Amidst escalating tensions in the Red Sea, the US and UK have initiated airstrikes to counter Iran-backed Houthi rebels. Notably absent from direct involvement is China, the world’s second-largest economy, strategically positioned on the sidelines. Economic Stakes and Cautious Calculations Despite significant economic interests, with China importing half of its crude oil from the Middle […]
Home sales in Canada experienced a significant rebound in December, breaking a six-month downward trend. On Monday, the Canadian Real Estate Association reported an 8.7% rise in home transactions from the previous month. This marks the first positive movement since June. Prospect of Lower Borrowing Costs The prospect of lower borrowing costs encourages buyers, who […]
In a notable initiative to strengthen its dedication to Ukraine, the U.K. government enhances military assistance, committing nearly $3 billion in new support. This underscores Europe’s resolute determination to stand by and support the war-torn nation. This development comes at a critical juncture, with additional U.S. funding hanging in the balance due to a deadlock […]
Far-right factions within the House Republican Party are escalating their position on immigration policy. They are using the possibility of a partial government shutdown as leverage to push for strict alterations. This hardline approach puts essential government services at risk and complicates vital aid to Ukraine, heightening tensions in Washington. Border Crisis Amplifies Partisan Divide, […]