In recent years, a new financial behaviour has emerged in response to economic uncertainty—doom spending. This term refers to impulsive purchases driven by fear of future price hikes, economic instability, or financial insecurity. While the concept gained traction in the US, where consumer confidence hit a 12-year low in early …
Read More »The domino effect: How US tariffs reshape CARICOM economies and geopolitics
On February 1, 2025, President Donald Trump unveiled sweeping tariffs poised to reshape global trade dynamics, targeting imports from Canada, Mexico, and China. Initially set to take effect on February 4, 2025, the policy imposed a 25% tariff on most Canadian goods—though reduced to 10% for energy resources—a 25% levy …
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Sweet TnT Magazine Trinidad and Tobago Culture
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