Delivering insights in global business and geopolitics

Economics

U.S trade deficit widens as exports decline sharply

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis reported that the United States' goods and services deficit increased to $71.5 billion in May, a rise of $11.3 billion from April's revised figure of $60.3 billion.

IMF completes third review under ECF arrangement for Ethiopia

The International Monetary Fund (IMF) Executive Board has completed the third review under the Extended Credit Facility (ECF) arrangement for Ethiopia and concluded the 2025 Article IV consultation.

Toyota Canada reports increased vehicle sales in second quarter

Toyota Canada Inc. (TCI) reported a notable increase in sales for the second quarter of 2025, with a total of 73,346 vehicles sold, marking an 8.6% rise compared to the previous year.

IMF discusses economic opportunities during Article IV mission to Timor-Leste

An International Monetary Fund (IMF) team, led by Yan Carrière-Swallow, visited Dili from June 19 to July 2 for the 2025 Article IV consultation with Timor-Leste.

IMF highlights Curaçao's economic growth driven by tourism; risks remain

Curaçao's economic landscape has experienced notable growth, with a 5 percent expansion in 2024 driven by robust tourism activity.

Real Estate

A recent report on tokenization from the Boston Consulting Group (BCG) said the process "enables borderless accessibility" to physical assets for investors all over the globe.

Berkshire Hathaway, Pilot Corporation settle lawsuit

Berkshire Hathaway disclosed this week that it had reached a settlement in a lawsuit with Pilot Corporation, thereby cancelling the trial that was scheduled to commence on Monday in Delaware.

American Strategic Investment Company announces changes in the board of directors

Abby Wenzel has stepped down from her position on the board of directors at the American Strategic Investment Company (ASIC), a role she held for nine years.

Technology

Binance founder on $10 million biotech donation: 'The best way to attract mission-driven talent is having conviction yourself'

Changpeng Zhao, also known as CZ, the founder of Binance, said that personal conviction attracts like-minded, mission-driven talent.

Dentsu CEO: ‘One Dentsu’ model is a ‘fundamental transformation’ in how company serves its clients

Hiroshi Igarashi, President and Global CEO of Japanese advertising giant Dentsu Group Inc., said the company’s “One Dentsu” model has transformed how the company operates and serves its clients.

Dentsu 2025 Media Trends author: the world is no longer flat

A top futurist at one of the world's largest advertising agencies says that for marketers, the world is no longer flat. Dan Calledine, head of media futures at Dentsu, said regulatory variations and moves to paid media models have made the world "a lot more uneven" than it was during the first two decades of Internet development.

Trade

Ghana has officially accepted the World Trade Organization (WTO) Agreement on Fisheries Subsidies, joining other member nations in efforts to bring the agreement closer to enforcement.
Since its inception in 2010, the World Trade Organization (WTO) Chairs Programme has been aiding academic institutions in trade-related research, curriculum development, and policy outreach.
The World Trade Organization (WTO) has announced the selection of its second cohort for the Young Trade Leaders Programme, initiated in 2024.