The Economy Markets

China sees a surge in new drug clinical trials and global licensing deals Accelerating capture of the global biopharma market through innovation A string of Chinese biotech technology exports, including big-ticket deals with U.S.

Global CEOs’ confidence in revenue growth sinks to a five-year low Pressure mounts to show returns on AI spending, with few firms seeing real financial gains Rushed AI rollouts backfire, hurting service quality and driving up costs Glo

Rising pressure on U.S. interest ratesScenario of broader Treasury sell-offs across Europe

Korean shipbuilders move to enter U.S. Navy warship programs head-on, beyond MASGA Push accelerates despite steps to expand U.S. production capacity, including shipyard acquisitions With Trump administration signaling a pro-U.S.

U.S.

Reciprocal tariffs raise costs at home, shrink global trade, and rarely deliver lasting protection When two countries retaliate, third-party exporters often gain while consumers and firms lose Measuring the true cost of protection shows tariffs and counter-tariffs are equally damaging policies

Inflation is a mix of shocks and trends, not a single number Inflation decomposition clarifies causes and improves policy decisions It should be central to both forecasting and economic education Inflation isn't simple.

The Donroe Doctrine replaces global leadership with blunt self-interest Tariffs now function as leverage, not policy tools Education and governance must adjust to a less predictable order The Donroe Doctrine isn’t a sweeping histori

Power bottlenecks emerging as AI-driven electricity demand from data centers surges Infrastructure investment gains prominence as a prerequisite for operating the AI ecosystem “Innovation in AI infrastructure will become the next engine of value creation”

Equipment exclusions pushed on security and market-rule concernsChina seeks to undermine legitimacy with “double standards” claims

Global liquor makers’ inventories pile up as COVID-era output surge backfires Shifting consumer trends erode alcohol’s role as a traditional defensive stock Demand pivots to non-alcoholic drinks, accelerating industry reshuffle Global liquor

Intensifying capacity race amid surging AI server demand Micron acquires Taiwan fab for $1.8 billion Full-scale DRAM mass production expected from the second half of next year U.S.

Surge in technology leaks hits semiconductors, displays, and secondary batteries Laws tightened, but light prison sentences blunt deterrent effect Korea should look to tougher responses in the U.S.

Limits of a high-end, low-volume production model exposedBreakthrough sought through opening to allies

Memory shortage deepens amid AI demand surge, DDR5 prices jump as much as fourfold Global big tech queues up as supply-demand balance flips PCs and smartphones hit hard, with price hikes and product cancellations mounting Global memory ch

China’s AI market share surges from 1.2% to nearly 30%Emerging markets targeted with price competitiveness

Lower capital requirements failed to increase UK lending Banks chose shareholder payouts over new loans Capital policy without conditions does not drive growth In December 2025, the Financial Policy Com

AI investment looks inflated, but much of its value is already embedded in real productivity gains Profits and adoption show substance, even as debt and feedback loops create fragility The real policy challenge is managing systemic risk without mistaking transformation for a bubble

State kidnapping replaces law with power and turns exceptional force into dangerous precedent When rules bend for one state, they fracture for all others Without firm legal boundaries, global order gives way to permanent instability <

China Accounts for One-Third of Global Electricity Consumption Structural Advantage Secured Through Parallel Investment in Power Grids and Equipment Low-Cost Supply Chain Built Amid Intensifying AI Leadership Competition China’s electricity