Author Archives: Jack Smith

Toyota sees 21% profit decline as tariffs take a bite

Toyota sees 21% profit decline as tariffs take a bite

You need to be aware that Toyota is forecasting a 21% profit decline for the current financial year, highlighting significant challenges ahead for the global automaker. The impact of US tariffs and a stronger yen is weighing heavily on their earnings, despite solid demand for hybrid vehicles. As these factors drive up costs and consumer […]

Stop worrying, America. Just keep watching The Trump Show

The Trump Show

Just when you think the political and economic landscape can’t get more unpredictable, the drama continues with big promises and vague announcements from the Trump administration. You’re faced with uncertainty about trade deals, rising tariffs, and potential shortages, yet the spectacle goes on. While you watch, it’s important to understand that behind the scenes, decisions […]

Xi Jinping set to arrive in Moscow as Putin’s guest of honor ahead of Victory Day military parade

Xi Jinping set to arrive in Moscow as Putin's guest of honor ahead of Victory Day military parade

As you watch the developments between Russia and China, you’ll notice that Xi Jinping’s upcoming visit to Moscow marks a significant show of unity between the two nations, with mutual trust and cooperation being the primary focus of the trip, amidst a backdrop of escalating trade tensions with the US and ongoing conflict in Ukraine. […]

Live updates: India, Pakistan on brink of war, India attack in wake of Kashmir massacre

India, Pakistan on brink of war, India attack in wake of Kashmir massacre

Many tensions have escalated dramatically between India and Pakistan following a deadly tourist massacre in Indian-controlled Kashmir. You should be aware that India launched targeted strikes on Pakistan and Pakistan-administered Kashmir, claiming to hit terrorist infrastructure responsible for the attacks. In response, Pakistan alleges it shot down multiple Indian jets, while both sides report civilian […]

Trump’s refusal to blink on tariffs raises the risks of an ugly endgame | Politics

Business News and Stock Market

Refusal to Compromise One of the defining characteristics of President Trump’s approach to trade has been his refusal to compromise. He seems unwavering in his belief that the United States is a victim of unfair practices by other countries, particularly in his trade war with China. His threats to increase tariffs on imports to over […]

Live updates: Trump news, China tariff war escalates, Supreme Court backs deportations

Trump news, China tariff war escalates, Supreme Court backs deportations

President Trump’s Tariff Threats Threats from President Trump loom large, as he has signaled plans to impose an additional 50% tariff on China if the country fails to remove its retaliatory duties. With growing fears of a global recession, Trump remains steadfast in his approach, stating he is not considering a pause in enforcing these […]

US stocks set for a major bounce back from their tariff doom spiral | Business News

US stocks set for a major bounce back from their tariff doom spiral

Stock Market Overview For investors, the recent volatility has created a significant opportunity for a rebound. After a sharp decline driven by fears surrounding President Trump’s tariff policies, Dow futures surged by 1,000 points or 2.5%. This bounce back is likely fueled by stocks appearing historically cheap, as the price-to-earnings ratio for S&P 500 companies […]

Trump seems to think America needs a recession. Some people are still recovering from the last one

Trump seems to think America needs a recession
A recession may seem to you just another stage in the cycle of the economy, but it can have deep, even permanent, consequences for people and communities. As President Donald Trump suggests the need to sacrifice some of the economy’s gains in exchange for fighting the coronavirus, it’s worth remembering just what a toll the last recession [...]