U.S. President Donald Trump said he thinks Kevin Warsh, his pick to head the Federal Reserve, should have no trouble winning confirmation. https://www.japantimes.co.jp/business/2026/02/01/economy/trump-fed-warsh-democrats/?utm_medium=Social&utm_source=mastodon #business #economy #federalreserve #us #globaleconomy #donaldtrump #congress #kevinwarsh #democrats #republicans
China’s export-driven economic model is undermining job opportunities for Asia’s Gen-Z, hitting both low- and high-end industries and risking economic frustration and political unrest across the region. https://www.japantimes.co.jp/commentary/2026/01/26/world/asias-gen-z-chinas-1-trillion-surplus/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #thailand #indonesia #china #southeastasia #chineseeconomy #globaleconomy #gdp #trade #jobsgenz
U.S. Federal Reserve Gov. Lisa Cook was joined by central bank Chair Jerome Powell at Supreme Court proceedings over whether President Donald Trump can legally her. https://www.japantimes.co.jp/news/2026/01/22/world/politics/cook-powell-us-supreme-court-fire-fed/?utm_medium=Social&utm_source=mastodon #worldnews #politics #federalreserve #lisacook #jeromepowell #us #donaldtrump #republicans #globaleconomy #ussupremecourt
Chinese Vice Premier He Lifeng stepped up a defense of his country’s economic track record, dangling the prospect of greater access to its domestic market to reduce imbalances in trade. https://www.japantimes.co.jp/business/2026/01/21/economy/china-growth-model-davos/?utm_medium=Social&utm_source=mastodon #business #economy #china #helifeng #davos #globaleconomy
De-dollarization: Is the US dollar losing its dominance?
https://www.jpmorgan.com/insights/global-research/currencies/de-dollarization
#HackerNews #DeDollarization #USDollar #Dominance #GlobalEconomy #CurrencyTrends #FinancialNews
If the U.S. Supreme Court strikes down President Donald Trump’s tariffs, the Trump administration plans to begin replacing them almost immediately with other levies, U.S. Trade Representative Jamieson Greer said. https://www.japantimes.co.jp/business/2026/01/20/economy/jamieson-greer-supreme-court-us-tariffs/?utm_medium=Social&utm_source=mastodon #business #economy #us #supremecourt #tariffs #trade #donaldtrump #globaleconomy
The collective wealth of the planet’s billionaires soared to a record level in 2025, charity Oxfam reported, warning of “highly dangerous” political consequences as the global elite gathers for the World Economic Forum. https://www.japantimes.co.jp/business/2026/01/19/economy/billionaire-threat-oxfam-davos/?utm_medium=Social&utm_source=mastodon #business #economy #davos #globaleconomy #oxfam
Recent comments by powerful American CEOs could be seen as mild pushback against Donald Trump, who has waded into business mechanics like no other U.S. president. https://www.japantimes.co.jp/business/2026/01/19/companies/us-ceos-pushback-trump/?utm_medium=Social&utm_source=mastodon #business #companies #us #donaldtrump #globaleconomy #companies
Ursula von der Leyen's preference for trade concessions over confrontation with U.S. President Donald Trump has done nothing to impede Washington and little to benefit the European Union, numerous officials said. https://www.japantimes.co.jp/news/2026/01/19/world/politics/trump-greenland-tariffs-eu-focus/?utm_medium=Social&utm_source=mastodon #worldnews #politics #eu #europe #us #globaleconomy #tariffs #trade #greenland #donaldtrump #ursulavonderleyen
Canada has long stuck closely to the U.S. on China policy, even through a diplomatic crisis over high-profile prisoners. Along with historic trade ties, that alignment is now cracking. https://www.japantimes.co.jp/business/2026/01/18/economy/canada-china-us-trump-analysis/?utm_medium=Social&utm_source=mastodon #business #economy #canada #us #markcarney #donaldtrump #china #xijinping #globaleconomy #trade #tariffs
Business and political elites head to the World Economic Forum's annual meeting in Davos next week with its vision of a rules-based global economic order being tested to the limits. https://www.japantimes.co.jp/news/2026/01/14/world/politics/davos-global-order-trump/?utm_medium=Social&utm_source=mastodon #worldnews #politics #davos #worldeconomicforum #us #donaldtrump #globaleconomy
Jerome Powell, head of the U.S. Federal Reserve, said the Justice Department has opened a criminal investigation against him. Here’s what to know on Trump’s escalating pressure campaign on the Fed. https://www.japantimes.co.jp/business/2026/01/13/markets/donald-trump-fed-explainer/?utm_medium=Social&utm_source=mastodon #business #markets #jeromepowell #us #federalreserve #donaldtrump #globaleconomy
Fed chair Jerome Powell revealed Sunday that the Justice Department had subpoenaed the U.S. central bank, blasting the move as part of President Donald Trump's pressure campaign. https://www.japantimes.co.jp/business/2026/01/12/economy/us-fed-powell-subpoena-trump/?utm_medium=Social&utm_source=mastodon #business #economy #federalreserve #globaleconomy #jeromepowell #us #donaldtrump
dch :flantifa: :flan_hacker:
and 2 others
boosted
It is absolutely infuriating to see the US securing an exemption from the OECD global tax deal. Once again, the interests of multinational corporations are being prioritised over global equity.
While the rest of the world attempts to set a floor on the "race to the bottom" by implementing a 15% minimum corporate tax, the US is carving out a loophole that allows its biggest companies to continue dodging their fair share. This isn't just a technicality; it’s a direct assault on the ability of nations to fund public services, healthcare, and climate action.
We cannot build a fair global economy when the wealthiest nation on earth acts as a shield for corporate greed. We need international solidarity that puts workers and communities ahead of billionaire shareholders.
#taxjustice #corporatewealth #globaleconomy #leftist #equity #oecd
Kevin Carson
boosted
#EuropeanUnion Agrees to Landmark #FreeTrade Deal With #SouthAmerica
The agreement with #Argentina, #Brazil, #Paraguay & #Uruguay represents a push for deeper global cooperation, in contrast to the #UnitedStates turning to coercion & #force in its dealings with other countries.
#geopolitics #GlobalEconomy
https://www.nytimes.com/2026/01/09/business/economy/european-union-mercosur-trade.html?smid=nytcore-ios-share
#EuropeanUnion Agrees to Landmark #FreeTrade Deal With #SouthAmerica
The agreement with #Argentina, #Brazil, #Paraguay & #Uruguay represents a push for deeper global cooperation, in contrast to the #UnitedStates turning to coercion & #force in its dealings with other countries.
#geopolitics #GlobalEconomy
https://www.nytimes.com/2026/01/09/business/economy/european-union-mercosur-trade.html?smid=nytcore-ios-share
A United Nations report forecasts global economic growth to decline to 2.7% in 2026 from 2.8% last year before increasing to 2.9% in 2027 — still down from a pre-pandemic average of 3.2% between 2010 and 2019. https://www.japantimes.co.jp/business/2026/01/09/economy/un-global-growth-forecast/?utm_medium=Social&utm_source=mastodon #business #economy #globaleconomy #economicindicators #un
Do not mistake a resilient global economy for populist success
#HackerNews #resilientEconomy #populism #globalEconomy #economicTrends #politicalAnalysis #Economist
