Global Economy News
LAST UPDATE: September 4, 2025
White House drops World Trade Organization from list of funding cuts
The White House reversed plans to cut WTO funding after earlier proposals met opposition.
Insight
Retaining WTO funding shows U.S. recognition of the importance of multilateral trade systems.
US Weighs Tariffs If Global Ship Emissions Charges Are Approved
The U.S. is considering tariffs if international ship emissions fees are adopted globally.
Insight
Suggests tensions between trade policy and climate regulation that may spark disputes.
China, Azerbaijan central banks sign MOU on cooperation
The central banks of China and Azerbaijan signed an agreement to enhance financial cooperation.
Insight
Strengthens bilateral ties and aligns with China’s broader regional financial strategy.
Saudi, UK Deepen Ties With £360 Million in Joint Investments
Saudi Arabia and the UK agreed on joint investments totaling £360 million.
Insight
Reflects deepening economic ties and strategic diversification between the two partners.
Goldman Says Gold Near $5,000 Possible If Fed Standing Damaged
Goldman Sachs said gold could reach nearly $5,000/oz if confidence in the Federal Reserve erodes.
Insight
Shows gold’s role as a safe haven and how central bank credibility underpins market stability.
