All articles tagged with #economic pressure
Starmer and Trump show contrasting approaches to the Russia-Ukraine conflict, with Starmer advocating for increased economic pressure on Putin and criticizing recent Russian attacks, while Trump emphasizes ending oil purchases from Russia as a way to weaken Putin, reflecting differing strategies on how to address the war.
Russian President Vladimir Putin is visiting China to strengthen economic ties and support trading partnerships amid increasing economic pressures on Russia.
Trade Desk Inc., a digital advertising platform, experienced a 31% plunge in its stock price after providing a weak revenue forecast for the current quarter, raising concerns about the health of the ad market. The company's forecast of at least $580 million in revenue for the quarter ending in December fell short of analysts' average projection of $610 million. Trade Desk's decline also impacted social media companies such as Meta Platforms, Snap Inc., and Pinterest Inc. The forecast suggests that economic pressures may be impacting the advertising market, and the projected revenue growth for 2024 may be premature. CEO Jeff Green attributed the reduction in spending to various factors, including strikes in the US auto industry. However, he noted that spending has stabilized in recent weeks.
Taiwan's President Tsai Ing-wen is on her first major international trip since the pandemic, and China is likely to administer some form of military or economic pressure to send a message not only to Taiwan but to the rest of the world. However, China's ability to use its economic weight against the rest of the global economy is limited, and it has only exerted limited economic pressure on specific sectors and industries in Taiwan. Beijing's trade bans often hit specific parts of an economy that do not necessarily cause widespread damage, but do send a clear message.