U.S. Inflation Rises 2.9% in August: Food and Gas Prices Lead the Surge

U.S. Inflation Rises 2.9% in August: Food and Gas Prices Lead the Surge

The August inflation data overlaps with President Trump’s latest round of tariffs on major U.S. trading partners. But while the direct impact is up for debate, beef’s surge suggests tariffs may already be filtering into consumer prices.

America’s Tariff War Deepens as Dozens of Countries Brace for Revised ‘Reciprocal’ U.S. Tariffs

America’s Tariff War Deepens as Dozens of Countries Brace for Revised ‘Reciprocal’ U.S. Tariffs

After months of negotiations, pauses, and delays, a sweeping new tariff slate took effect Thursday—marking a new era in U.S. trade policy, with import rates reaching their highest levels since the Great Depression.

BRICS – Where does it stand in 2014?

BRICS – Where does it stand in 2014?

With the talks of a New Development Bank in China, BRICS has managed to raise some questions. Will the association of emerging markets manage to create stir in the the global economy or will it be another alliance of economies that just have meetings over nothing. Amidst many criticisms, economies of Brazil and Russia can pose more complication than contribution to the group. But it is definitely too early to completely write off BRICS.