Most big emerging economies, including China, Brazil and India, can weather U.S. tariffs without excessive pain, a study by risk consultancy Verisk Maplecroft showed, raising doubt about the clout of President Donald Trump's trade tools. The firm analysed the resilience of 20 of the biggest emerging markets using measures from debt levels to export-revenue reliance to gauge their ability to handle trade volatility and rapidly shifting geopolitical alliances. "Most manufacturing hubs globally are in a better position in their current baseline than you would think or give them credit for to...
The global geopolitical situation is once again showing signs of escalation, particularly in the Asia-Pacific region. A ship collision between the Chinese Coast Guard and the People's Liberation Army (PLA) Navy in the disputed South China Sea adds to the long list of lingering tensions. This incident has sparked renewed concerns about the stability of maritime trade routes vital to the regional economy. Elsewhere in the world, Russia and Belarus are holding large-scale military exercises titled Zapad 2025, seen as a sign of strengthening Russia's defense strategy amidst the ongoing conflict...
Initial jobless claims in the United States reached 232,000 for the week ending October 18, according to data from the US Department of Labor website. This represents a slight increase compared to the previous week. Meanwhile, continuing claims, which indicate the number of people still receiving unemployment benefits, reached 1.957 million in the same week, slightly higher than the 1.947 million the previous week. However, the jobless claims figures released this week are incomplete due to the government shutdown. Some unadjusted state-level jobless claims data is posted on the Department...