In a move that sent immediate ripples across international markets and diplomatic circles, U.S. President Donald Trump today escalated his “America First” trade agenda, slapping steep tariffs on exports from dozens of trading partners, including key allies and economic powerhouses like Canada, Brazil, India, and Taiwan. This aggressive push, coming just ahead of a self-imposed […]

The United States central bank, the Federal Reserve, announced on Wednesday that it would hold its benchmark interest rate steady, maintaining the federal funds rate within the 4.25%-4.50% range for the fifth consecutive meeting. This decision, while widely anticipated by many analysts, immediately dampened market expectations for a rate cut as early as September, a […]

The International Monetary Fund (IMF) today delivered a cautiously optimistic update to its global economic outlook, projecting revised growth rates of 3.0% for 2025 and 3.1% for 2026. This marks an upward revision from its previous forecasts in the April 2025 World Economic Outlook (WEO), signaling a more favorable, albeit still fragile, global economic environment. […]

The British retail sector continues to grapple with a protracted downturn, extending its period of declining sales into a tenth consecutive month in July. While the pace of the fall showed a slight moderation compared to June, the latest survey from the Confederation of British Industry (CBI) paints a clear picture of persistent weakness in […]

The global economic landscape is currently a complex tapestry woven with threads of cautious optimism, persistent inflationary pressures, and a reshaped trade order dictated by evolving geopolitical dynamics. A pivotal moment this week came from the European Central Bank (ECB), which for the first time in over a year, opted to hold its key interest […]

In an extraordinary display of presidential pressure on the nation’s independent central bank, U.S. President Donald Trump made a rare visit to the Federal Reserve headquarters on Thursday, engaging in a visibly tense exchange with Chair Jerome Powell. The encounter, unfolding amidst the backdrop of a multi-billion dollar renovation project at the Fed’s Washington D.C. […]

A new study by the influential German Economic Institute (IW) has ignited fresh concerns across Europe, alleging that China’s persistent currency undervaluation is placing immense pressure on European companies and deepening the Eurozone’s trade deficit with the Asian economic powerhouse. As European Union leaders converge in Beijing for a critical summit aimed at navigating escalating […]

U.S. President Donald Trump has announced a new 19% tariff rate on goods imported from the Philippines. This declaration followed what President Trump described as a “beautiful visit” by Philippine President Ferdinand Marcos Jr. to the White House. The announcement, shared via Trump’s Truth Social media platform, also stated that U.S. goods entering the Philippines […]

A new wave of European Union sanctions targeting Russian crude oil, slated to take full effect on January 21 next year, is casting a long shadow over India’s thriving fuel export industry. While initially offering a temporary reprieve, the latest EU package introduces a stringent definition of “Russian-origin fuels” that could significantly complicate operations for […]

The United Kingdom’s commitment to a sustainable future is yielding tangible results in its labor market. New data from the Office for National Statistics (ONS) reveals a remarkable surge in “green jobs,” with employment in sectors such as renewable energy, energy efficiency, and recycling increasing by a significant 34.6% in under a decade. In 2023, […]