There have been 22 federal government shutdowns in the United States since 1979, with three last year alone, including the most recent 35-day partial shutdown, which came into effect on December 22, 2018. Considered the longest in US history
China’s factory orders fell for the second month in a row, with the Caixin/Markit Purchasing Managers Index (PMI) indicating further contraction in the country’s manufacturing activity in January.
When Saudi journalist Jamal Khashoggi failed to exit from his country’s embassy in Istanbul on October 2, 2018—after he entered it to complete required paperwork—the most powerful country in the Middle East was poorly prepared for the global repercussions that would eventually follow.
The US Federal Reserve (the Fed) voted unanimously to raise benchmark interest rates by 25 basis points to a range between 2.0 and 2.5 percentin September, following its two-day monetary-policymeeting.
The mid-term polls in the United States are expected to be held on November 6 of this year, with the Republicans currently controlling both chambers of the Congress: the Senate and the House of Representatives.
Turkey’s official currency, the lira, has been at the forefront of global news for the last couple of months. While speculations are running rife that the ongoing conflict in Syria is leading the United States to up its ante against Turkey
Aligning with market expectations, the Bank of Canada (BoC) left its benchmark interest rate unchanged at 1.25 percent and the deposit rate at 1.0 percent, following the conclusion of its monetary-policy meeting on May 30.
In March 2018, US President Donald J. Trump announced across-the-board tariffs on steel and aluminum imports, with a 25-percent import tariff on steel and 10-percent on aluminum.
Crude-oil prices have spiked more than 22 percent in the last three months to their highest level in more than three years, with prices of light, sweet crude scaling $66 in January for the first time since December 2014
The United States was among the best-performing economies globally in 2017, not only leading most of the G-8 countries in terms of economic growth last year, but it is also the frontrunner as analysts look forward to the country’s economy expanding at a faster rate in the year ahead.