World

In the intricate world of culinary delights, few dishes capture the imagination and taste buds quite like the salt-baked chicken feet—affectionately known as “phoenix talons” in China. Geng Xiaoyun, proprietor of the Kunyuan restaurant in Beijing, once proudly dished out these delicacies, their spongy texture and rich flavor hailing from American suppliers. Yet, as tariffs

The global airline industry finds itself at a paradoxical crossroads. Just as travel demand spikes—surpassing pre-pandemic figures—airlines are besieged by an array of formidable challenges that threaten to undermine their recent successes. The annual summit of the International Air Transport Association (IATA), held in India, serves as a somber reminder that the optimism surrounding a

In a bold display of defiance, OPEC+ has once again opted to ramp up oil production by an additional 411,000 barrels per day for July, despite the apparent volatility it introduces to the global oil market. This move, intended to reclaim lost market share and reprimand over-producing nations, highlights an obstinate approach that may not

In an era defined by economic interdependence, the stalling of U.S.-China trade talks represents not merely a setback for both nations, but a critical juncture that underscores the fragility of international diplomacy. Treasury Secretary Scott Bessent’s recent statements indicating that negotiations are “a bit stalled” symbolize a troubling reality: leaders of the world’s two largest

In a bold move signaling a deeper financial malaise, South Korea’s central bank, the Bank of Korea (BOK), recently instituted a quarter-point reduction in its policy interest rate, lowering it from 2.75% to 2.5%. This adjustment, marking the fourth reduction in just six meetings, is indicative of an economy grappling with mounting pressures. Set against

In a stark reflection of the volatile landscape of the semiconductor market, ASML has witnessed a staggering erosion of over $130 billion in value within a single year. Once perceived as a bastion of stability, the company saw its shares soar to unprecedented heights, reaching more than 1,000 euros in July of the previous year,

China’s industrial landscape paints a picture that is both optimistic and precarious. Recent reports indicate a 3% rise in profits among major industrial firms for April, following a modest 2.6% increase in March. While this may appear to be a sign of recovery, the context in which these numbers exist is far from straightforward. A

Volvo Cars, the emblem of Swedish automotive engineering, recently unraveled a distressing blueprint for its future. The decision to lay off approximately 3,000 employees — about 15% of its office workforce — is a stark reminder of the fragile equilibrium in which many businesses find themselves today. This drastic retrenchment comes hand in hand with

In a world where financial landscapes can shift like sand, the auto-parts industry has carved a niche of resilience, and AutoZone (AZO) stands at the forefront. The auto sector, particularly after the upheaval caused by tariffs and fluctuating economic conditions, has emerged as an unexpected haven for investors seeking stability. The All-Weather stock list, aimed

The recent revelations surrounding Nvidia’s development of a new artificial intelligence chipset for China usher in a complex narrative rooted in the interplay of technology, politics, and market realities. In a bid to retain its foothold in the world’s second-largest economy, Nvidia is set to roll out a lower-priced GPU, with production slated to begin