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Economy & Trade
71 subjects found
Von der Leyen proposes making Canada the EU's first 'associate member'; Trump threatens to cut off trade with Europe
Addressing the European Parliament in Strasbourg, Ursula von der Leyen proposed making Canada the Union's first 'associate member', with Mark Carney present and given a standing ovation. Donald Trump called the idea 'laughable' and threatened very heavy tariffs on Europe, or halting trade with it, if he judged the move a 'hostile act'. Ottawa applied the same day to join the Joint Expeditionary Force, a ten-nation northern European coalition led by London.
+17
The Fed raises rates for the first time in three years and signals more; Trump demands the opposite
The Federal Reserve raised its benchmark rate by a quarter point to 3.75%-4.00%, its first hike since July 2023. The decision was unanimous under new chair Kevin Warsh, who called inflation 'too high' and signalled further increases could come before year-end. Donald Trump immediately demanded on Truth Social that rates be lowered 'AND FAST!'. Gold rose, the Indian rupee slipped past 96 to the dollar, and the UAE followed with a 25 basis-point move.
+15
A Russian oligarch close to Putin paid for festivities at Donald Trump Jr's wedding, the couple calls it a “gift”
ProPublica reveals that Umar Kremlev, a Russian businessman close to Vladimir Putin and president of the International Boxing Association, paid hundreds of thousands of dollars for festivities at Donald Trump Jr's wedding in the Bahamas. The couple calls it a friend's “gift”; an ethics watchdog sees the appearance of a conflict of interest. Six countries, from London to Kyiv, read the revelation.
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Vladimir Putin and Xi Jinping in New Delhi for a BRICS summit overshadowed by the wars in Ukraine and the Middle East
Vladimir Putin arrived in New Delhi on 11 September for the 18th BRICS summit, hosted by India on 12 and 13 September; Xi Jinping is making his first visit to India in seven years and is due to meet Narendra Modi on the 12th. The enlarged bloc accounts for nearly half the world's population and about 40% of global GDP, but the war in Ukraine and the conflict around Iran divide its members. India has deployed more than 30,000 security personnel.
+14
Twelve countries move to ban trade with Israeli settlements; Israel orders the British consulate closed
On Tuesday 8 September, twelve countries — the United Kingdom, France, Canada and nine European states — said they intend to ban trade with Israeli settlements in the occupied West Bank, which British Foreign Secretary Ed Miliband linked to “ethnic cleansing”. Two hours later Israel ordered the British consulate in East Jerusalem to close, told diplomats to leave and barred twelve Britons from entry. Washington said it would not follow.
+16
Falklands: Milei announces oil sanctions and a naval base, London reasserts sovereignty, Washington leaves doubt hanging
In a national televised address on September 4, Javier Milei announced a package of decrees, a bill and a national security council targeting the Sea Lion offshore oil project, 220 kilometers north of the Falklands, along with a naval base in Tierra del Fuego. He disputes the 3,600 islanders' right to self-determination. The announcement follows remarks by Donald Trump suggesting Washington is reassessing its position; London replied with an "unshakeable commitment".
+10
Berlin accuses Moscow of sending an explosive drone to Leipzig airport, and imposes sanctions
On 1 September 2026, German Interior Minister Alexander Dobrindt formally accused Russia of directing an attempted attack at Leipzig/Halle airport. A drone carrying an explosive charge had been found there on 4 August, close to Ukrainian cargo aircraft; its detonator failed. Berlin announced sanctions and summoned the Russian ambassador. Moscow calls the accusations "fabricated".
+4
The United States removes Syria from its state sponsors of terrorism list after forty-seven years
Washington formally removed Syria from its list of state sponsors of terrorism, where it had been designated since 1979. The decision lifts a major part of US sanctions and opens the way to investment and reconstruction. It comes as Damascus and Israel have resumed security talks under American mediation, following an Israeli strike on a Syrian airbase, and as Turkey, the Gulf monarchies and Russia reposition their interests in the country.
+2
Washington declares 'economic war' on Iran and urges allies and China to cut all ties
US Treasury Secretary Scott Bessent announced a campaign to collapse Iran's economy, telling other capitals they are either with Washington or against it. Tehran calls the economic war a breach of international law and threatens a military response. Shipping traffic through the Strait of Hormuz is falling.
+6
The ICC condemns US sanctions against its president
On 18 August 2026 Washington sanctioned the president of the International Criminal Court, Japanese judge Tomoko Akane, and Senegalese deputy prosecutor Abdoulaye Seye. The court decries a "flagrant attack" on its independence; nine of its eighteen judges are now targeted. Eight countries cover the sequence, with three distinct positions rather than two camps.
+4
US national debt crosses $40 trillion for the first time
US federal debt passed $40 trillion on 18 August 2026, reaching $40.047 trillion according to the Treasury. It has more than doubled since 2017; net interest approached $1 trillion in 2025 and the 30-year yield touched 5.33%. Seven countries cover the sequence, and the dividing line is not political but between those reading an American fact and those measuring what it costs them.
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726 subjects · 75 countries · 8278 perspectives