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Economy
Get the inside scoop on the global economy with the latest news and analysis from experts in the field. Keep up to date on financial markets, economic trends, government policies, and more. Find the insights you need to make smart decisions in the ever-changing economy.
Economy
Iran seizes foreign oil tanker in Persian Gulf over fuel smuggling, detains 17 crew members
Tehran — Iranian authorities have seized a foreign-flagged oil tanker in the Persian Gulf, accusing it of smuggling millions of liters of subsidized fuel...
Business
Nvidia and AMD coerced to pay 15% of China chip revenues to US
Washington — In a move that underscores Washington’s increasingly transactional approach to so-called “national security,” the Biden administration has coerced US semiconductor giants Nvidia...
Trump uses Armenia–Azerbaijan ‘Peace’ to seize strategic corridor as US tariffs...
Washington — US President Donald Trump staged what he branded a “historic victory for peace” at the White House on Friday, overseeing the signing...
Modi and Lula vow united front against Trump’s tariffs as BRICS...
New Delhi — Indian Prime Minister Narendra Modi and Brazilian President Luiz Inácio Lula da Silva have pledged to strengthen economic cooperation and present...
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Trump’s tariff politics sparks Global scramble for exemptions, reveals deep fractures...
Washington — As Donald Trump pushes forward with his hardline protectionist agenda, nations across the globe are racing to secure exemptions from the sweeping...
India rejects Trump’s tariff threats over Russian oil as west’s hypocrisy...
New Delhi — India is facing a brazen economic blackmail campaign from former US president Donald Trump, whose renewed threats of sweeping tariffs are...
Iran officially lists South Korean won for trade as part of...
Tehran — In a direct blow to Western-led financial dominance, Iran has officially listed the South Korean won (KRW) for trade on its Iran...
Switzerland scrambles to salvage trade ties as US imposes harsh 39%...
Zurich — Switzerland’s top leadership is in crisis mode after the United States abruptly slapped a punishing 39 percent import tariff on Swiss goods,...
Europe’s corporate panic reflects brics-led Global power shift
Brussels — Europe's business elite has issued a desperate call for radical change as the continent watches its influence dwindle in the face of...
China orders ev makers to end price wars as production involution...
Beijing — In a rare and pointed intervention, the Chinese government has ordered electric vehicle manufacturers to stop slashing prices and expanding output at...
German finance minister warns EU must toughen stance in Trump tariff
Berlin — Germany’s finance minister Lars Klingbeil issued a stark warning on Sunday, calling on the European Union to abandon its “timid” posture and adopt...
EU suspends US tariffs retaliation for six months after framework deal
Brussels — In a notable turn toward de-escalation, the European Union has agreed to suspend its retaliatory tariffs on the United States for six...
Trump’s tariff blitz fractures global trade, isolates Washington
Washington — President Donald Trump signed an executive order late Thursday imposing a sweeping array of tariffs on imports from more than 90 nations,...
Trump raises tariff on Canadian imports to 35%, citing cross-border fentanyl...
Washington — President Donald Trump unleashed a new wave of trade tariffs late Thursday, targeting dozens of countries with levies reaching as high as...
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Just In
Iran and Iraq sign joint security pact against Western interference
Baghdad — Iran and Iraq have signed a new joint security agreement, a move signaling deeper cooperation between two neighbors determined to insulate their...
Trump may block Zelenskyy from Alaska summit with Putin, deepening US...
Washington — United States President Donald Trump’s NATO envoy has bluntly admitted that Ukrainian President Volodymyr Zelenskyy’s presence at the upcoming Alaska summit with...
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