinks the tariffs of President Donald Trump could put upward pressure on inflation.
- Trump is losing the confidence of business leaders, billionaire investor Bill Ackman sayson April 7, 2025 at 12:50 pm
Bill Ackman said that America is heading toward a self-inflicted "economic nuclear winter" as a result of President Donald Trump's tariff policy rollout.
- President Donald Trump says Fed Chair Powell should cut interest rates and 'stop playing politics'on April 4, 2025 at 6:22 pm
Trump said in a social media post this would be the "perfect" time for the central bank to cut rates, but inflationary impact of tariffs could be an issue.
- El-Erian says U.S. recession risks are now 'uncomfortably high'on April 4, 2025 at 6:19 pm
"If the U.S. slows down, the rest of the world will slow down more," the veteran economist warned.
- China to impose 34% retaliatory tariff on all goods imported from the U.S.on April 4, 2025 at 1:40 pm
Beijing's measures come in the wake of duties imposed by U.S. President Donald Trump's administration earlier this week.
Click Advertiser ♥
Your text link here $25 per month
-
-
-
-