Economy
Britain’s Trade Deal With Trump Just Got a Lot More Expensive
Britain's trade deal with Trump faces its toughest test as a 15% global tariff takes effect after the Supreme Court struck down IEEPA duties 6-3.
Economy
Argentina’s Steel Towns Brace for What Milei’s Labor Reform Won’t Fix
Milei's labor reform cleared the lower house 135-115 amid a general strike, but in Villa Constitución, Acindar's rotating suspensions show the limits of legislative fixes.
Economy
US Mortgage Rates Hit Three-Year Low at 6.01% — but Fed Minutes Reveal Deep Policy Rift
US 30-year mortgage rate hits 6.01%, lowest since September 2022, as Fed minutes reveal policy rift and January home sales plunge 8.4% to two-year low.
Economy
US-Saudi Nuclear Deal Opens Door to Uranium Enrichment, Breaking Gulf Precedent
Proposed US-Saudi nuclear deal would grant Riyadh uranium enrichment rights, breaking Gulf gold standard and raising proliferation fears amid Iran talks.
Economy
China’s Semiconductor Output Surges 85% to Record 484 Billion Units
China produced a record 484.3 billion semiconductor units in 2024 — an 85% surge from 2020. Surging output masks collapsing foundry profits, a secret EUV prototype in Shenzhen, and a $47.5 billion state fund betting on self-sufficiency.
