GLOBAL MACRO INSIGHTS

Friedrich Merz Becomes Chancellor—Eventually—But With Limping Authority and a Red Face

It took Friedrich Merz two tries, a parliamentary wobble, and a fair dose of political theatre, but the 69-year-old conservative finally secured the Bundestag’s blessing...

The American Jobs Market: Still Breathing—For Now

Despite the thick fog of uncertainty wafting from President Donald Trump’s tariff-happy West Wing, the American labour market remained upright in April. Nonfarm payrolls rose...

Tariff Tantrum: Trump’s Trade War Bites Back

The American economy contracted at the start of the year — a predictably charming outcome — as companies scrambled to import goods ahead of Donald...

A central Banker will lead Canada

The Liberal Party of Canada has secured a fourth consecutive election victory, with voters entrusting former central banker Mark Carney to manage the country’s response...

Trump’s Tariff Tonic: The Cure Worse Than the Disease?

President Donald Trump’s latest whirlwind of tariffs has been shaking Washington and Wall Street for nearly a month, and now, it seems Main Street is...

The Fed’s Last Stand: When Politics Hijack Monetary Policy

For the better part of the past few decades, the spectre of “fiscal dominance” has remained largely confined to the ivory towers of academia—at least...

America’s Debt Time Bomb

The Congressional Budget Office (CBO) has once again sounded the alarm, warning that the federal government might run out of money to pay all its...

The New Face of U.S. Imperialism: Trump’s ‘Secondary Tariffs’ on Venezuela

President Donald Trump appears to have invented a brand-new economic weapon this Monday, threatening to impose what he has christened “secondary tariffs” on countries that...

Where does the US economy stand?

US economic data is currently doing a rather impressive job of contradicting itself, sparking fierce debate over whether President Donald Trump’s delightful mix of trade...