Trump says he won't renew the USMCA trade pact: leverage for a better deal, or a blow to North American trade?

President Trump says he is 'not looking to renew' the USMCA free-trade agreement with Canada and Mexico, raising the prospect that it could lapse. Washington frames it as leverage to rework the deal on better US terms; Canada is publicly urging the US and Mexico to renew the pact for another 16 years, warning of disruption to deeply integrated North American trade.

US inflation flares again: should the Fed hold rates high, or stop squeezing households?

US inflation has jumped to a three-year high, driven by spiking gas prices from the Iran-war energy shock — and traders are now betting the Fed may even hike. One side says the Fed must keep (or raise) rates to choke off the new inflation wave; the other says high rates mostly punish ordinary Americans while doing little against supply-driven price spikes.

OPEC+ opens the taps for July: steadying the oil market, or a hike too small to matter?

OPEC+ approved another modest output increase for July — its fourth since the Strait of Hormuz was closed during the Iran war. Producers call it a careful return of supply to keep the market stable; critics say it is too small to offset a war-driven price shock that is still squeezing airlines and households.

The EU–US tariff deal: pragmatic peace, or caving to Trump?

The EU agreed to scrap tariffs on US industrial goods and accept a 15% cap on most US tariffs, under threat of escalation to 25%. Brussels calls it stability; critics call it a lopsided deal signed under pressure.

Argentina's Milei: shock therapy that works, or austerity that crushes the vulnerable?

President Milei vetoed pension and disability increases to protect his hard-won budget surplus, triggering mass protests. He says discipline is saving Argentina; critics say pensioners and the poor pay the price.

Trump's tariffs: rebuilding American industry or taxing American shoppers?

President Trump's sweeping tariffs are reshaping global trade. Supporters say they revive US manufacturing and protect national security; economists say they raise prices and act as a tax on households.

Will AI destroy jobs or create them?

AI is moving fast into the workplace. Some leaders warn of mass white-collar unemployment; others say technology will create more jobs than it destroys, as it has before.

Raise the minimum wage — lifeline for workers or job-killer for small business?

Should governments sharply raise the minimum wage? Advocates say it cuts poverty and boosts spending; critics warn it costs jobs and squeezes small firms.

Tax the billionaires? The fight over a wealth tax

As fortunes balloon, some — including wealthy people themselves — call for a tax on extreme wealth to fund public goods and curb inequality. Others say wealth taxes are unworkable and drive money away.