Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Sun, Mar 01, 2026 12:14 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Thomas Klassen

Professor, School of Public Policy and Administration, York University, Canada
Thomas Klassen is a professor in the School of Public Policy and Administration at York University. He has published widely on Canadian politics and policy and a numerous other fields. He has held Visiting Professor appointments in Germany and South Korea.

He has been prepared experts reports and affidavits, research reports for various levels of government and international organizations such as the OECD, and briefs to Standing Committees.

Recent books include "The Essential Guide to Studying Abroad: From Success in the Classroom to a Fulfilling Career" (2020), "Ageing in Asia-Pacific: Interdisciplinary and Comparative perspectives" (2018), and "The Routledge Handbook of Global Public Policy and Administration" (2017).

He has travelled widely including to North Korea.

Biden Steps Down, Ushering in a Historic Shift in American Politics

Jul 21, 2024 23:03 pm UTC| Insights & Views Politics

In an unprecedented decision, Joe Biden has announced his resignation as president of the United States effective at noon on Jan. 20, 2025. Biden becomes one of the few sitting American presidents who opted not to seek...

After 8 years in power, what is Justin Trudeau’s legacy — and how will he cement it?

Nov 25, 2023 07:36 am UTC| Politics

Justin Trudeau led the Liberals to electoral victory in 2015, when the party began the federal election campaign with just three dozen MPs in the House of Commons. Trudeaus campaign platform promised Canadians...

Trump vs. Biden, the sequel, is a battle of two older men with big liabilities

Nov 07, 2023 08:59 am UTC| Politics

In exactly one year this week on Nov. 5, 2024 Americans will vote for their next president. Joe Biden and Donald Trump are likely to face each other again. Both candidates have flaws but so far have batted away all...

The U.S. tendency to mythologize presidents may explain Donald Trump's appeal

Aug 10, 2023 08:16 am UTC| Politics

Donald Trump faces three separate indictments over 70 criminal and felony counts with additional charges likely to come in the days ahead. But more stunning than the unprecedented legal cases against the former...

Here are some of the political events that will dominate headlines in 2022

Jan 03, 2022 12:01 pm UTC| Politics

Last year started out hopeful with the emergence of COVID-19 vaccines, but quickly proved to be a challenging year for governments and communities worldwide. Still, in the midst of the pandemic, 2022 will bring about a...

US under Trump Series

A second impeachment is just the start of Trump's legal woes

Jan 14, 2021 04:53 am UTC| Politics

By becoming the first president to be impeached twice, Donald Trumps controversial and divisive term as president is reaching a surreal ending. Although he will likely remain in office and finish his term on Jan. 20, the...

A second Trump term? Or a Biden presidency? What it means for Canada

Nov 08, 2020 11:11 am UTC| Politics

After a surreal election campaign in the midst of a pandemic, were still not sure of the outcome either Donald Trump won a second term, or Joe Biden will become the next president. Although pre-election polls showed Trump...

1 2

Economy

China’s New Home Prices Post Sharpest Drop Since 2022 Amid Ongoing Property Slump

Chinas new home prices recorded their steepest decline in more than three years in February, highlighting the persistent weakness in the countrys property market despite continued policy support. According to data released...

Strait of Hormuz LNG Crisis Triggers Global Energy Market Shock

The global energy market is facing its most serious disruption since the Ukraine invasion, as escalating tensions involving Iran have effectively halted traffic through the Strait of Hormuz. This narrow waterway is the...

Trump Warns Iran as Gulf Conflict Disrupts Oil Markets and Global Trade

U.S. President Donald Trump has issued a stern warning to Iran, cautioning against further retaliatory attacks targeting the United States and its Middle East allies. In a recent Truth Social post, Trump stated that any...

Strait of Hormuz Oil and LNG Shipments Disrupted After U.S.-Israel Strikes on Iran

Global oil and liquefied natural gas (LNG) shipments through the Strait of Hormuz have been disrupted after the United States and Israel launched attacks on Iran, prompting Tehran to declare the strategic waterway closed....

MOEX Russia Index Hits 3-Month High as Energy Stocks Lead Gains

Russian stocks closed mixed on Saturday, with the MOEX Russia Index finishing flat but reaching a new three-month high. Despite ending the session unchanged at 0.00%, investor sentiment remained supported by strong...

Politics

Israel Launches Fresh Strikes on Iran After Death of Supreme Leader Ayatollah Khamenei

Israel launched a new wave of airstrikes on Iran Sunday, escalating tensions across the Middle East after the reported killing of Irans Supreme Leader Ayatollah Ali Khamenei in coordinated U.S.-Israeli military operations....

Russia Signals Openness to U.S. Security Guarantees for Ukraine at Geneva Peace Talks

Russia has indicated it would accept a U.S.-backed proposal for Ukraines post-war security guarantees during recent peace talks in Geneva, according to a senior aide to Ukrainian President Volodymyr Zelenskiy. The...

Trump Launches Operation Epic Fury: U.S. Strikes on Iran Mark High-Risk Shift in Middle East

President Donald Trump authorized a sweeping U.S. military operation against Iran after receiving intelligence briefings that warned of potential American casualties while highlighting a possible geopolitical shift in...

U.S.-Israel Strike on Iran Escalates Middle East Conflict, Trump Claims Khamenei Killed

The United States and Israel have launched coordinated military strikes on Iran, dramatically escalating tensions in the Middle East. U.S. President Donald Trump stated on Truth Social that Irans Supreme Leader, Ayatollah...

Netanyahu Suggests Iran’s Supreme Leader Khamenei May Have Been Killed in Israeli-U.S. Strikes

Israeli Prime Minister Benjamin Netanyahu said Saturday that there are many signs indicating Irans Supreme Leader, Ayatollah Ali Khamenei, may have been killed in recent Israeli-U.S. airstrikes on Iran. The statement comes...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Samsung Electronics Stock Poised for $1 Trillion Valuation Amid AI and Memory Boom

Samsung Electronics Co Ltd DRC (LON:0593xq) is rapidly regaining momentum as global demand for AI infrastructure and memory chips accelerates. According to recent analyst reports from Citi, Macquarie, and Morgan Stanley,...

OpenAI Pentagon AI Contract Adds Safeguards Amid Anthropic Dispute

OpenAI has confirmed that its newly signed contract with the U.S. Department of Defense (DoD) includes expanded safeguards designed to tightly regulate how artificial intelligence is deployed on classified government...

Trump Orders Federal Agencies to Halt Use of Anthropic AI Technology

U.S. President Donald Trump announced Friday that he has directed every federal agency to immediately stop using artificial intelligence technology developed by Anthropic, escalating tensions between the federal government...

Federal Judge Blocks Virginia Social Media Age Verification Law Over First Amendment Concerns

A federal judge has temporarily blocked Virginia from enforcing a new social media law designed to protect children from online addiction, ruling that it likely violates First Amendment rights. The decision marks a...

Nintendo Share Sale: MUFG and Bank of Kyoto to Sell Stakes in Strategic Unwinding

Nintendo is reportedly preparing a major unwinding of strategic cross-shareholdings that could see MUFG Bank and the Bank of Kyoto sell significant stakes in the iconic Super Mario maker. According to sources familiar with...