U.S. President Donald Trump has once again escalated his trade war rhetoric, this time setting his sights on the European Union (EU). After imposing tariffs on China and threatening increased levies on Canada and Mexico, Trump has now declared that punitive tariffs on the 27-member bloc are “definitely happening” and will be implemented “pretty soon.” […]

In the interconnected global economy, trade between major economic players can be a source of tension, especially when tariffs and trade disputes threaten the status quo. Recent developments in U.S. trade relations with its neighbors, Canada and Mexico, along with the ongoing complexities of its trade relationship with China, highlight the delicate balance that underpins […]

In a dramatic escalation of trade tensions, China has retaliated against the United States’ latest tariff measures, imposing its own set of levies on American goods. This move intensifies the long-standing economic rivalry between the world’s two largest economies and raises concerns over the stability of global markets. U.S. Tariffs Take Effect At precisely 12:01 […]

India’s economic growth is anticipated to range between 6.3% and 6.8% in the upcoming fiscal year starting April 1, 2025, as detailed in the annual Economic Survey presented to Parliament by Finance Minister Nirmala Sitharaman. This projection follows an expected growth rate of 6.4% for the current fiscal year, marking the slowest expansion in four […]

India’s economy is projected to grow between 6.3% and 6.8% in the 2025-26 financial year, according to early government estimates ahead of the annual budget announcement. This forecast suggests a slowdown compared to previous years, as economic activity faces multiple headwinds, including subdued domestic demand, slower corporate investments, and a weaker manufacturing sector. The economy […]

The U.S. Federal Reserve held interest rates steady during its latest meeting, signaling a cautious approach to monetary policy despite some promising signs in the economy. Fed Chair Jerome Powell’s comments after the decision made it clear that the central bank sees no immediate need to lower rates further. Instead, officials plan to remain patient […]

Introduction The Georgian Economy Minister, Levan Davitashvili, on Tuesday, January 28, 2025, highlighted the significance of a newly signed $6 billion investment agreement between Georgia and a real estate group from the United Arab Emirates (UAE). The deal, finalized during a visit by Georgian Prime Minister Irakli Kobakhidze to Abu Dhabi on Monday, underscores Georgia’s […]

In a landmark move aimed at strengthening bilateral relations, Italy and Saudi Arabia have signed strategic partnership agreements worth approximately $10 billion. The announcement was made following a meeting between Italian Prime Minister Giorgia Meloni and Saudi Arabian Crown Prince Mohammed bin Salman Al Saud in the historic city of AlUla, Saudi Arabia, on January […]

The Bank of Japan (BOJ) made a historic move on Friday by raising its short-term interest rates to 0.5%, the highest level since the 2008 global financial crisis. This marks the second rate hike in under a year and reflects the central bank’s confidence that rising wages and steady inflation will sustain Japan’s economic recovery. […]

In his first week back in the White House, U.S. President Donald Trump reignited his aggressive trade agenda by targeting the European Union (EU) and China with fresh tariff threats. Trump’s latest remarks underscore his long-standing belief that tariffs are a key tool to address trade imbalances, curb illicit drug trafficking, and strengthen U.S. economic […]