The Senate recently passed a bill to reduce federal funding for public broadcasting, including NPR and PBS, by $9 billion. This move, which hasn't happened in over three decades, is now awaiting a final vote in the House of Representatives. If approved, it will mark a significant victory for Preside
Singapore is still the priciest place for wealthy folks, according to a recent study. This is the third year in a row it's held this spot. The study looked at the cost of fancy stuff like cars, jewelry, and private schools in 25 big cities around the world. It also asked rich people with at least $1
Luckin Coffee is making big waves in China's coffee scene. This new brand is using smart tech to grow fast. It's not just about selling coffee. It's about how they're doing it. First, let's talk about where they're setting up shop. Most Luckin stores are in big, busy cities. Places like Beijing, Sh
Europe is in a tough spot. The U. S. just dropped a big surprise: 30% tariffs on European goods. This isn't just about cheese or leather. It's about a lot of stuff, from electronics to medicine. And it's not just Europe. Mexico is in the same boat. European leaders are meeting to figure out what to
Europe is falling behind, and someone needs to say it. That someone was Jamie Dimon, the head of JPMorgan Chase. He didn't sugarcoat things when he spoke at an event in Ireland. He said Europe is losing ground to the U. S. and Asia. This isn't news to many, but it's a stark reminder. Europe used to
Coffee lovers in the US might soon pay more for their favorite brew. Why? Because of a big change in trade rules. The US president recently said they will add a huge tax, or tariff, on coffee from Brazil. This news made coffee prices jump right away. Brazil is the biggest coffee maker in the world.
President Trump made a bold promise in April: 90 deals in 90 days. But as the deadline passed, only two trade agreements were signed. The administration's aggressive tactics have left the global trading system in a state of uncertainty. Businesses are hesitant to make decisions, waiting for clarity
Health systems in many low-income countries have seen a lot of money poured into them over the years. This was done to help reach big health goals like the Sustainable Development Goals and Universal Health Coverage. But even with all this investment, health systems, especially in local areas, are s
In a surprising move, President Donald Trump hinted at a massive 200% tariff on imported pharmaceuticals. This announcement came during a cabinet meeting, catching many off guard. The president mentioned that these tariffs could be implemented soon but gave a grace period of about a year and a half.
Trump's recent move to impose new tariffs on 14 countries didn't shake up global markets as much as expected. The president announced tariffs ranging from 25% to 40% on goods from countries like Japan, South Korea, and others, set to start on August 1. But markets in Asia and Europe barely reacted.
