Economy

April 28, 2025

Madrid (AFP) - Power went out across all of Spain and Portugal on Monday, cutting cellphone and internet networks, halting...

China says on ‘right side of history’ in trade standoff with US

April 28, 2025

Beijing (AFP) - A top Chinese economic official on Monday said Beijing was on the "right side of history" in...

Trump tariff promises get a reality check

April 27, 2025

Washington (AFP) - A gathering of global economic leaders in Washington wraps up Saturday with tariff talks between the United...

IMF chief hails ‘constructive’ Spring Meetings held under tariff uncertainty

April 27, 2025

Washington (AFP) - The head of the International Monetary Fund said Friday that financial leaders meeting in Washington this week...

Trump trade war pushes firms to consider stockpiling

April 27, 2025

Paris (AFP) - Stockpiling is the reflex response by firms to the imposition of tariffs, but with the rapidly-changing position...

Turkey’s opposition says Erdogan’s canal plan behind latest arrests

by Andrew Murphy

April 26, 2025

Istanbul (AFP) - Prosecutors in Turkey announced dozens more arrests Saturday as part of an ongoing corruption probe, denounced by...

IMF chief hails ‘constructive’ Spring Meetings held under tariff uncertainty

Washington (AFP) - The head of the International Monetary Fund said Friday that financial leaders meeting in Washington this week...

EU, US should de-escalate and negotiate trade deal: IMF Europe director

Washington (AFP) - The United States and European Union need to "de-escalate" and "negotiate a deal" to help boost lackluster...

Trump claims China’s Xi called him on tariffs

Washington (AFP) - US President Donald Trump has insisted Chinese leader Xi Jinping called him despite Beijing denials of any contact...

Russia holds key rate at two-decade high despite slowdown fears