Economy
Global Reactions to Trump’s New Tariffs
In August 2025, President Donald Trump intensified his protectionist trade policies by imposing new tariffs on several major trading partners, including India, Brazil,...
Vietnam and South Korea to meet next week amid trade tensions
Vietnam and South Korea are set to hold high-level talks next week to address escalating trade tensions and reinforce their economic partnership. The...
Uzbekistan’s gold exports surge 55% in early 2025, reaching $6.49 billion
Uzbekistan's gold exports have experienced a remarkable surge in the first half of 2025, reaching $6.49 billion—a 54.8% increase compared to the same...
Trump’s New Tariffs Spark Global Trade Tensions and Market Volatility
President Donald Trump implemented a comprehensive new tariff regime, marking a significant shift in U.S. trade policy. The tariffs, effective from 12:01 a.m....
U.S. Implements Historic Import Tariffs, Affecting Over 60 Countries
United States implemented a series of unprecedented import tariffs, marking a significant escalation in global trade tensions. These tariffs, ranging from 10% to...
BTG Pactual Acquires HSBC’s Uruguay Operations for $175 Million
In a strategic move to expand its presence in Latin America, Brazilian investment bank BTG Pactual has agreed to acquire HSBC's operations in...
UAE’s non-oil sector growth slows to 52.9 in July amid geopolitical tensions
In July 2025, the United Arab Emirates (UAE) experienced a notable slowdown in its non-oil business sector, with the S&P Global Purchasing Managers'...
UK’s Low Pay Commission forecasts 4.1% rise in minimum wage to £12.71 by 2026
The UK's Low Pay Commission (LPC) has projected a 4.1% increase in the National Living Wage (NLW) to £12.71 per hour by April...
Thailand’s Finance Minister Announces New 19% Tariff Rate with U.S., Aiming to Boost Global Competitiveness and Attract Investor Confidence
Thailand's Finance Minister, Pichai Chunhavajira, announced a new 19% tariff rate on imports from the United States, effective August 7, 2025. This rate...
Swiss Government Expresses Shock Over U.S. Imposition of 39% Tariff on Imports
The Swiss government has expressed profound shock and disappointment following the United States' announcement of a 39% tariff on Swiss imports, effective August...
