Global Economy News
LAST UPDATE: September 3, 2025
Global Bond Selloff Deepens With Longer Debt Leading Losses
A Bloomberg global bond index fell 0.4% on the day, the largest single-day drop since June 6, with long-term bonds leading the losses.
Insight
The bond sell-off reflects growing investor unease about soaring global borrowing costs and inflation pressures that disproportionately impact long-dated debt markets.
Ocean Shipping Rates Drop Sharply — WSJ
Ocean shipping rates from China to U.S. West Coast have plunged—down 68% from their June peak—as importers draw down inventory and delay orders amid trade uncertainty.
Insight
The steep decline signals weakening demand and heightened caution among U.S. businesses facing tariff volatility and planning ahead for holiday seasons.
China’s Xi projects power at military parade with Putin and Kim
During a major military parade in Beijing, Xi Jinping—flanked by Putin and Kim—showcased advanced weaponry and projected a vision of China’s post-U.S. global order.
Insight
The display consolidates China’s domestic unity and signals growing alignment among non-Western powers, offering a coordinated alternative to U.S. influence.
Kremlin to Trump: Putin is not plotting against the USA with Xi and Kim
The Kremlin denied U.S. President Trump’s suggestion of a conspiracy between Putin, Xi, and Kim, stating no such plotting exists and possibly attributing Trump’s words to irony.
Insight
The firm denial reflects heightened sensitivities in messaging amid intensified geopolitical alignment and scrutiny of authoritarian blocs.
UNICEF warns of fallout from education funding cuts
UNICEF warns that global education aid may shrink by US$3.2 billion (24%) by 2026, potentially leaving 6 million more children out of school, especially in vulnerable regions.
Insight
Reduced funding threatens decades of progress in global education equality, with girls and displaced children disproportionately affected.
