UAE’s Mubadala Investment Fund Emerges as Powerhouse, Outpacing Global GrowthMubadala Investment became the world's most dynamic sovereign wealth fund in 2024, investing $29.2 billion, up 67%.
Cathie Wood Urges Trump to Speed Up Tax Cuts – Will He Take Action on Day 1?Cathie Wood urges Trump to implement retroactive tax cuts to boost economic growth and provide market certainty starting January 1, 2025.
New York City Sees Record-Breaking 6.43 Million Visitors in 2024NYC tourism saw 6.43 million visitors, a 3.5% rise, with spending at $51 billion, marking a robust recovery in travel and hospitality.
World Bank Ups China’s Growth Forecast to 4.9% Amid Economic ChallengesThe World Bank raised China's GDP growth forecast to 4.9%, citing robust growth despite challenges like weak demand and real estate issues.
U.S. Retail Sales Soar 3.8% in Record-Breaking Holiday Shopping SeasonU.S. retail sales rose 3.8% during the holiday season, driven by competition and promotions, with online sales increasing 6.7%.
U.S. Dollar Soars to Two-Year High, Driven by Trump’s Economic PoliciesThe U.S. dollar strengthens amid expectations of Trump's policies, with mixed forecasts on inflation and interest rate cuts for 2024.
North Korea Faces Huge Shortage of Medications, Even in the MilitaryNorth Korea faces severe medication shortages affecting both military and civilians, forcing families to seek treatments in local markets.
Bitcoin Plunges 7% in Its First Decline Since Trump’s Election—Is the Bull Run Over?Bitcoin has seen its first weekly decline since Trump's election, dropping over 7% amid changing Fed policies and market uncertainty.
Mexico Raises Cruise Passenger Tax by 740% – What It Means for TravelersMexico raises tourism tax for cruise passengers from $5 to $42 by July 2025, sparking controversy and potential economic impact.
China's Economic Slowdown: Why Meeting 5% Growth Now Seems ImpossibleChina's economy struggles to meet growth targets, raising concerns about its ambition to surpass the U.S. as the largest economy by 2035.
China’s Steel Industry Faces Tough Times: Demand Expected to Drop 1.5% in 2025China's steel demand is set to decline by 1.5% in 2024 due to a sluggish real estate market and slowing manufacturing growth.
Xi Jinping’s Strong Call for Hong Kong to Match Macau’s Success on National SecurityXi Jinping urges Hong Kong to emulate Macau's success, promoting stability and effective governance during the 25th anniversary celebrations.
Bitcoin Dips, Tesla Drops—Is the Trump Trade Finally Losing Steam?U.S. stocks decline amid mixed signals from the Fed, with concerns over the "Trump trade" and optimism in AI sectors influencing the market.
Stock Market Opportunity? Analysts Say Now's the Time to Increase HoldingsAnalysts suggest increasing stock holdings as the Fed signals a halt to rate cuts, despite concerns over inflation and job market stability.
Big Tech Stocks Are Back – Here’s How They’ll Fuel the Year-End BoomAnalysts predict big tech will drive a year-end stock surge, supported by strong earnings and an improving economic outlook.
Bitcoin to Be the World’s Official Currency? CZ Predicts Global Adoption in 10 YearsChangpeng Zhao predicts Bitcoin will become a key global financial asset within a decade, replacing gold and aiding economies.
Russia Losing the Battle Against Inflation? Central Bank Raises Rates by 200 Basis PointsThe Bank of Russia is set to raise its key interest rate to 23% due to soaring inflation driven by the ongoing conflict and sanctions.
China Reacts Strongly to U.S. Solar Tariff Increase, Claims It Will Only Hurt Consumers and Fuel InflationThe U.S. plans to double tariffs on Chinese solar products, prompting strong opposition from China and warning of inflation and instability.
Ukraine’s Bold Crypto Move: Legalizing Digital Assets by 2025 – No Tax Breaks, But Big GainsUkraine plans to legalize cryptocurrency by early 2025, introducing standard tax rules for digital assets amid ongoing conflict.
North Korea’s Currency Crisis: The Dollar Dominates While Won StrugglesNorth Korea's trade is shifting to foreign currencies amid rising dollar value and won devaluation, affecting market transactions and prices.
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