Markets had a wild ride this week. It all started when the US hinted at new taxes on Europe. Suddenly, stocks, bonds, and even digital money like Bitcoin took a nosedive. This wasn't just any drop. It was a big one, and it happened everywhere at once. Traders were caught off guard. They thought the
The European Union has decided to extend a pause on a massive trade retaliation plan against the United States. This plan, worth 93 billion euros, was set to kick in on February 7. The EU and US had previously agreed to hold off on this plan for six months, back in August 2025, when they released a
The German and French finance ministers have made it clear that Europe will not back down to threats from the U. S. over Greenland. They stated that blackmailing allies is not acceptable, especially when these allies have been friends for centuries. An emergency meeting is planned in Brussels to di
Greenland is grateful for Europe's unwavering support amid U. S. President Donald Trump's aggressive moves. Trump has targeted the Arctic island with trade penalties, aiming to pressure Denmark into selling it. This has sparked a wave of solidarity from European nations. France, Germany, Britain, a
Trump's sudden move to impose tariffs on several European nations has sent shockwaves through diplomatic circles. This unexpected decision comes after recent talks between the US and Denmark seemed to ease tensions over Greenland. The tariffs, set to start in February, target countries like the UK,
The US has decided to lower the extra charges on Italian pasta. This move comes after a lot of people complained about the high cost of living. The US had accused some Italian pasta companies of selling their products too cheaply in America. But now, the extra charges have been reduced from a huge 9
India just made a big move to strengthen its ties with Oman. They signed a deal to make trade and investment between the two countries easier. This is a smart move for India, as Oman is a key player in the Middle East, especially when it comes to oil. The Strait of Hormuz, which is right by Oman, is
Switzerland and the US just made a big trade deal. It's a win-win for both countries. The US will lower tariffs on Swiss goods. This means Swiss products will be cheaper to sell in the US. The new tariff rate is now 15%. That's a big drop from the previous 39%. This deal is a big relief for Switzer
Japan's economy is showing signs of resilience. In the third quarter of the year, companies in Japan spent more on buildings and equipment. This spending went up by 2. 9% compared to the same time last year. This is good news because it shows that the economy is still strong, even with challenges li
South Korea is taking steps to strengthen its auto industry. The government has announced plans to increase subsidies for electric vehicles (EVs) by 20% in 2026. This move aims to boost local demand and support the industry amid concerns over U. S. tariffs. The government has allocated 936 billion
