The puzzle of why the Trump administration is so concerned with a falling yen has historical parallels not to the 1930s or the 1980s, but to the 1960s, when US officials feared that a crisis elsewhere could spread to America. With US bond yields spiking, Treasury Secretary Scott Bessent is getting desperate.
Photo by Bergen Davis via Pexels UN Climate Change is encouraging governments around the world to learn from Jamaica’s climate resilience and adaptation plans as the country works to protect itself from future shocks. In a case study published on 7 July, UN Climate Change set out Jamaica’s ‘2050 Long-Term Emission Reduction and Climate-Resilient Strategy’…
“Such a system would help ensure that no one is financially devastated by a serious illness or injury.”
Buoyed by AI stocks, global financial markets have largely shrugged off the war with Iran. Yet the conflict’s long-term economic costs are only beginning to emerge, as depleted strategic oil reserves, damaged refining capacity, and rising fuel and fertilizer costs increasingly weigh on lower-income economies. NEW DELHI—The on-again, off-again US-Israeli war against Iran has underscored…
The Australian Dollar (AUD) accelerated its rally against the US Dollar (USD) on Friday, hitting session highs above 0.7150 for the first time since early June and drawing closer to a three-month top, in the 0.7200 area. Australia’s business activity figures highlighted a steady growth in July, although the main driver for the pair remains…
Meta CEO Mark Zuckerberg arrives at Los Angeles Superior Court on Feb. 18, 2026. Jill Connelly | Getty Images Meta is set to report earnings after the market close Wednesday, and traders on prediction market platform Kalshi think the Instagram parent will use its conference call to highlight its Ray-Ban Meta smart glasses and push…
