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

Become a contributor

Bookmark Econotimes

Sat, May 02, 2026 02:42 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

Trump Rejects Iran Proposal as Tensions Persist Amid Fragile Ceasefire

U.S. President Donald Trump has expressed dissatisfaction with Irans latest proposal for renewed talks, signaling continued deadlock in efforts to resolve the ongoing U.S.-Iran conflict. Despite a ceasefire reached on...

EU Warns of Response as U.S. Considers 25% Tariffs on Car Imports

The European Commission signaled it is prepared to defend its economic interests after the United States threatened to impose new tariffs on European vehicles, raising concerns over a potential escalation in transatlantic...

Wall Street Mixed as Apple Earnings Boost Nasdaq and Oil Prices Ease

U.S. stock market performance ended mixed on Friday, with major indices showing resilience despite ongoing geopolitical tensions and fluctuating oil prices. The SP 500 and Nasdaq Composite posted gains, while the Dow Jones...

Gold Prices Slip Amid Iran Tensions and Rising Rate Concerns

Gold prices edged slightly lower on Friday, hovering near one-month lows after a volatile trading session. The precious metal continues to face pressure following consecutive monthly declines, as global economic...

Dollar Gains Slightly as Yen Volatility Continues After Japan Intervention

Currency markets closely monitored the Japanese yen on Friday after suspected intervention by Tokyo triggered significant volatility, while the U.S. dollar began May with a modest rebound following April losses. The U.S....

Politics

Cuba Condemns New U.S. Sanctions, Calls Measures “Collective Punishment”

Cuba has strongly rejected the latest sanctions imposed by U.S. President Donald Trump, describing them as unjust and harmful to its citizens. The response came from Cuban Foreign Minister Bruno Rodríguez, who...

Rising Tensions in US-Europe Relations Amid Trump Policies and Iran War

Recent developments in US-Europe relations have raised concerns among global leaders as tensions escalate due to policy disagreements and political rhetoric. European officials are increasingly uneasy following a series of...

Trump Expands Cuba Sanctions Targeting Key Sectors and Foreign Entities

U.S. President Donald Trump has signed a sweeping executive order expanding sanctions against Cuba, intensifying pressure on the islands government and its international partners. According to White House officials, the...

US to Withdraw 5,000 Troops from Germany Amid Growing Rift with European Allies

The United States is set to withdraw approximately 5,000 troops from Germany, signaling rising tensions between Washington and its European allies amid the ongoing Iran conflict. The Pentagon confirmed the move, which will...

U.S. Weapons Delays Raise Concerns Among European Allies Amid Iran Conflict

The United States has reportedly warned several European allies to prepare for delays in the delivery of military equipment, as ongoing tensions and conflict involving Iran continue to strain American weapons stockpiles....

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

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...

Technology

U.S. Cybersecurity Pushes Faster Patch Deadlines Amid Rising AI-Driven Threats

U.S. cybersecurity officials are exploring significantly shorter deadlines for fixing critical vulnerabilities in government IT systems, driven by growing concerns that hackers are leveraging advanced artificial...

Apple Q2 2026 Earnings Surge as iPhone 17 Sales Drive Record Revenue

Apple delivered a strong fiscal Q2 2026 performance, reporting record-breaking revenue and profit growth fueled by robust iPhone sales and expanding services. The tech giant posted earnings of $2.01 per share on $111.18...

FBI Warns of China’s Expanding Hack-for-Hire Network Amid Extradition Case

The Chinese governments alleged hack-for-hire ecosystem is rapidly expanding and becoming increasingly difficult to control, according to a senior FBI official. Speaking on Thursday, FBI Assistant Director Brett Leatherman...

Taiwan Activates Backup Communications After Undersea Cable Break on Dongyin Island

Taiwan has activated emergency backup communications for Dongyin, its northernmost and strategically important island, after an undersea cable was damaged due to shifting shipwreck debris caused by severe weather. The...

Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings

Meta Platforms has increased its full-year capital expenditure guidance for 2026, signaling continued aggressive investment in artificial intelligence infrastructure despite rising costs and market concerns. The company...