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ECONOMIC CONSEQUENCES OF TRADE RESTRICTIONS
Trade fragmentation could hit poor economies much harder than rich ones, WTO warnsGlobal trade fragmentation will severely impact the world's poorest economies. Least-developed countries could see GDP fall significantly b...- A 'Prisoner’s Dilemma' is driving the trade war & the costs could be hugeThe WTO’s World Trade Report 2026 says global trade is caught in a “Prisoner’s Dilemma”: countries have an incentive to protect their own m...
- India’s strategic autonomy faces a trade test as WTO warns non-aligned economies could pay a price for fragmentationIndia's foreign economic policy aims for broad trade ties. The WTO warns of rising costs in a fragmented global trade system. India's numer...
- $3 trillion gain or a 10% GDP loss? WTO sounds a trade alarmThe WTO’s World Trade Report 2026 says strengthening the global trading system could lift global GDP by 2.9%, or about $3 trillion, by 2050...
- Bond market turmoil puts Fed Rate decision under spotlightA global bond market selloff has put the Federal Reserve’s rate decision under the spotlight, with investors weighing the risks of another ...
- Making a dollar detour: Why BRICS isn’t breaking up with the dollarThe latest BRICS declaration emphasizes interoperable payment systems and local currency settlement. It explicitly avoids proposing a commo...
- India, China agree to 'properly address' economic, trade concerns in balanced wayChina has expressed a genuine desire to work with India to address trade-related issues, with both sides seeking to balance their economic ...
- Iranian President Pezeshkian says unilateral sanctions directly impacting global food security, people's welfareIranian President Masoud Pezeshkian urged BRICS nations to expand trade using national currencies. He advocated for an inclusive global eco...
- India, Canada begin next round of talks on proposed trade pact: OfficialIndia and Canada have begun the fourth round of negotiations for a proposed Comprehensive Economic Partnership Agreement (CEPA), with both ...
- BRICS formed to end US sanctions, break totalitarianism: Iranian President PezeshkianIn an exclusive interview with India Today on the sidelines of the 18th BRICS Summit in New Delhi, Pezeshkian emphasised that BRICS aims to...
- BRICS urges IMF, World Bank reforms, condemns unilateral tariffs, secondary sanctionsBRICS leaders adopted the New Delhi Declaration, expressing serious concerns over unilateral trade measures. They called for the eliminatio...
- BRICS must adopt transparent trade and investment practices to counter global market volatility, says Jaishankar at Business ForumExternal affairs minister S Jaishankar urged BRICS to adopt transparent trade practices. He highlighted geopolitical upheavals and supply c...
- NSEL settlement scheme: Sebi settles proceedings against 91 commodity brokersSebi has concluded its proceedings against ninety-one commodity brokers linked to the NSEL issue, allowing these firms to participate in a ...
- Putin pitches NDB investment platform to deepen BRICS trade, technology tiesRussian President Vladimir Putin proposed an NDB-based investment platform to fund trade, infrastructure, logistics and technology projects...
- BRICS Summit in New Delhi: The grand finale is India's moment to navigate a bigger, and more divided blocIndia hosts the BRICS summit, aiming to unify the expanded group. The enlarged bloc now includes major energy producers and consumers, fost...
- Shipping nations warn global trade is fracturing — and everyone paysThe Strait of Hormuz, which Iran effectively shuttered after the US and Israel launched strikes against it in February, is a stark example ...
- US sanctions all remaining Iranian airlines in 'economic D-Day' push, says Tehran's aviation sector is out of the marketThe United States has sanctioned all remaining Iranian airlines and supporting companies. These actions target thirty-six entities for aidi...
- "Strait of Hormuz is effectively blocked": Foreign expert Robinder Sachdev on US-Iran "tit-for-tat" phaseThe Strait of Hormuz faces sporadic tit-for-tat strikes between the United States and Iran. American forces struck Iranian targets after Ir...
- Iran's Hormuz leverage wanes as US economic squeeze bitesWashington's economic offensive targets Iran after recent conflict and threats. New sanctions and naval blockades are severely impacting Ir...
- Iran slams US strikes on IRGC Oil Tankers in West Asia, calls it 'war crime'Iran strongly condemned US strikes on Iranian commercial vessels in the Persian Gulf and Sea of Oman, calling them a violation of the UN Ch...
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