When Global Order Begins To Fracture

Toyota And Honda See Sharp Declines In Profit Amidst Iran War Pressures, Spiking EV Costs Toyota expects a sharp decline in profit as rising material and shipping costs tied to the Iran conflict pressure its business, according to Bloomberg.  The automaker projected operating income of ¥3 trillion for the fiscal year ending March 2027, well below both analyst expectations of ¥4.6 trillion and last year’s ¥3.8 trillion. The company said supply chain disruptions are driving up costs for aluminum, resins, and other materials, while logistics issues remain unpredictable. Toyota estimates the regional...

The Race To Build The World's Tallest Skyscraper In 1909, New York’s Metropolitan Life Tower became the tallest building in the world at 700 feet. Just over a century later, Dubai’s Burj Khalifa reached 2,717 feet, nearly four times taller. This timeline, via Visual Capitalist's Gabriel Cohen, shows every building to hold the title of world’s tallest since 1909, using the most recent data available from the Council on Vertical Urbanism (CVU). Per CVU methodology, buildings must include floors, excluding structures such as Toronto’s CN Tower and the Stratosphere in Las Vegas. Heights are...

The Federal Reserve continues to destroy the economy’s savings base through a combination of artificially low interest rates and inflation. This war on savings will not end anytime soon.