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The ‘stable genius’ has the world economy on a knife edge

If you’re wondering why your superannuation is shrinking or why the Reserve Bank may cut interest rates next month, blame US President Donald Trump.

11 Articles

It is not Trump who does not understand the economy and the world. It is the world we have invented with the help of the screen, likes and superficial analyses that has long since stopped understanding the economy – and itself.

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Import tariffs set by the U.S. government will be a huge burden on global growth and the European Central Bank (ECB) will do whatever it can to support Europe, but the solution is in greater unity on the continent, said yesterday ECB policymakers Joachim Nagel. Actions have fallen dramatically since U.S. President Donald Trump revealed tariffs aimed at most nations, and markets now dissuade a possible recession in some of the world's largest eco…

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The likelihood that the European Central Bank will cut financing costs next week and again in June is very high, investors and economists believe, as the tariffs announced by Donald Trump risk plunging the bloc into recession, writes the Financial Times.

·Ilfov County, Romania
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Sydney Morning Herald broke the news in Sydney, Australia on Tuesday, April 8, 2025.
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