All articles tagged with #economic policy
Originally Published 1 day ago — by The Washington Post
President Trump has proposed a one-year cap of 10% on credit card interest rates, aiming to reduce consumer costs, but financial institutions criticize the move, arguing it could limit access to credit.
Originally Published 2 days ago — by CNN
President Donald Trump has called for a one-year cap on credit card interest rates at 10%, citing consumer affordability concerns amid economic pressures, though details on implementation remain unclear. The proposal is part of his broader populist economic messaging, which has faced mixed public reception and political challenges, including previous efforts by the Biden administration to regulate credit card fees.
Originally Published 2 days ago — by CNBC
President Donald Trump inadvertently revealed some of Friday's jobs data early through a social media post, violating federal policy on statistical releases. The post indicated private sector job growth for 2025 and provided a preliminary look at December's employment figures, which slightly exceeded economist estimates and boosted market confidence. The White House acknowledged the accidental disclosure and is reviewing protocols, while emphasizing the positive economic impact of Trump's policies.
Originally Published 3 days ago — by The Economist
France is experiencing a political and economic crisis, failing to pass a budget for 2026 amid parliamentary battles, with its public finances remaining in disarray despite improvements in other European countries.
Originally Published 6 days ago — by Financial Times
The article discusses Venezuela's challenges related to the Donroe Doctrine, highlighting issues in its foreign policy and economic strategies within Latin America.
Originally Published 9 days ago — by Financial Times
The article discusses China's strategic focus on its export-led growth model, emphasizing its importance for the country's economic development and global trade influence.
Originally Published 10 days ago — by Financial Times
Central banks are engaging in gold trading to combat smuggling activities, reflecting efforts to tighten financial controls and curb illegal trade. The article discusses the strategic move by authorities to use gold transactions as a tool against illicit activities.
Originally Published 11 days ago — by Financial Times
Iran has replaced its central bank governor in an effort to address and contain ongoing cost-of-living protests across the country.
Originally Published 12 days ago — by Financial Times
The article discusses former President Trump's efforts to reshape global trade policies, highlighting key charts that illustrate his approach and its impact on international commerce.
Originally Published 13 days ago — by The Guardian
Donald Trump criticized Federal Reserve Chair Jerome Powell, calling him a 'fool' and expressing a desire to fire him, while also making false claims about the costs of Fed headquarters renovations and discussing his plans to appoint a new Fed chair in January.
Originally Published 13 days ago — by Financial Times
China has signaled a more tolerant stance towards a stronger renminbi, indicating potential shifts in its economic policy and impacting financial markets.
Originally Published 20 days ago — by Reuters
Vietnam's ruling Communist Party will hold its 14th congress in January 2025 to select new leaders and set economic and foreign policy targets through 2030, with current leader To Lam seeking a second term amid reforms and strategic economic goals.
Originally Published 21 days ago — by Axios
President Trump advocates for sending direct cash payments to Americans, including rebate checks and farmer aid, as a strategic move to boost the economy and garner political support ahead of the 2024 midterms, despite debates over inflation and targeted assistance.
Originally Published 26 days ago — by Politico
Some officials in the Trump administration are privately questioning Kevin Hassett's suitability for the Fed chair position, citing his limited influence on policy and leadership style, despite his extensive credentials and support from some allies. The decision remains uncertain as Trump considers other candidates amid economic challenges and debates over the Fed's direction.
Originally Published 26 days ago — by Foreign Affairs
The article discusses a significant rightward political shift in Latin America, driven by leaders like Milei and Bukele, focusing on issues such as crime, economic reform, and regional alliances, signaling a potential transformation in the region's political and economic landscape.