Economy
Lesotho’s textile industry faces collapse as U.S. imposes 50% tariffs, threatening 40,000 jobs
Lesotho's textile industry, a cornerstone of its economy, is facing an unprecedented crisis following the United States' imposition of a 50% tariff on...
Goldman Sachs Finances $270 Million Affordable Housing Project
Goldman Sachs has committed $270 million to finance a significant affordable housing project in Brooklyn's East New York neighborhood. This initiative, announced by...
South Korea to Develop Roadmap Aiming for Developed Market Status by Year-End
South Korea is actively pursuing a roadmap to achieve developed market status by the end of 2025, aiming to attract greater foreign investment...
South Korea, EU Seek US Trade Deals to Mitigate Tariff Impact
In July 2025, the European Union (EU) and South Korea intensified efforts to negotiate trade agreements with the United States, aiming to mitigate...
Kazakhstan’s crude oil production in 2025 surged by 7.5%
Kazakhstan's crude oil production experienced a significant surge, increasing by 7.5% from May to reach 1.88 million barrels per day (bpd). This output...
U.S. President Donald Trump imposes 35% tariff on Canadian imports, escalating trade tensions and impacting global markets
President Donald Trump has escalated trade tensions by announcing a 35% tariff on all Canadian imports, effective August 1, 2025. This move intensifies...
Massive Early Prime Day and 4th of July Sales Live: Over 90 Top Deals Across Electronics, Apparel, and More
As the summer shopping season heats up, consumers are presented with a plethora of early Prime Day and 4th of July sales, offering...
Canada has reversed its digital services tax on U.S. tech firms, leading to the resumption of trade talks
Canada has rescinded its planned Digital Services Tax (DST), a move aimed at advancing stalled trade negotiations with the United States. The tax,...
India’s Economic Growth Forecast Revised Down Amid Global Uncertainties
India's economic growth forecast for the fiscal year 2025-26 has been revised downward by several international organizations, citing global uncertainties and domestic challenges....
U.S. Retail Sales Increase, Indicating Continued Consumer Confidence
The U.S. retail sector has demonstrated notable resilience, with consumer spending continuing to drive economic growth despite various challenges. In March 2025, retail...
