To balance these two results, you can use the economic order quantity inventory system. The EOQ system identifies the order quantities that -- when added to existing inventories -- will bring ...

The global economy is undergoing substantial changes, driven by fundamental shifts in trade policies. This comes at a time of deep structural transformations related to aging populations, high energy ...

Asia’s near-term outlook has weakened amid rising trade tensions with growth in the reference forecast slowing to 3.9 percent this year from 4.6 percent in 2024. Notwithstanding robust growth and ...

The Nintendo Switch 2 launches on June 5, with pre-orders already sold out at major retailers. GameStop is hosting an official launch event and midnight release where fans can pick up consoles at ...

President Donald Trump’s tariff diplomacy has been a shock treatment to the global economic order, intended as a kind of radiation and chemotherapy to kill the cancer that created the Rust Belt.

The 60th meeting of the European Economic Area (‘EEA’) Council took place in Brussels on 21 May 2025. The EEA Council discussed the overall functioning of the Agreement on the European Economic Area ...

The UK has unleashed a fresh set of sanctions against Russia, targeting in particular the country's military, energy and financial sectors. As he unveiled the 100 new sanctions against Moscow ...

Although he spoke English when he was enrolled in a truck driver training program, Kevinson Jean, a Haitian immigrant, recalled feeling self-conscious during his commercial driver's license exam ...

The European Union on Tuesday agreed to lift economic sanctions against Syria, the bloc's top diplomat Kaja Kallas said. It came a week after the US lifted its sanctions against Damascus.

The world's largest hedge fund is crowdsourcing ideas about the new global economic order. Bridgewater and Global Citizen are launching a contest to predict the impact of protectionist policies ...

Current political and economic issues succinctly explained. Chaos theory posits that random and unpredictable movements will, over time, begin to display underlying patterns determined by ...

The trade war between the US and China has become a significant topic of discussion among policymakers and academics since Donald Trump took office in 2025. It started during Trump 1.0, continued ...