US tariffs

9 months ago

China Affirms Policy Shifts and Plans to Boost Growth Amid US Tariff Threats

China affirmed its recent policy shifts and emphasized plans to boost growth during a high-level economic planning meeting that concluded on Thursday. Led by President Xi Jinping, the meeting called for proactive

oil-rises-despite-surprise-opec+-output-hike

Economy

2 months ago

Oil Rises Despite Surprise OPEC+ Output Hike

Brent holds above $68 as market absorbs supply boost Oil prices edged higher on Monday even after OPEC+ announced a larger-than-expected supply increase for August, signaling confidence that the market can accommodate

Donald-Trump’s-Second-Term-Disruption-or-Strategy

Politics

10 months ago

Donald Trump’s Second Term: Disruption or Strategy?

As President-elect Donald Trump prepares for his second term, his renewed threats of trade wars and sweeping policy shifts are already sending shockwaves globally. His recent proposals to impose massive tariffs on

UAE and GCC Growth Outlook Strengthens for 2025

Economic growth in the UAE and wider GCC region is forecast to remain strong in 2025, supported by higher oil production, expanding non-oil sectors, and sustained global trade activity. The latest quarterly

3 months ago

Economy

China Moves to Stabilize Yuan Amid Tariff Pressure

PBOC Cracks Down on Dollar Buys to Support Yuan China’s central bank is taking steps to prevent a sharp yuan decline as pressure mounts from new U.S. tariffs. Sources say the People’s

5 months ago

Economy

Goldman Sachs Warns of Higher Recession Risk

Tariffs, inflation, and confidence shocks drive economic forecast shift The US economy faces heightened recession risks as escalating tariffs under President Donald Trump’s administration threaten to stunt growth, rekindle inflation, and lift

6 months ago

Economy

Volkswagen and Stellantis Avoid Tariffs While BMW Faces Levies

Automakers Volkswagen and Stellantis have confirmed that their North American-made vehicles will be exempt from U.S. President Donald Trump’s newly imposed 25% tariffs. Meanwhile, BMW has stated that it will face levies,

6 months ago

Business

Japan’s Exports Hit Record as Trade Deficit Shrinks 44%

What Happened Japan recorded its highest-ever exports in 2024, while its annual trade deficit shrank 44% from the previous year, according to the Finance Ministry. Key Trade Figures Trade Trends Trump Tariff

8 months ago

Economy

German Ifo Index Declines Again, Stoking Winter Recession Fears

Germany’s leading economic indicator, the Ifo Business Climate Index, has taken another sharp dip, raising concerns of an impending winter recession. After showing a brief rebound in October, the index fell to

10 months ago

Economy