Overseas Headlines – November 10, 2025

November 10, 2025

United States:

US Ports Facing ‘Goods Recession’ Amid Holiday Lull, Tariff Woes

 

US import volumes are projected to slow through the year-end holidays and into 2026, as tariff uncertainty weighs on cargo owners and the outlook for consumer spending remains clouded, new data show.

 

According to Descartes Systems Group’s latest Global Shipping Report, the volume of US container imports slipped 0.1% last month compared with September, marking only the second October in the past decade to show a month-over-month decline and “a clear sign of importer caution.”

 

https://www.bloomberg.com/news/articles/2025-11-10/us-ports-facing-goods-recession-amid-holiday-lull-tariff-woes?srnd=phx-economics-v2

 

 

Europe:

Germany, Spain Commit $100 Million to Climate Adaptation Program

 

The Climate Investment Funds, a $13 billion multilateral vehicle that sits inside the World Bank, has raised $100 million in funding from Germany and Spain for a new program designed to help poor countries withstand the fallout from climate change.

 

The contributions were announced on Monday at an event held during the United Nations COP30 climate summit in the Amazonian city of Belem in Brazil where adaptation is high on the agenda.

 

https://www.bloomberg.com/news/articles/2025-11-10/germany-spain-commit-100-million-to-climate-adaptation-program

 

 

 

Asia:

Japan’s Takaichi Eyes Stimulus Package to Jump-Start Growth Plan

 

Japanese Prime Minister Sanae Takaichi aims to use her first stimulus package to jump-start the economy and initiate a new growth strategy through investment in key industries.

 

A panel tasked to form a new economic strategy for the nation by next summer recommended that the prime minister use the package to kick off efforts to build robust growth through “crisis management investment and growth investment,” according to documents released following its first meeting.

 

https://www.bloomberg.com/news/articles/2025-11-10/japan-s-takaichi-eyes-stimulus-package-to-jump-start-growth-plan?srnd=phx-fixed-income

 

 

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