Serrari Group

Trump Drives Trade War Fears with New Autos Tariffs: Global Markets Brace for Impact

In a move that has sent shockwaves through global markets and reignited simmering trade tensions, U.S. President Donald Trump announced a sweeping 25% tariff on imported vehicles, effective April 3, 2025. The measure, unveiled against a backdrop of escalating global economic uncertainty, has ignited fears of a broader trade war and is already prompting retaliatory […]

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Bank Indonesia Poised to Stabilise Rupiah Amid 27-Year Low: A Balancing Act of Fundamentals and Market Sentiment

In a statement that underscores Indonesia’s proactive monetary policy, Bank Indonesia (BI) has declared its readiness to intervene and stabilise the rupiah, which is flirting with its lowest levels in 27 years. Despite the currency’s recent slide—hitting levels last seen during the Asian Financial Crisis of 1998—domestic market sentiment remains upbeat, bolstered by robust fundamentals […]

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Euro Zone Economy Growth Accelerates to Seven-Month High in March, PMI Shows

The latest data from the euro zone is painting a cautiously optimistic picture for Europe’s economic landscape. According to a preliminary composite Purchasing Managers’ Index (PMI) compiled by S&P Global and reported by Reuters, business activity in the common currency bloc grew at its fastest pace in seven months in March. The composite PMI rose […]

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Global Debt Exceeds $100 Trillion as Rising Interest Costs Pose Mounting Challenges, OECD Warns

Outstanding government and corporate bonds have now surpassed the $100 trillion mark, according to the latest annual debt report from the Organisation for Economic Co-operation and Development (OECD). This dramatic milestone comes amid an environment of rising interest costs, complex geopolitical tensions, and mounting fiscal pressures. With central banks beginning to cut interest rates after […]

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GCC Economy Set to Grow by 4% in 2025 Amid Global Trade Uncertainty

In a striking display of resilience, the economies of the Gulf Cooperation Council (GCC) are forecast to grow by 4% in 2025 despite rising global protectionism and geopolitical tensions. This upbeat projection, detailed in the latest ICAEW Economic Insight report prepared by Oxford Economics, comes at a time when many regions are grappling with uncertain […]

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Global Trade Witnesses Record Expansion to $33 Trillion in 2024

Global trade reached an all-time high of $33 trillion in 2024—a record expansion of 3.7%, or an additional $1.2 trillion—according to the latest Global Trade Update by UN Trade and Development (UNCTAD). This unprecedented growth was largely driven by the services sector, which surged by 9% and contributed a whopping $700 billion—nearly 60% of the […]

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US-EU Tariff Clash Imperils $9.5 Trillion of Business, AmCham Warns

The transatlantic economic relationship—worth an astounding $9.5 trillion annually—is now at a critical juncture as escalating tariff measures threaten to upend decades of interlinked business and investment flows. In a dramatic turn of events, the American Chamber of Commerce to the European Union (AmCham EU) has warned that the recent imposition of tariffs on steel […]

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