World
‘Stay calm’ and ‘this is the new normal’: What banking CEOs are saying about the global market sell-off
Bank chiefs called for calm on Tuesday as stocks plummeted after President Donald Trump’s threats of fresh tariffs. The pan-European Stoxx 600 dropped about 1.2% in morning trade Tuesday — with the continent’s major bourses and most sectors heavily selling off — after Trump floated a potential 200% levy on French wine and champagne. In […]
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Trump is showing the world the U.S. is ‘back,’ Scott Bessent tells CNBC as Greenland tensions ratchet up
Scott Bessent, US treasury secretary, during an Economic Club of Minnesota event in Golden Valley, Minnesota, US, on Thursday, Jan. 8, 2026. Ben Brewer | Bloomberg | Getty Images President Donald Trump is showing the world “the U.S. is back,” Treasury Secretary Scott Bessent told CNBC, as tensions rise over the president’s bid to acquire […]
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IMF boss has a blunt message for Europe: ‘Get your act together’
As fresh talk of a U.S.-Europe trade war intensified on Tuesday, IMF Managing Director Kristalina Georgieva issued a stark warning to European leaders: “Get your act together.” U.S. President Donald Trump announced on Saturday that eight European allies would face increasing tariffs, starting at 10% on Feb. 1 and rising to 25% on June 1, if […]
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India signs $3 billion LNG agreement with UAE, vows to double trade, as U.S. deal remains elusive
NEW DELHI, INDIA – JANUARY 19: (—-EDITORIAL USE ONLY – MANDATORY CREDIT – âPRESS INFORMATION BUREAU/ HANDOUT’ – NO MARKETING NO ADVERTISING CAMPAIGNS – DISTRIBUTED AS A SERVICE TO CLIENTS—-) Indian Prime Minister Narendra Modi welcomes United Arab Emirates (UAE) President Mohammed bin Zayed Al Nahyan in New Delhi, India on January 19, 2026. (Photo […]
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French drinks giants sell off after Trump threatens 200% tariffs; European stocks fall
GREENBRAE, CALIFORNIA – MARCH 13: Bottles of French wine are displayed on a shelf at a BevMo store on March 13, 2025 in Greenbrae, California. U.S. President Donald Trump is threatening a 200 percent tariff on alcohol from European Union countries. Justin Sullivan | Getty Images News | Getty Images LONDON — European stocks sold […]
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‘Act of great stupidity’: Trump launches another tirade against a NATO ally. This time it’s the UK
U.S. President Donald Trump and British Prime Minister Keir Starmer hold a press conference following their meeting at Chequers, near Aylesbury, Britain, Sept. 18, 2025. Kevin Lamarque | Reuters U.S. President Donald Trump has taken aim at another NATO ally on the eve of his appearance at the World Economic Forum in Davos this week, […]
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Trump threatens 200% tariff on French wines as Macron reportedly snubs ‘Board of Peace’ seat
U.S. President Donald Trump meets with French President Emmanuel Macron during the 80th United Nations General Assembly, in New York City, New York, U.S., Sept. 23, 2025. Alexander Drago | Reuters U.S. President Donald Trump on Tuesday threatened to impose 200% tariffs on French wines and champagne after French President Emmanuel Macron was reported to […]
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Japan’s snap elections: A reckless risk or calculated gamble?
Sanae Takaichi, Japan’s prime minister, during a news conference the prime minister’s office in Tokyo, Japan, on Monday, Jan. 19, 2026. Takaichi officially called an early election next month and promised a temporary sales tax cut on food if she wins a fresh mandate for her new coalition. Bloomberg | Bloomberg | Getty Images Less than […]
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No fear of ‘cockroaches’? Private credit funds raise billions as investors look past warnings
Wall Street, Manhattan, New York. Andrey Denisyuk | Moment | Getty Images Investor appetite for private credit remains undeterred even as warnings mount over looser loan approval and risk-assessment practices, as well as rising pockets of borrower stress. The troubles at First Brands Group last September became a flashpoint for critics of private credit after […]
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Japan’s 40-year bond yield hits 4% record on fiscal jitters following election call
Bird’s-eye view of central Tokyo including Tokyo Tower at sunrise hours. Vladimir Zakharov | Moment | Getty Images Japan’s 40-year government bond yield hit a record high on Tuesday amid a broad selloff in government bonds, as investors worried that proposed cuts to the food sales tax could worsen the country’s fiscal position. The long-dated […]
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