Economy
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Vietnam slashes duties on range of imports to head off US tariffs
Apr 2, 2025Concerns are growing as US President Donald Trump prepares to announce broad tariffs on “all countries” after Vietnam said it had reduced import charges on a variety of goods, including automobiles, liquefied gas, and some agricultural... -
World economies brace for Trump tariffs deadline
Apr 2, 2025After the US president left it unclear who would be targeted but pledged to be “very kind” in fixing what he claims are unfair trade imbalances, US trading partners rushed Tuesday to get ready for the... -
IMF, Argentina in advanced talks over new loan program: official
Mar 27, 2025As President Javier Milei maintains his shock therapy approach to economic changes, an IMF official indicated Tuesday that Argentina and the Fund are in advanced discussions on a new loan agreement. “Discussions on a new Fund-supported... -
IMF agrees on new $1.3 bn loan program for Pakistan
Mar 26, 2025In addition to reviewing an existing bailout that, if granted, would unleash an additional $1 billion, the IMF announced Tuesday that it had achieved an agreement with Pakistan on a new $1.3 billion credit program. The... -
Japanese inflation eased in February
Mar 23, 2025Japanese inflation eased in February, government data showed Friday, with prices excluding fresh food rising 3.0 percent year-on-year in the world’s fourth-largest economy. The core Consumer Price Index (CPI) slowed from 3.2 percent in January, remaining... -
Gas reserves in Europe’s underground gas storage (UGS) facilities fell to around 34% for the first time in more than three years
Mar 21, 2025Gas reserves in Europe’s underground gas storage (UGS) facilities have fallen to around 34% for the first time in more than three years as they stand at less than 38 bln cubic meters (bcm), according to... -
Britain’s unemployment rate steadied at the start of the year
Mar 21, 2025Britain’s unemployment rate steadied at the start of the year, official data showed on Thursday, as the Bank of England prepares to freeze its main interest rate as inflationary pressures persist. The unemployment rate stood at... -
Swedish govt holds talks on countering rising food prices
Mar 20, 2025On Thursday, Swedish government representatives will meet with major players in the food business to talk about the Nordic nation’s skyrocketing food prices and growing customer ire. According to the nation’s official statistics agency, food prices... -
Argentina’s Milei wins Congress green light for new IMF loan
Mar 20, 2025In addition to the $44 billion Buenos Aires currently owes the IMF, President Javier Milei was authorized by Argentina’s Congress on Wednesday to negotiate a new loan arrangement. On March 11, Milei requested that parliament authorize... -
Asian markets mixed as geopolitics, trade wars deplete sentiment
Mar 19, 2025As geopolitical fears resurfaced and trade war worries cast a shadow, Asian markets were mixed as gold reached yet another record high on Wednesday. The sluggish start to the day came after tech-led losses on Wall...
