In a recent high-stakes address in Washington, Maros Sefcovic, the European Commissioner for Trade and Economic Security, delivered a stern warning to U.S. policymakers amid escalating trade tensions. Speaking at the American Enterprise Institute on February 19, 2025, Sefcovic declared that the European Union (EU) would respond “firmly and swiftly” to protect its interests if […]

In a landmark move to enhance its global presence and responsiveness, the World Bank has announced a major restructuring initiative that will see its regional management teams relocated from Washington, D.C., to various hubs across the world. The move is part of a broader strategy to improve efficiency, facilitate quicker decision-making, and bring senior leadership […]

The AlUla Conference for Emerging Market Economies, held in AlUla, Saudi Arabia, on February 16-17, 2025, brought together prominent policymakers, financial experts, and global economic leaders to discuss pressing economic challenges and strategies for resilience. The event, organized by the Saudi Ministry of Finance and the International Monetary Fund’s (IMF) Regional Office in Riyadh, served […]

In a significant diplomatic and economic milestone, India and the United States have set a target to increase bilateral trade to $500 billion by 2030, more than doubling the current trade volume. This announcement came during Indian Prime Minister Narendra Modi’s visit to Washington, D.C., where he met with U.S. President Donald Trump at the […]

In a significant development for international trade relations, India and the United States have agreed to initiate discussions aimed at resolving longstanding trade and tariff disputes. This decision emerged from a high-profile meeting between U.S. President Donald Trump and Indian Prime Minister Narendra Modi at the White House on February 13, 2025. The leaders expressed […]

Indonesia is making a bold call for the formation of a new economic bloc, aiming to safeguard regional stability and promote economic resilience amid escalating global tensions. This proposition was put forward by Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto at the World Government Summit 2025, held in Dubai, UAE, on February 12, 2025. […]

The global cryptocurrency market witnessed heightened volatility and a significant downturn following a series of major macroeconomic announcements, including new tariffs proposed by the U.S. President Donald Trump, a landmark Bitcoin tax exemption bill in the Czech Republic, and increasing demand for gold-backed cryptocurrencies amid bullish gold price forecasts by major banks. Market Reaction to […]

In a significant policy shift that has sent shockwaves across global markets, President Donald Trump has announced plans to impose new tariffs on aluminum imports. The proposed measures, which include a 25% tariff on imports from Mexico and most Canadian goods, along with a 10% tariff on Chinese goods, are set to take effect on […]

The Bank for International Settlements (BIS), the global umbrella organization for central banks, has issued a stark warning about the risks posed by U.S. President Donald Trump’s economic policies. In a speech delivered in Mexico City, BIS General Manager Agustin Carstens outlined the growing concerns surrounding trade tensions, deregulation, and loose fiscal policies, all of […]

In a significant monetary policy shift, the Reserve Bank of India (RBI) has cut its key repo rate for the first time in nearly five years, aiming to stimulate economic growth amid slowing expansion and a moderating inflationary environment. The Monetary Policy Committee (MPC), which consists of three RBI officials and three external members, decided […]