- Economists emphasize that free trade is a driving force of economic growth, while protectionist measures and tariffs pose a threat to the economy. Chief Economist of Bloomberg Economics Tom Orlik shared his views on the U.S. trade policy and its impact on global trade in a video on Bloomberg's YouTube channel.
He noted that President Donald Trump raised the average tariff level to about 15%, and on some Chinese goods — temporarily to 125%. Modeling the impact of such tariffs on the global economy shows a significant slowdown in growth and a rise in prices, creating a risk of stagflation — a combination of low growth and high inflation.
According to the economist, markets reacted negatively to the rising tariffs. Investors expressed concerns about a potential new inflation spike; however, actual data from the summer showed that inflation in the U.S. has not accelerated but has also not decreased.
“One of the reasons for this was the advance preparation for increased imports. American companies and foreign suppliers, anticipating the introduction of tariffs, preemptively increased shipments, creating stockpiles of cheaper goods. As a result, at the beginning of 2025, the volume of imports into the U.S. was significantly higher than in previous years,” the Bloomberg report states.
Meanwhile, signs of weakening are beginning to appear in the U.S. economy. The labor market is showing a slowdown: whereas previously more than 100,000 jobs were created each month, the pace of employment growth has significantly decreased, and in some months, job losses were even recorded. This increases the risk that the effects of the tariffs will coincide with an already weakened economic dynamic.
According to Bloomberg, the main burden of the tariffs falls on American companies, which are currently offsetting rising costs by reducing profits rather than increasing prices. However, as Tom Orlik emphasizes, tariff revenues do not come "from nowhere," and in the long term, these costs will be borne by U.S. businesses and households.
The economic year is coming to an end, and for Kyrgyzstan, it has turned out to be quite successful: the country's GDP demonstrated the highest growth rate in the Eurasian region. Expectations...
Changes in the U.S. tariff policy were the result of prolonged negotiations. In particular, the increase in tariffs on imported furniture has been postponed until 2027, while tariffs on Italian pasta...
Today, the price of Bitcoin reached $90,000, but soon retreated to $87,000, as reported by Forbes.ru. The cryptocurrency was unable to sustain the "Santa Claus rally" that started in the...
According to forecasts, in the coming year, Kyrgyzstan's economy will take leading positions in its region, demonstrating GDP growth of 9.3 percent. This analysis was presented by the Eurasian...
According to a report by the United Nations, the global economic output is expected to grow by 2.7% in 2026. This figure is slightly lower than the forecast for 2025, which was 2.8%, and...
- In its monetary policy report for the third quarter of 2025, the National Bank of the Kyrgyz Republic updated its medium-term forecast for key macroeconomic indicators for the upcoming years of...
At a recent government meeting, a decision was made prohibiting ministers, heads of departments, and governors from raising prices for state services, including water supply, electricity supply, and...
- Currently, Rio Tinto and Glencore are in preliminary merger talks that, according to information from Reuters and Bloomberg, could create a company with a market capitalization exceeding $200...
- During the briefing, Shantanu Mukerji, the Director of the UN Department of Economic Analysis and Policy, reported that by the end of 2025, the global inflation rate stood at 3.4%, while the...
Starting from 2026, water and sewage tariffs in Manas will increase, as approved at the city council meeting on December 26. Deputies noted that the funds from the tariff increase will be directed...
In November, the profits of Chinese industrial companies fell at a record pace, marking the largest decline in over a year. This occurred against the backdrop of weak domestic demand, which...
According to a new UN report, growth in 2025 was 2.2%, and a decline to 2.1% is expected in the following year. The slowdown in GDP growth in the region is primarily linked to the economic situation...
- In 2025, Tesla, under the leadership of Elon Musk, lost its position as the leader in the global electric vehicle market for the first time. Now, the top spot is held by the Chinese company BYD, as...
- The new tariffs for domestic flights will come into effect on January 4, 2026. This was announced by Aydai Shaidildaeva, the commercial director of one of the airlines, on the radio. Fixed tariffs...
The new authorities intend to focus efforts on oil production After the overthrow of Nicolás Maduro, Marco Rubio, who heads the U.S. State Department, will play a key role in managing Venezuela....
- According to Bloomberg, the export revenue of Russian oil companies continues to decline amid a significant drop in Urals prices, which are now selling at nearly a 50% discount compared to Brent...
In its Country Report on Climate and Development in Kyrgyzstan, the World Bank predicts that climate change will not have a significant impact on poverty levels. According to the study, vulnerability...
At the IV People's Kurultai, President Sadyr Japarov announced that, according to the International Monetary Fund, Kyrgyzstan has entered the top three countries with the highest rates of real...
