Mindblown: a blog about philosophy.

The global trading system is experiencing the “worst disruptions in the past 80 years”, World Trade Organization chief Ngozi Okonjo-Iweala warned as the WTO ministerial conference opened today. “The world order and the multilateral system we use to know has irrevocably changed,” she said, adding: “We cannot deny the scale of the problems confronting the…

Dollar banknotes (Courtesy: Reuters photo) For years, the spotlight has been on billionaires. But a much larger and increasingly influential group sits just below that level. Across the United States, the number of households worth tens or even hundreds of millions of dollars has surged. These are people who may not be globally famous, but…

Alternative investments are on the rise. A study by the Journal of Financial Planning found that adoption of alternative investments grew over 98% from 2024 to 2025. Similarly, The Motley Fool reports that ultra high net worth investors now typically allocate 20% of their assets to this category. As a complementary investment option to be used alongside traditional equity and fixed income allocations, alternative investments…

When one of the world’s greatest investors puts nearly $45 billion into a single stock, people pay attention. Warren Buffett‘s Berkshire Hathawayowns 151.6 million shares of American Express,  a 22.1% stake that makes it the third-largest holding in the entire Berkshire portfolio at 14.7%. Only Apple at 18.5% is a larger bet. Valued at a…

On Dec. 31, Wall Street’s premier buy-and-hold investor, Warren Buffett, hung up his work coat for the final time. Berkshire Hathaway‘s (BRKA 0.46%)(BRKB 0.63%) billionaire boss stepped down as CEO — a title he’d held for more than half a century — and passed the baton to Greg Abel. During the Oracle of Omaha’s tenure,…

It is almost a year since Liberation Day, when US President Donald Trump stood in the Rose Garden and declared “reciprocal tariffs” against more than 50 countries. ADVERTISEMENT ADVERTISEMENT Looking back, the tariff war did not kill global trade. That is the counterintuitive conclusion of McKinsey Global Institute’s “Geopolitics and the Geometry of Global Trade”…

WASHINGTON (AP) — The highly resilient U.S. economy was already showing signs of strain even before the launch of the Iran war, data released Friday showed, underscoring the risks that rising gasoline and energy prices may pose. The economy barely grew in the final three months of last year, the Commerce Department said, as it…

Escalating geopolitical tensions in the Middle East and elevated oil prices continue to weigh on global stock markets. Investors aiming to invest in stocks for the long term, despite the ongoing volatility, can consider the recommendations of top Wall Street analysts. These experts assess macroeconomic factors and sector and company-specific drivers before assigning their ratings.…

The World Trade Organization’s 166 members appeared deeply divided as ministers gathered in the Cameroonian capital for a key conference starting Thursday, amid global economic turmoil linked to the Middle East war. Over four days, WTO members will try to revitalise an institution weakened by geopolitical tensions, stalled negotiations, and rising protectionism — against the…

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