
It's Not Just Trump Vs Harvard as Global Universities Turn Inward
I'm Malcolm Scott, international economics editor in Sydney. Today, Swati Pandey looks at the international student market. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren't yet signed up to receive this newsletter, you can do so here.
Even before Trump began his calls for a cut to foreign student numbers at universities including Harvard and threatened funding for non-compliant schools, other major education destinations had already begun turning inward.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
39 minutes ago
- Yahoo
Two Supertankers U-Turn in Strait of Hormuz After US Strikes
(Bloomberg) -- Two supertankers, each capable of hauling about 2 million barrels of crude, U-turned in the Strait of Hormuz after US airstrikes on Iran raised the risk of a response that would ensnare commercial shipping in the region. Bezos Wedding Draws Protests, Soul-Searching Over Tourism in Venice One Architect's Quest to Save Mumbai's Heritage From Disappearing NYC Congestion Toll Cuts Manhattan Gridlock by 25%, RPA Reports The Coswisdom Lake and South Loyalty both entered the waterway and abruptly changed course on Sunday, according to vessel tracking data compiled by Bloomberg. The two empty freighters then sailed south, away from the mouth of the Persian Gulf. Ships' electronics and signals have increasingly been jammed in the Persian Gulf since Israeli airstrikes on June 13, but the two vessels' arrivals — and subsequent turnarounds — have the hallmarks of normal tanker movements. Even with jamming and vessels attempting to sail further from the Iranian coast, oil and gas tankers have been moving through the strait after the US strikes. The turning oil carriers offer the first signs of re-routing. Vessel owners and traders are closely watching for signs that the escalation in the Middle East will affect movements and flows. Earlier on Sunday, Greece's shipping ministry issued a notification advising its ships to reassess movements through Hormuz and to instead shelter in safe ports until the situation calms. It's possible vessels may prefer to station themselves outside the waterway if they expect a wait upon arrival at their loading port, given the higher tensions. Benchmark tanker earnings were already up close to 90% before the weekend's attacks. Freight derivatives appeared to surge on Sunday night. (Adds detail in paragraph four.) Luxury Counterfeiters Keep Outsmarting the Makers of $10,000 Handbags Is Mark Cuban the Loudmouth Billionaire that Democrats Need for 2028? Ken Griffin on Trump, Harvard and Why Novice Investors Won't Beat the Pros The US Has More Copper Than China But No Way to Refine All of It Can 'MAMUWT' Be to Musk What 'TACO' Is to Trump? ©2025 Bloomberg L.P.
Yahoo
40 minutes ago
- Yahoo
New Zealand's 'golden visa' scheme lures US investors
SYDNEY (Reuters) -New Zealand said on Monday there has been a rush in applications for its new foreign investor migrant visa as the centre-right government looks to lure more high net-worth individuals to the country to stimulate economic growth. The government in April relaxed rules for the visa, including lowering the minimum required funds for the category that focuses on higher-risk investments to NZ$5 million ($3 million) from NZ$15 million, and removing the English language requirement. "(There has been) a flood of formal interest in the new 'golden' visa," Immigration Minister Erica Stanford said. "New applications under the scheme represent a potential NZ$845 million ($503 million) of new investment in New Zealand business." In a statement, Stanford said the government had received 189 applications in less than three months for the Active Investor Plus visa, compared with 116 submissions over more than two-and-a-half years under the previous settings. Eighty-five of those applications, or just under half of the total, were submitted by U.S. citizens, followed by China with 26 and Hong Kong with 24. New Zealand's economy grew faster-than-expected in the first quarter, official data showed last week, providing some relief for policymakers keen to put the economy back on a solid footing after it sank into technical recession last year. The two-quarter GDP decline was the worst since the sharp downturn of 1991, excluding the pandemic. ($1 = 1.6810 New Zealand dollars) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Bloomberg
2 hours ago
- Bloomberg
AGSI's Silliman Outlook on MidEast Conflict
The Asia Trade Douglas Silliman, former US Ambassador to Iraq & Kuwait and President & CEO of Arab Gulf States Institute, discusses the latest developments in the conflict between US, Iran and Israel and his outlook on how it will play out. He speaks with Haidi Stroud Watts and Avril Hong on "Bloomberg: The Asia Trade." (Source: Bloomberg)