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TARIFF WARS
US Supreme Court to rule on Trump bid to limit birthright citizenshipThe U.S. Supreme Court is set to decide on President Trump's executive order aiming to restrict birthright citizenship for children of immi...- Ferrari and BMW join Tesla, China in switch from copper to cheaper aluminiumLuxury carmakers Ferrari and BMW are embracing aluminium wiring, following Tesla and Chinese EV manufacturers. This significant industry sh...
- Sri Lanka reduces fuel prices after Middle East ceasefireSri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices...
- Maersk boosts outlook on stronger-than-expected container demandGlobal shipping giant Maersk expects the container market to remain strong throughout 2024, with container volumes now projected to grow by...
- 'US-India relationship at lowest point in 30 years,' says Democrat Congressman Ro KhannaDemocrat Congressman Ro Khanna asserted the US-India relationship is at a 30-year low, blaming President Trump's unilateral foreign policy,...
- Trump's tariffs aren't saving jobs at Whirlpool's Iowa refrigerator plantWhirlpool's drastic decision to cut over half its Iowa plant's workforce throws a wrench in President Trump's tariff strategy designed to b...
- US Supreme Court nears the end of its term with momentous cases about Trump's power to be decidedThe Supreme Court is concluding a term dominated by President Trump's assertions of executive authority. Key decisions this week involve bi...
- Sovereign investors with $29 trillion pivot to energy assets, flag dollar fearsGlobal financial giants managing $29 trillion are pivoting towards energy assets and infrastructure, seeking portfolio resilience amidst es...
- India hands over Rs 2.5 billion cheque to Bhutan as 5th tranche towards Economic Stimulus ProgrammeIndia has disbursed the fifth tranche of Rs 250 crore for Bhutan's Economic Stimulus Programme, bringing the total released to Rs 1,250 cro...
- US inflation tops 4% for first time in three years, keeping Fed hike in playUS inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve's interest rate hike plans on the table fo...
- US inflation tops 4% for first time in three years, boosts Fed hike betsUS inflation surged past 4.0% in May, driven by Middle East conflict-fueled energy prices, marking the highest increase in three years. Thi...
- US manufacturing soars on front-loading of orders; factory employment tanks to six-year lowUS manufacturing activity surged in June as businesses stocked up anticipating shortages and price hikes, driven by Middle East conflict im...
- How Brexit broke British politicsA decade after the UK voted to leave the EU, the nation grapples with fractured politics and a sluggish economy. Brexit's promises of contr...
- Keir Starmer went from election landslide to downfall after his supporters deserted himKeir Starmer's tenure as Britain's Prime Minister has ended less than two years after his election, marked by missteps and party infighting...
- Parliament panel to review India's economy amid global turmoil and growth concernsA key parliamentary committee will scrutinise India's evolving economic landscape in 2025-26, amid global conflicts and trade uncertainties...
- US fertilizer imports from Hormuz-affected ports fell to zero in May, data showThis disruption, stemming from the Iran conflict, has caused fertilizer prices to soar, intensifying strains on American farmers and raisin...
- Markets ride the 'Trump Put' as TACO trade gains groundUnder Donald Trump's administration, the financial landscape has been anything but stable. Traders have learned to navigate through his tar...
- Hollywood to Bollywood no more: US makes a move in India's backyardThe United States has renamed its Indo-Pacific Command back to Pacific Command. This change signals a strategic shift away from broad allia...
- After taking Iran deal to G7 summit, Trump eyes ending Ukraine warTrump's arrival at the G7 summit in Evian-les-Bains comes as global leaders grow increasingly wary of the United States. While many of th...
- Iran truce may revive India's textile exports, industry saysIndia's textile exports are set for a significant boost following the end of the Iran war. Manufacturers anticipate lower raw material cost...
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