Elon Musk’s Unprecedented Power in U.S. Politics & Economy
By 2024, Elon Musk had evolved from a celebrated Silicon Valley entrepreneur to a controversial and dominant oligarch. He wielded unprecedented power not only in tech but across politics, media, the military, and international relations. His influence impacts various sectors...
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U.S. Trade Deficit Soars to Record High in March 2025
In March 2025, the U.S. trade deficit surged to an all-time high of $140.5 billion, significantly above market expectations of $137 billion. This jump was driven by a historic spike in imports ahead of new tariff announcements scheduled for April....
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Canada’s Trade Deficit Narrows in March 2025
In March 2025, Canada recorded a trade deficit of CAD 0.51 billion, a sharp improvement from the CAD 1.41 billion deficit in February. The improvement was driven by a decline in imports and a notable shift in export destinations, particularly...
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Eurozone in April: A Fragile Private Sector Recovery Balancing on the Edge
April brought another month of cautious optimism to the Eurozone. The latest data shows the HCOB Composite PMI slipping to 50.4—just above the growth-contraction threshold and slightly outperforming early forecasts. It’s the fourth month in a row that the Eurozone’s...
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China’s Service Sector Loses Momentum in April
In a sign that China’s post-pandemic recovery may be hitting turbulence, the Caixin Services Purchasing Managers’ Index (PMI) dipped to 50.7 in April 2025. This decline from March’s 51.9 not only missed market forecasts but also marked the slowest pace...
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