American opinion: Trusted data is a vital economic asset - Grand Forks Herald

Dependable Data: An Essential Economic Resource

Producing accurate measures of jobs and inflation isn’t as simple as one might think, especially as the economy finds itself in a state of flux. Given this, it’s hardly surprising that July’s data revisions were so substantial. We’re in the early stages of grappling with the administration’s policy shocks, including tariffs. Consequently, the Bureau of […]

A barge loaded with containers at Yangluo Port on the Yangtze River, in Wuhan, China.

Trade Targets Downplay Trump’s Criticism

Ah, the “Trump Round” of trade negotiations! As Jamieson Greer, America’s trade representative, dubbed it, one might say it was a bold move to reassert American dominance. Peter Navarro, a long-standing adviser to Donald Trump, went so far as to suggest that the president should be awarded a Nobel Prize in economics. Why, you ask? […]

Indonesia optimistic about economic growth outlook for 2026

Indonesia Confident in Positive Economic Projections for 2026

By Vietnam News Agency Mon, August 18, 2025 | 11:19 pm GMT+7 My dear readers, allow me to delve into some rather interesting developments from our Southeast Asian friends. President Prabowo Subianto of Indonesia has established some ambitious economic targets for the year 2026. He’s aiming for economic growth to reach 5.4%, with inflation comfortably […]

Trump's tariffs destructive for US economy, foreign policy interests, says economist Jeffrey Sachs; lauds India's response

Economist Jeffrey Sachs Criticizes Trump’s Tariffs, Praises India’s Approach

A Curious Affair: US Tariffs on India Introduction Renowned economist and Columbia University Professor, Jeffrey Sachs, has taken a rather critical stance against the United States’ recent tariff decisions. In a candid conversation with ANI, Sachs described President Donald Trump’s tariffs as “bizarre” and “self-destructive.” It’s quite a damning assessment, if you ask me. The […]

U.S. tariffs may cool inflation for the rest of the world 

Global Inflation Could Ease Due to U.S. Tariffs

The discerning American consumer, along with the venerable Federal Reserve, is presently navigating the rather choppy waters churned up by President Donald Trump’s tariffs. While these tariffs have been a bit of a bother in terms of inflation, the global economy might actually catch a break. Inflationary Pressures and U.S. Consumers Though U.S. tariffs have […]