Target Resets Inventory
Target CEO Brian Cornell, warned that the retailer was sharply revising down its guidance on profits and sales and said it would be canceling orders as consumers reined in their…
The Increasing Importance of South-to-South Trade
The world economy is on a recessionary trajectory as global growth is projected to slow to 2.3% in 2025, the UN Trade and Development (UNCTAD) alerts in its new report…
Impacts of New Tariffs on Fiscal Policy
On April 2, 2025, President Trump signed an executive order imposing a minimum 10 percent tariff on all U.S. imports, with higher tariffs on imports from 57 specific countries. Tariffs…
Stagflation – The Ultimate Doomsday Scenario
The Federal Reserve on Wednesday painted a picture of an economy reshaped dramatically by President Donald Trump and his economic trade policies. It warned that tariffs could significantly dampen the…