Robust GDP growth and falling jobless claims point to resilience in the US economy, even as unemployment touches a two-year high. After the US economy recorded its highest growth rate of 4.3 per cent in the third quarter—far above estimates of 3.3 per cent and even higher than the 3.8 per cent growth registered in […]
As 2025 draws to a close, experts from across the Global Economy and Development program at Brookings reflect on the year’s accomplishments. They also look ahead at what’s in store for 2026 in areas spanning trade, technology, labor, democracy, and education. Brahima S. Coulibaly An inflection point for the global economy and international system There […]
People shop at the Christmas Village in Philadelphia on Dec. 10. (Matt Rourke/Associated Press file) WASHINGTON – The U.S. economy grew at a surprisingly strong 4.3% annual rate in the third quarter, the most rapid expansion in two years, driven by consumers who continue to spend in the face of ongoing inflation. U.S. gross domestic […]
Protectionist US trade policies are pushing countries closer to China, says UK-based economist Rhys Jenkins Fragmentation among Latin American states weakens collective response to US pressure, says expert on US-Latin America relations Livia Peres Milani ISTANBUL The Trump administration’s new policy to reassert absolute US dominance in the Western Hemisphere and push out all foreign […]
The Indonesian rupiah weakened toward IDR 16,760 per dollar on Wednesday after briefly firming around 16,700 in the prior session, as thin holiday trading dampened activity. Bank Indonesia’s dovish stance weighed on sentiment, even after the central bank held its key rate at 4.75% for a third meeting in mid-December, after 150bps of cuts between […]
00:00 Jennifer Joe, always good to see you. Thanks so much for joining me. 00:04 Joe Thank you, very good to be with you Jennifer. Happy holidays. 00:07 Jennifer Happy holidays to you, and what a way to kick off the holidays with such a stellar third quarter GDP number of 4.3%, a full percentage […]
Trade tensions between China and the European Union rose after both unveiled restrictions on key imports. Beijing said it would impose a 43% import tariff on European dairy products, a move that comes in response to Brussels launching an investigation into Chinese subsidies for its EV industry. Meanwhile the bloc announced increased checks on plastics, […]
As the Ministry of Public Security (MPS) moves from law enforcement into energy and tech, the line between national security and corporate profit is blurring, undermining Vietnam’s claims to market-economy status. In standard diplomatic and economic protocols, an international energy deal is the domain of trade ministries or state utility providers. Yet, in Vietnam, a […]
FORT DRUM, New York (WWNY) – Fort Drum soldiers are set to get a “warrior dividend,” a check from Washington announced by President Trump. “In honor of our nation’s founding in 1776, we are sending every soldier $1,776,” said the president. Active-duty service members in the pay grades of O-6 and below as of Nov. […]
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