Global Economy/page/2 news and trends

EU Aims ‘Bazooka’ at Big Tech in Response to Trump Tariffs
Economy // February 05, 2025

The European Union is reportedly prepared to retaliate if President Donald Trump imposes threatened tariffs. That retaliation could come in the form of restrictions on trade in services against American Big Tech companies, the Financial Times (FT) reported Wednesday (Feb. 5). Two officials with knowledge of the...

Trump’s Trade War Shocks Markets And Back Offices
Connected Economy // February 03, 2025

The everyday goods of life increasingly come from everywhere. Tomatoes are shipped in from Canada, avocados and beer from Mexico, and cheap electronics and apparel from China. And that’s just across grocery and retail. To make it all work, 365 days a year, the global...

Procter & Gamble CFO Sees ‘Right Price Levels’ in US Market Amid Global Challenges
Earnings // October 18, 2024

Recent challenges in key markets, particularly China and the Middle East, have significantly impacted sales for major corporations like Procter & Gamble, which reported a 1% decline in first-quarter net sales, to $21.7 billion, reflecting the effects of a sluggish Chinese economy and ongoing geopolitical tensions...

How the World’s Most Urgent Risks Could Impact Payments
Safety and Security // January 11, 2024

Systemic shifts are taking place across the global economy, bringing with them new, urgent risks. But importantly, within the many era-defining changes underway, including the double-edged sword of generative artificial intelligence (AI) capabilities, exists an emergence of unique opportunities — particularly for the payments industry....

Interviews & Exclusives
Study Finds Digital Engagement of Consumers Worldwide Jumped 1.2% in Q2

September 22, 2022
The summer of 2022 was a watershed moment for the global digital economy. For millions of consumers in the Northern Hemisphere, this summer was the first time since the beginning of the COVID-19 pandemic that they felt comfortable traveling and enjoying the outside world. Not only did 178 million consumers across 11 countries buy travel […]

As SMBs Grapple With Virus, No Assurance From Insurance

March 17, 2020
The coronavirus continues to have reverberations across the global stage, and is especially impacting developed economies, and in particular, the small businesses that are a key foundation of  those economies....

The Global Gig Worker’s Payment Satisfaction Roadmap

May 17, 2019
In the digital economy, geographical and physical borders are no longer barriers to employment. The doors to opportunity are wide open for anyone willing and able to join the global...

Instant IDV: Digital Security’s Next Big Thing?

May 08, 2019
Anything that grows faces various challenges, and even choke points — those things that can directly or indirectly cut off oxygen and other fuel, and slow or even eliminate further...

Quick Reads
Tariffs Force Chinese Sellers to Raise Prices or Leave Amazon

April 10, 2025
U.S. tariffs have reportedly left Chinese companies on Amazon with a tough choice: Hike their prices, or leave the platform altogether. That’s according to a report late Wednesday (April 9) by Reuters, citing interviews with those merchants and the head of China’s largest eCommerce association. The shift follows President Donald Trump’s announcement that he would increase tariffs on Chinese […]

EU Aims ‘Bazooka’ at Big Tech in Response to Trump Tariffs

February 05, 2025
The European Union is reportedly prepared to retaliate if President Donald Trump imposes threatened tariffs. That retaliation could come in the form of restrictions on trade in services against American...

Global Trade Faces Slowdown as Economic Growth Weakens

August 09, 2023
The world is facing a major slowdown in global trade as economic growth weakens. In addition, governments around the world are increasingly curbing business with China, and Russia’s invasion of...

Tala Money App Gains 800,000 New Customers in First Half

July 20, 2023
Tala added 800,000 new customers in the first half of the year — a 114% increase in growth compared to the first half of 2022. More than 8 million customers...