In the heart of Beijing, Geng Xiaoyun’s Kunyuan restaurant once flourished, drawing patrons with its unique salt-baked chicken feet, affectionately known as “phoenix talons.” This tantalizing dish, featuring succulent American chicken feet, was a highlight on the menu. Today, it serves as a bitter reminder of the costly repercussions of burgeoning tariffs. Geng finds himself
World
The global aviation sector, having clawed its way back from the cataclysmic impact of the pandemic, now finds itself grappling with a perilous combination of geopolitical instability and a fiercely competitive landscape. Airline executives convening at this year’s summit in India must steer through not only an unpredictable trade war but also pressing environmental imperatives
In an audacious maneuver that feels both calculated and desperate, OPEC+ has once again decided to increase its oil output. With a lofty increase of 411,000 barrels per day set for July, the oil cartel seems determined to reclaim lost market share and put a proverbial thumb on the scale for countries like Iraq and
In a world interconnected by commerce and diplomacy, the recent gridlock in U.S.-China trade talks serves as a glaring example of how fragile these relationships can be. Treasury Secretary Scott Bessent’s recent remarks highlighting the stagnation of negotiations between the two superpowers underscore this precariousness, which is as alarming as it is predictable. The situation
South Korea finds itself ensnared in a political quagmire so severe that its economic stability now teeters on the brink. The recent decision by the Bank of Korea to slashing interest rates to 2.5% signifies not just a routine policy adjustment; it reflects the grim reality of an economy in distress. This isn’t merely a
In just under a year, over $130 billion in market capitalization has disappeared from ASML, a pivotal player in the semiconductor landscape. The company, once basking in the glow of a record high market valuation of $429.5 billion, has seen its shares plummet below a formidable threshold, reflecting the volatile currents of international trade and
As tensions run high on the international stage, particularly between China and the United States, one wonders how the world’s second-largest economy manages to push through the myriad of challenges it faces. Recent data reveals that China’s industrial profits have experienced a two-month upswing, with an impressive growth of 3% in April compared to the
The recent announcement by Volvo Cars regarding the cutting of 3,000 jobs has sent ripples through the automotive industry, and rightly so. As a company navigating its way through an ever-evolving automotive landscape, the Swedish automaker finds itself at a crossroads of innovation and necessity. Following a staggering 18 billion Swedish kronor cost-cutting plan, the
In the often tumultuous world of investment, the All-Weather strategy seeks to identify robust stocks capable of weathering any market storm. Launched earlier this year in light of escalating market tensions, particularly relating to policies from the Trump administration, the goal is to accumulate a portfolio of stocks that not only endure economic downturns but
In an era where technological advancements shape economic and geopolitical landscapes, Nvidia’s recent announcement about a new artificial intelligence chipset targeted at China raises eyebrows. The planned release is not merely a product launch; it’s a manifestation of defiance against restrictive U.S. embargoes that attempt to stifle Chinese progress. Priced between $6,500 and $8,000, this