Xi Urges EU to Join Forces Against Unilateralism in Swipe at US

China’s President Xi Jinping has called on European Union leaders to stand with it against unilateralism, in a veiled rebuke to US President Donald Trump’s efforts to upend the global world order. In a message to European Commission President Ursula von der Leyen and European Council President Antonio Costa on the 50th anniversary of the […]

Goldman’s Solomon Says Markets Will ‘Settle Down’ After Disorder

Goldman Sachs Group Inc. Chief Executive Officer David Solomon said he believed that activity in mergers and public listings will find a comfortable level despite uncertainty that’s led to a slowdown in activity across investment banks. “If the level of uncertainty grows from here, yes, you will not see the same amount of capital activity […]

US Pressures Russia for Ukraine Concessions, Global Politics Shift Against Trump

Last week, the US demanded that Russia accept Ukraine’s right to maintain a military as part of a peace deal. Meanwhile, Donald Trump’s “America First” policies are causing a political backlash in Canada, Australia, and beyond, helping center-left governments regain ground. US to Demand Putin Accept Ukraine’s Right to Military Force The US will demand […]

S&P 500 Futures Bounce and Gold Tops Record $3,500: Markets Wrap

Summary By John Viljoen US stocks are set to bounce back from Monday’s losses as investors nervously weigh progress on trade talks with India and Tesla Inc.’s upcoming earnings. Gold topped $3,500 for the first time. While S&P 500 contracts added 0.9%, the conversation on Wall Street was still focused on the implications of any […]

US Economy Is Set to Lose Billions as Foreign Tourists Stay Away

The US economy faces new threats in 2025, including a sharp decline in foreign tourism, increased global boycotts of American goods, and economic disruptions from escalating trade wars. These issues are driving fears of a potential recession and impacting markets, investor confidence, and international relations. Foreign tourism to the US is declining, with international arrivals […]