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Thursday, November 13, 2025

Economy

Trump’s trade war draws swift retaliation with new tariffs from Mexico, Canada and China

WASHINGTON — President Donald Trump launched a trade war Tuesday against America’s three biggest trading partners, drawing immediate retaliation from Mexico, Canada and China and sending financial markets into a tailspin as the U.S. faced the...

China hits back at US imports as Trump’s fresh tariffs take effect

Beijing also places 25 US firms under export and investment restrictions on national security grounds China has accused the US of fentanyl blackmail and it has some...

Foreign workers help Spain’s economic growth outpace the US and the rest of Europe

GUISSONA, Spain — Inside a cavernous production plant in Spain, people from 62 nationalities work side by side to keep a food company humming as millions of legs of ham travel...

Morocco Launches Digital Trade Initiative

Casablanca – Morocco is taking significant steps toward modernizing its legal framework for trade. Official statements indicate the North African country is working on a new digitization project...

Ishiba makes good start in building ties with Trump, affirms alliance

WASHINGTON - Japanese Prime Minister Shigeru Ishiba got off to a good start in building a personal relationship with U.S. President Donald Trump as they held their first summit on Friday, reaffirming...

Anti-poverty group says billionaires’ wealth soared in 2024 as the elites prepare for another...

Oxfam International also predicts at least five trillionaires will crop up over the next decade OxFam’s research adds weight to a warning by...

Experts forecast moderate gas price growth in 2025, then a decline in 2026-2027

Finam analyst Sergey Kaufman forecasts a moderate increase in Europe's average gas price to $420 per 1,000 cubic meters MOSCOW, January 3 - Gas prices are expected to increase...

Russia’s Gazprom stops gas supplies to Europe via Ukraine as transit deal expires

The deal provided for the transit of 40 bln cubic meters of Russian gas through Ukraine annually MOSCOW, January 1 - Kiev’s refusal to extend a gas transit...

Egypt tests new extension of the Suez Canal

Two ships used the new extension on Saturday, a statement from the Suez Canal Authority said The new extension is set to boost the canal’s capacity by...

Makran coastal areas future of Iran sustainable development

TEHRAN - The Iranian President Masoud Pezeshkian has stressed the need for a drawing a roadmap for the development of the Makran region in southeast the country, noting that coastal region...