United States President Donald Trump slapped a new 10% tariff on imports from nearly every country in the world, ending months of uncertainty about the measure just hours after the Supreme Court invalidated most of the sweeping trade duties introduced by his administration last year. Calling the decision “terrible,” Trump attacked the justices who voted …
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EU Signals Temporary Action Against Meta Over WhatsApp AI Access
European Union competition authorities have indicated that temporary measures could be introduced to prevent Meta Platforms from restricting artificial intelligence competitors’ access to its WhatsApp platform, as regulators examine potential abuse of market dominance. The European Commission confirmed that it has issued a formal statement of objections to Meta, outlining alleged breaches of EU competition …
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US Launches Federal Investment Accounts for Newborns to Boost Long-Term Savings
The US government has introduced a new federal investment programme for newborns, with the White House confirming that more than 500,000 families have already enrolled. Announced by President Donald Trump, the initiative aims to help children build long-term savings while addressing affordability pressures faced by American families. The programme establishes federally supported investment accounts for …
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Trump Presses Greenland Acquisition Agenda, Pauses Tariff Threats After Davos Talks2026 and Beyond – Copy
US president Donald Trump intensified his long-standing push for the United States to acquire Greenland during a wide-ranging and combative appearance at the World Economic Forum in Davos, while indicating that military force would not be used to pursue the goal. Instead, the emphasis was placed on economic leverage and diplomatic pressure to influence European …
The CIO’s Expanding Influence in 2026 and Beyond
As organizations head into 2026, the role of the chief information officer is undergoing a significant shift, with responsibilities expanding well beyond traditional IT oversight. At Tungsten Automation, CIO Shelley Seewald is leading a lead-to-cash transformation initiative, a type of effort once typically managed by chief revenue officers or chief operating officers. The change reflects …
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Venezuela to Channel Oil Deal Revenue into Purchases of US-Made Goods, Says Trump
US President Donald Trump announced that Venezuela has pledged to allocate the money earned from its newly structured oil arrangement toward buying products manufactured in the United States, a move that aims to make the US a central trade partner for Caracas. According to Trump, the funds generated by the agreement will be used to …
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Amazon Unveils $35 bn India Investment Plan to Supercharge AI, Logistics, and Job Growth by 2030
Amazon has announced a sweeping plan to invest $35 billion in India by 2030, deepening its commitment to one of its most strategically important international markets. This investment builds on the $40 billion already deployed since the company’s India entry in 2010. The fresh infusion of capital is intended to advance Amazon’s artificial intelligence systems, …
Trump Credits Tariffs for Economic Revival, Claims Falling Prices and Rising Wages in Second Term
US President Donald Trump recently delivered a televised address from the White House, outlining what he described as significant economic and financial gains during his second term in office. The speech focused heavily on inflation, trade strategy, tariffs, wages and household affordability, while placing significant blame on the previous Democratic administration for economic difficulties faced …
Concerns Rise Over South Korea’s Massive US Investments and Their Impact on Domestic Economy
Following the inauguration of US President Donald Trump earlier this year, South Korea’s government and corporations have been under increasing pressure to channel hundreds of billions of dollars into investments in the United States as a measure to avoid elevated tariff barriers. Economic observers have voiced growing unease that these substantial overseas commitments may undermine …
Prolonged Federal Shutdown May Cost US Economy Up to $14 bn, CBO Warns
The ongoing federal government shutdown could reduce US economic output by as much as $14 billion, according to an assessment by the Congressional Budget Office (CBO). The nonpartisan agency projected that the lapse in government funding could lower gross domestic product by up to 2% during the fourth quarter of the year. As of October …
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