The productivity boom driven by artificial intelligence (AI) is widening the gap between corporate profits and…
Tag: Economy
US Trade Envoy Criticizes UK’s Post-Brexit Trade Strategy
US Trade Representative Jamieson Greer criticized the UK for not fully utilizing the opportunities presented by…
Europe Faces Economic Strain from Record Summer Heatwave
European governments are dealing with the economic effects of a summer heatwave that has hit agriculture…
Canada’s Economy Grows 3.3% in Q2 Amid Tariff Uncertainty
Canada's economy grew at an annualized rate of 3.3% in the second quarter of 2026. This…
India’s Industrial Output Growth Slows to 6.7% in July
India's industrial output, measured by the Index of Industrial Production (IIP), grew 6.7% year-on-year in July.…
US-Canada Trade Talks Collapse Amid Rising Tariffs
Trade negotiations between the United States and Canada broke down last week. This led to tariffs…
India Leads South Asia Growth Amid Global Supply Chain Shift
India continues to grow faster than its South Asian neighbors. It is expanding about two percentage…
Singapore Core Inflation Hits 2% in July Due to Energy Costs
Core inflation in Singapore rose to 2% in July, up from 1.6% in June. This information…
US Companies Receive $100 Billion in Tariff Refunds
U.S. companies are now receiving large tariff refunds totaling $100 billion. This follows a Supreme Court…
Romania Posts Highest EU Inflation at 8.2% in July 2026
Romania recorded the highest inflation rate in the European Union at 8.2% in July 2026. This…