by Jessica Gwathney | Dec 3, 2024 | Economics, International Buzz, Politics
South Korea’s won tumbled to its weakest level in over two years, hitting 1,427.10 against the U.S. dollar, after President Yoon Suk Yeol’s shocking announcement of martial law on Tuesday. The sudden drop in the currency comes amid growing uncertainty over...
by Sun Yulin | Nov 7, 2024 | Domestic, Economics, Politics
U.S. President Donald Trump’s ambitious tariff proposal—calling for a universal 10% tariff on imports and a hefty 60% tariff on Chinese goods—may not be as severe as initially thought, according to a recent note from ratings agency S&P Global. The report...
by Disun Holloway | Oct 8, 2024 | Breaking News, Domestic, Economics
As Hurricane Milton approaches the southeastern United States, leading Wall Street analysts are bracing for a significant economic blow that could exceed $50 billion in damages, with worst-case scenarios estimating losses of up to $175 billion or more. This staggering...
by Bryant Lum | Aug 26, 2024 | Economics, Travel
Barcelona, a vibrant city known for its stunning architecture, rich history, and Mediterranean charm, finds itself at a crossroads as residents protest the overwhelming influx of tourists. With approximately 32 million visitors flocking to the city annually, the...
by Natalie Matejkova | Aug 20, 2024 | Domestic, Economics, International Buzz, Politics
In a bold and contentious move, former President Donald Trump has proposed imposing higher tariffs on foreign goods, advocating for a sweeping 10% tariff on imports from around the globe and a hefty 60% duty on goods specifically from China. Trump argues that these...