From: Counting the Cost
What’s next for the global economy in 2026?
2025 was the year of tariffs and a global shift in economic power.
![The state-run Pakistan International Airlines plane preparing to take-off for Paris after the airline resumes direct flights to Europe after the EU lifted a four-year ban in January this year. [AP Photo]](/wp-content/uploads/2025/12/AP25010373470108-1766709906.jpg?resize=770%2C513&quality=80)
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Trump administration to resume wage garnishment for student loan defaulters
Borrowers to receive wage garnishment notices starting January 7, Department of Education confirms.
![The move garnish wages comes amidst a cooling labour market and rising unemployment [File: Jim Urquhart/Reuters]](/wp-content/uploads/2025/12/2025-06-10T100114Z_882990266_RC2HSEAA81YE_RTRMADP_3_USA-TRUMP-VOTERS-STUDENT-LOANS-1766519018.jpg?resize=770%2C513&quality=80)
US wants to sell GM soya and corn to India, farmers wary
India has not opened its market to GM soya or corn, one of the sticking points in US trade talks.
Canada names new ambassador to US as key trade talks loom
Terms of North American free trade deal set to be renegotiated in 2026 under shadow of US tariff policies.
UPS stumbles into holiday season amid shifting trade rules
After the end of the de minimis rule rewired US import requirements, UPS is struggling to clear shipments.
Trump pauses more offshore wind projects citing national security concerns
The directive pausing five projects comes as the administration ramps up offshore oil and gas production.
![The suspension impacts five farms currently under construction on the east coast of the United States [File: Brian Snyder/Reuters]](/wp-content/uploads/2025/12/2025-12-22T151844Z_2046624838_RC2SXGAOZRS2_RTRMADP_3_USA-TRUMP-OFFSHORE-WIN-1766423696.jpg?resize=770%2C513&quality=80)
India and New Zealand conclude free trade agreement
Governments are seeking to diversify trade links due to the uncertainty driven by Trump’s tariffs.
Swiss court to hear Indonesian islanders’ climate case against cement giant
Four residents of Pari, a low-lying Indonesian island, filed the complaint in January 2023.
‘International piracy’: Venezuela condemns US seizure of oil tanker
Caracas slams the US over ‘the theft and hijacking’ of a second oil tanker and says it will file a complaint at the UN.
From: Inside Story
Why has signing the EU-Mercosur deal been delayed?
Sealing of deal postponed despite decades of preparation.
Published On 20 Dec 2025
Musk wins US appeal to restore 2018 Tesla pay package
The Delaware Supreme Court rules in favour of Musk and his $56bn compensation.
![Musk accused Delaware judges of being activists who are hostile to tech founders and he urged businesses to follow Tesla and reincorporate elsewhere [File: Evelyn Hockstein/Reuters]](/wp-content/uploads/2025/12/2025-11-19T184326Z_113400314_RC2SZHAFZ1AP_RTRMADP_3_USA-SAUDI-FORUM-1766181404.jpg?resize=770%2C513&quality=80)
