economic
US Threatens to Restrict Mexican Flights Over Aviation Policy Disputes
The U.S. Department of Transportation (DOT) has announced potential retaliatory measures against Mexico due to recent aviation policy changes that affect U.S. airlines....
House Approves Trump’s $9 Billion Cut to Public Broadcasting and Foreign Aid
The U.S. House of Representatives has approved President Donald Trump's proposal to cut $9 billion from public broadcasting and foreign aid programs. The...
Trump Imposes 19% Tariff on Indonesian Imports; EU Reas $84.1 Billion in Countermeasures
President Donald Trump has announced a new trade agreement with Indonesia, imposing a 19% tariff on Indonesian goods imported into the United States....
Malaysia’s Economy Grew 4.5% Year-on-year in Q2 2025, Driven by Strong Domestic Consumption and Steady Manufacturing
Malaysia's economy expanded by 4.5% year-on-year in the second quarter of 2025, maintaining the growth rate from the previous quarter. This performance was...
Libya’s National Oil Corporation (NOC) has initiated its first oil exploration tender since 2011
Libya's National Oil Corporation (NOC) has initiated its first oil exploration tender since 2008, aiming to attract international companies to boost production and...
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...
Laos and South Korea Sign Agreement to Expand Seasonal Worker Program
In July 2025, Laos and South Korea expanded their bilateral cooperation by agreeing to dispatch Lao workers to Incheon city under a seasonal...
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...
