• New World

    Why is the United States so powerful?

    The strength of the United States is the result of the long-term interplay of geographical endowments, institutional design, industrial advantages, and historical opportunities, with the foundation of its comprehensive strength rooted in multiple mutually supporting dimensions.Geographically, the United States is endowed with exceptional natural conditions. The two major oceans on its east and west serve as natural security barriers, while its northern and southern neighbors have limited strength. This allowed it to avoid 战火 on its homeland during the two world wars, enabling it to accumulate wealth and attract global talent. Of its 9.37 million square kilometers of land, nearly…

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    The U.S. Treasury Department has sanctioned an Iranian oil tycoon.

    On July 30, 2025 local time, the U.S. Department of the Treasury announced sanctions against the oil trading network operated by Iranian oil tycoon Mohammad Hossein Shamkhani. The details are as follows:Reasons for sanctions: The U.S. Treasury Department stated that Shamkhani’s network transports oil and other goods from Iran and Russia, “earning tens of billions of dollars in profits,” and he uses most of the income to support Iran’s current regime. The United States seeks to choke Iran’s economic lifeline through sanctions and force Iran to make concessions on issues such as its nuclear program.Sanction measures: The sanctions involve more…

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    Leading German companies announce major investment plans to boost economic recovery

    At a critical juncture of profound adjustments in the global economic landscape, Germany’s business community and government have joined hands to launch a historic investment plan, aiming to inject new momentum into Europe’s largest economy. In July 2025, more than 60 leading German companies jointly announced the launch of the “Made for Germany” initiative, planning to invest at least 631 billion euros between 2025 and 2028, covering core areas such as digital transformation, energy innovation, and infrastructure upgrading. This, dubbed “the most important economic action in recent decades,” marks a strategic shift in Germany’s response to stagnant growth.I. Strategic Logic…

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    LVMH’s foray into private aviation: an $800 million bet on Flexjet’s experiential economy ambition

    Global luxury giant LVMH is redefining the boundaries of luxury consumption through concrete actions. Its subsidiary private equity firm L Catterton announced in July 2025 that it, together with KSL Capital Partners and J. Safra Group, would invest $800 million in private jet company Flexjet to acquire a 20% stake in it. This transaction not only sets a record for the largest single equity investment in the private aviation sector but also marks a new stage in LVMH’s strategic transformation from “product sales” to “experience operation”.I. The Strategic Puzzle Behind the TransactionAs the world’s second-largest private aircraft service provider, Flexjet…

  • New World

    Westinghouse Electric plans to expand ten nuclear power facilities in the United States.

    On June 8 local time, foreign media reported that nuclear energy developer Westinghouse Electric is in negotiations with the U.S. government and industry partners regarding the deployment of 10 large-scale nuclear reactors. Dan Sumner, interim CEO of Westinghouse Electric, stated, “The (Trump) executive order mentioned 10 large-scale nuclear reactors, and we believe all of them can be constructed using AP1000 reactors.” Investment bank TD Cowen indicated that, according to estimates from the U.S. Department of Energy, building 10 large-scale nuclear reactors in the United States could cost $75 billion, excluding factors such as construction delays or cost overruns.On July 15,…

  • New World

    Nvidia returns to the top of the global market capitalization, and its “favored offspring” CoreWeave has surged over 200% in two months.

    On June 3 (Eastern Time), NVIDIA’s market value reached $3.45 trillion, surpassing Microsoft to once again become the world’s most valuable listed company, with the capital market’s frenzy for AI showing no signs of abating. NVIDIA’s stock price has soared more than 24% in the past month and over 50% since its April low, demonstrating the market’s continued confidence in its core business and growth prospects. Meanwhile, CoreWeave, known as NVIDIA’s “favored offspring” and a provider of cloud computing power leasing services, has also been sought after by capital. In just over two months since its IPO, its market value…

  • New World

    Goldman Sachs economists: The U.S. dollar is expected to depreciate further.

    Goldman Sachs Research notes that as investors’ concerns about the U.S. fiscal situation have intensified, many have become increasingly pessimistic about the dollar’s prospects, predicting that the dollar will depreciate further. Ashok Varadhan, co-head of Goldman Sachs Global Banking & Markets, stated that the United States is not the only developed market with an unusually large budget deficit. Goldman Sachs Research estimates that the U.S. budget deficit will account for approximately 6% of GDP this year, compared with 5.5% in France and 3.6% in the United Kingdom.Goldman Sachs published an article stating that the massive U.S. fiscal deficit has raised…

  • New World

    The FDA has approved a new COVID-19 vaccine, with Moderna’s stock rising more than 4%.

    Recently, a piece of news in the U.S. stock market has attracted widespread attention: Moderna announced that the U.S. Food and Drug Administration (FDA) has approved its new low-dose Covid-19 vaccine. Driven by this positive news, as of the release of relevant reports, Moderna’s stock price has risen by 4.74%.The approval of Moderna’s new COVID-19 vaccine is of great significance. It is understood that this vaccine is not intended for all populations but is limited to those who have been previously vaccinated against COVID-19. This move is based on the current global COVID-19 prevention and control situation and considerations regarding…

  • New World

    The UK has approved the 38 billion-pound Sizewell C nuclear power plant project.

    On July 22, 2025, the UK government announced its approval for the construction of the Sizewell C nuclear power plant in Suffolk, eastern England, with the project valued at a staggering £38 billion (approximately 367.9 billion yuan).The UK government will hold an initial 44.9% stake in the project, making it the largest single shareholder. Other investors include French state-owned enterprise EDF (Électricité de France), Caisse de dépôt et placement du Québec, Centrica Plc, and Amber Infrastructure Group. Once completed, the project is expected to provide stable electricity to approximately 6 million households for at least 60 years and help the…

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    Thailand appoints Vitai, who supports interest rate cuts, as the central bank governor.

    A Thai government spokesperson announced on July 22 that the country’s Cabinet has approved the appointment of Vitai Ratanakorn as the central bank governor, effective October 1. Vitai currently serves as the President and CEO of the Government Savings Bank (GSB) of Thailand, and he has previously held several important positions in both the private and public sectors.The 54-year-old Vitai has led Thailand’s largest state-owned bank, the Government Savings Bank, since 2020. He boasts a rich financial resume, having obtained a master’s degree in finance from Drexel University in the United States, as well as master’s degrees in political economy…