Tag: global economy

The Ellison Challenge: Billionaire Family disrupts Netflix-WBD Pact

The acquisition of Warner Bros Discovery has turned into a proxy war between Netflix and the billionaire Ellison family. Netflix is reportedly switching to an all-cash offer for its $83 billion purchase of WBD’s studios and streaming business, a move designed to counter a hostile $108.4 billion bid from Paramount Skydance, controlled by the Ellisons. Larry Ellison, the co-founder of Oracle, has put up a...

Trump Re-Engages: Claims He Can End “Complicated” Nile Argument

Donald Trump claims he can end the "complicated" argument over the Nile River. The former President has reached out to Egypt with an offer to resume U.S. mediation regarding the Grand Ethiopian Renaissance Dam, a project that has caused significant tension with Ethiopia. Trump’s proposal focuses on U.S. oversight. He believes that with "strong United States role in monitoring," a deal can be reached. The...
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Foundation of Trump’s Tariff Regime Ruled Illegal by Appeals Court

A U.S. appeals court has struck down the legal justification for President Donald Trump’s widespread "reciprocal" tariffs, ruling that he improperly used a national...

U.S. and China Begin High-Stakes Tariff Talks in Geneva Amid Global Economic Tensions

Top U.S. and Chinese officials have opened critical trade talks in Geneva, aiming to de-escalate a growing tariff conflict that threatens to severely impact...

U.S. and China to Meet in Geneva as Trade War Pressures Spark Hope for Resolution

GENEVA — In a pivotal step toward easing trade tensions, top U.S. and Chinese officials are set to meet in Switzerland this week, offering...

Xi Warns of ‘No Winners’ as China Races to Beat Trump’s Tariffs in Trade War Surge

As tensions escalate between the world’s two largest economies, Chinese President Xi Jinping has issued a stark warning from Vietnam: "There are no winners...