In 2025, residents of Kyrgyzstan faced financial difficulties due to rising prices outpacing their incomes. Forecasts for the following year do not inspire optimism, and experts are addressing this...
According to the report on monetary policy, the third quarter of 2025 saw a continued increase in lending to the economy. The credit portfolio of the banking system grew by 10.5%, reaching 460.6...
At the People's Kurultai, the President of Kyrgyzstan, Sadyr Japarov, announced plans to provide significant concessions to businesses. He noted that there is a positive trend in the form of...
The economic situation in Kyrgyzstan shows a noticeable growth in nominal indicators; however, the issue of inflation remains relevant. This was stated by Askar Sydykov, Executive Director of the...
Economist Arsen Imankulov provided an analysis of the economic results of 2025 for 24.kg, highlighting both positive aspects and potential risks. He noted that the current achievements could serve...
- On the air of the radio program, Askar Sydykov, the executive director of the International Business Council, shared his concerns about the increasing state control in certain sectors of the...
Reliance Industries The largest oil refiner in India, Reliance Industries Ltd., has resumed purchases of Russian oil for its plant in the state of Gujarat, Bloomberg reports citing sources. The...
According to information provided by Bloomberg, Russia's oil export revenues have fallen to their lowest level since February 2022. Last week, the revenue was around $959 million, which is $500...
Donald Trump congratulated everyone on Christmas, including the "radical left scum." This statement was made by the U.S. president on his social network TruthSocial....
- In its latest report on monetary policy, the NBKR presented a forecast for the balance of payments for 2025 and 2026, highlighting a high degree of uncertainty in the external environment and the...
Kyrgyzstan fully meets its needs for six out of nine essential food products, which has been made possible through the joint efforts of the government, farmers, processors, and cooperatives. This was...
In his recent interview with CNN, Hinton emphasized that AI has already reached a stage where systems can perform not just "minute tasks," but entire projects that require hours of work....
According to Bloomberg sources, after the overthrow of President Nicolás Maduro, U.S. Secretary of State Marco Rubio will take a key role in managing Venezuela. This information was provided by an...
Sadyr Japarov, the President of Kyrgyzstan, congratulated the people on the upcoming New Year. In his address, he emphasized that thanks to the coordinated work of various government structures and...
- According to the materials from the National Bank of the Kyrgyz Republic, inflation in the country is expected to rise to 10.5–11% by 2025. The acceleration of inflation is linked to changes in the...
At a briefing, the Director of the Economic Analysis and Policy Division of the UN Department of Economic and Social Affairs, Shantanu Mukerji, reported that the percentage of Venezuelan oil in...
- In his address to the believers, the mufti emphasized that the sharp rise in prices of goods and services, as well as speculation, constitutes a sin and oppression. He noted that price inflation...
Photo by Financial Times The annual forecast for 2026 was presented by the Financial Times, covering important aspects of politics, economics, and technology....
At its recent session held on December 31, 2025, the government made a decision to implement a 300-day plan aimed at accelerating economic recovery and ensuring its benefits for the population....
This information was announced by the Minister of Economy and Commerce, Bakyt Sydykov According to the minister, over the past three years, the average annual growth rate of the gross domestic...
Source: Internet In 2026, significant changes are expected in the financial situation of citizens of Kyrgyzstan. Some groups of the population will see an increase in income, while others will face...
According to information provided by the Eurasian Development Bank (EDB), China is currently implementing 160 investment projects in the EAEU countries, as confirmed by data for 2025. As of the first...
With the arrival of the New Year, the Minister of Economy and Commerce of Kyrgyzstan, Bakyt Sydykov, congratulated the residents of the country and shared the results of 2022, as well as plans for...
In 2025, the assets of the 500 richest people in the world increased by a record $2.2 trillion, marking a significant achievement. The main factors contributing to this growth include the rise of...
According to Muratbek Imankulov, Deputy Chairman of the Antimonopoly Regulation Service under the Ministry of Economy, the rise in meat prices in Kyrgyzstan is not related to objective economic...
In 2025, Kyrgyzstan faced challenges in the energy sector, including a lack of capacity and ongoing negotiations with donors for the construction of the Kambar-Ata-1 Hydroelectric Power Station....
In the current year, the Department for Promotion of Industry and Internal Trade (DPIIT) organized a series of meetings with investors and experts to discuss ways to increase Foreign Direct...
The volume of accumulated foreign direct investments from Eurasian region countries in China increased from $61 million in 2016 to $1.1 billion by the first half of 2025, according to data from the...
The Republic stands out among the EAEU countries in terms of GDP and industrial growth rates Daniyar Imanaliev, Minister for Integration and Macroeconomics of the Eurasian Economic Commission, noted...
