Coffee ready, patience gone, and the front pages already shouting.

Trump’s tariffs are the largest tax hike since 1982. The tariffs are larger than the tax increases enacted under Presidents George H.W. Bush, Bill Clinton, and Barack Obama.

How a country goes about these two things—security and development, as well as practical decision-making and empathetic leadership

A catastrophic plane crash in Bolivia scattered $62 million in new currency, leading to an unprecedented economic crisis. The Bolivian Central Bank declared the collected banknotes invalid, turning apparent fortune into worthless paper for many citizens. This incident near La Paz sparked government raids and shattered public trust in the currency. Learn how quickly value can vanish. Date 2026-03-05T213031.332+0100 Tools used for generation Text Gemini Narator Azure TTS Clips Pexel Rendering Remotion

SEOUL (Reuters) -South Korea’s central bank expects a "significant" economic shock from higher U.S. tariffs even after a trade deal, it said on Thursday, citing comparably steeper tariff hikes versus rival exporters and high exposure to product-specific duties. "Despite a comparably successful negotiation, the average tariff rate the U.S. imposes on our country rose greatly to around 15%, from zero tariffs under the previous Korea-U.S. Free Trade Agreement," the Bank of Korea (BOK) said in a report. "Therefore, a significant shock is expected for the domestic economy highly dependent on U.S.-bound exports," it said. The BOK estimated the impact of U.S. tariff policies on economic growth at a negative 0.45 percentage point and 0.60 percentage point for this year and next year, respectively, reflected in its annual growth projections of 0.9% for 2025 and 1.6% for 2026. In late July, Seoul reached a trade deal with President Donald Trump that set U.S. tariffs on imports from the Asian ally at 15%, lower than the previous threat of 25% but higher than the baseline 10% that had been in place. Compared with Trump’s earlier tariff threats in April, South Korea was granted a tariff cut that was the ninth-biggest among 50 major exporters to the U.S., the BOK said, based on its estimates of changes in average tariff rates. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. South Korea’s previous free trade agreement with the U.S. and its high exposure to hefty U.S. tariffs on imports of automobiles and steel products contributed to the steeper increase, according to the BOK. Successful investors know to check multiple angles before making their move. InvestingPro's three powerful features work together to give you that edge: ProPicks AI runs 80+ stock-picking strategies, including Tech Titans, which doubled the S&P 500's performance in just 18 months! Fair Value combines 17 proven valuation models to help you spot overpriced stocks and undervalued gems. And WarrenAI delivers instant insights on any stock. Ask questions, get vetted answers backed by real-time data (unlike ChatGPT). Our subscribers use all three to identify stocks before double-digit gains and avoid costly mistakes. But with 50% during our Summer Sale, even if you only use one of these features the value pays for itself. Sale ends soon—don't wait until prices go back up.

A dramatic and unprecedented collapse in beef exports has delivered one of the most significant economic shocks to Namibia in recent years, forcing a national reckoning with the structural vulnerabilities of its agricultural sector. According to a comprehensive analysis by Simonis Storm, the first half of 2025 saw export volumes