Economy

Ireland 'not exactly celebrating' Trump's deal with EU

Trump’s deal with EU fails to impress Ireland

When the previous leader of the United States, Donald Trump, reached a trade agreement with the European Union, the response throughout Europe was varied. In Ireland, the reaction was notably subdued. Instead of welcoming the arrangement, Irish politicians and interested parties voiced a combination of wary doubt and unease regarding its possible impacts, especially on critical areas such as farming and tech industries that are closely linked to trade between continents.Although the Trump administration portrayed the announcement of the trade agreement as a major step towards easing economic tensions with the EU, numerous policymakers from Ireland saw it differently. They…
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A prominent venture capitalist’s Islamophobic posts stir outrage among Middle Eastern and Muslim tech founders

Outrage after venture capitalist’s Islamophobic posts target Middle Eastern and Muslim tech leaders

Un conocido capitalista de riesgo ha enfrentado duras críticas después de realizar comentarios islamófobos en línea, lo que ha provocado una condena generalizada entre emprendedores musulmanes y del Medio Oriente en la industria tecnológica global. Las declaraciones, que se difundieron a través de publicaciones en redes sociales, han impulsado un debate más amplio sobre la discriminación en el ámbito del capital de riesgo y las responsabilidades de los inversionistas que tienen influencia sobre el futuro de nuevas empresas emergentes.Leaders within the tech sector, particularly those with roots in Muslim-majority regions or practicing the Islamic faith, have voiced strong objections to…
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The Fed just gave a rare look at its .5 billion renovation — right before Trump’s tour

Rare insight into Fed’s $2.5B renovation — preceding Trump’s tour

The Federal Reserve has offered a rare glimpse into its ongoing $2.5 billion renovation project, a major overhaul of its historic headquarters in Washington, D.C. The unveiling comes just days before former President Donald Trump is expected to tour the central bank’s facilities, drawing heightened public interest to a project that has largely remained out of the spotlight.Located on Constitution Avenue, the Federal Reserve’s main building, known as the Eccles Building, has stood as a symbol of U.S. monetary policy for nearly a century. Designed in the neoclassical style and completed in 1937, it has served as the central hub…
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US FCC clears bn Skydance-Paramount merger

Skydance-Paramount $8bn merger officially cleared by US FCC

A significant development in the entertainment industry has emerged with the formal approval of an $8 billion merger between Skydance Media and Paramount Global. The United States Federal Communications Commission (FCC) has given the green light to the transaction, clearing a major regulatory hurdle and paving the way for the two companies to unite under one corporate structure. This decision marks a turning point in a deal that has been closely monitored by media analysts, investors, and stakeholders across the entertainment landscape.The union, which had been under discussion for several months, signifies a tactical unification intended to enhance the merged…
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Treasury Secretary Scott Bessent calls for a review of 'the entire' Federal Reserve

Scott Bessent insists on a thorough review of the Federal Reserve as Treasury Secretary

In a move that is already generating significant discussion within financial and political circles, U.S. Treasury Secretary Scott Bessent has called for a sweeping review of the Federal Reserve’s structure, decision-making processes, and policy framework. The statement signals growing concern over the central bank’s role in managing the nation's economic stability amid complex global and domestic challenges.Bessent, addressing an important financial conference in Washington, highlighted the necessity to review the Federal Reserve’s extensive mandate and the implements it uses to carry out monetary policy. He stressed that the aim of this examination is not to weaken the independence of the…
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Goldman Sachs is getting worried about the economy

Goldman Sachs highlights risks to the economy

In a notable shift from its previously steady tone, Goldman Sachs has begun to express growing caution about the direction of the global economy. The influential investment bank, known for its insights into financial markets and macroeconomic trends, is now flagging several emerging risks that could hinder growth and reshape investor expectations in the months ahead.Although the global economy has demonstrated strength in the past few years, especially in bouncing back from the effects of the COVID-19 pandemic and challenges in supply chains, experts at Goldman Sachs are putting more emphasis on signals indicating a potential slowdown. These worries emerge…
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