Thursday, June 18, 2026
Economy
US Fed plans to cut workforce by 10% in next ‘couple of years’
Washington (AFP) - US Federal Reserve Chair Jerome Powell told staff on Friday that the bank plans to cut its...
Dua Lipa is the youngest person on UK’s under-40 rich list
London (AFP) - Pop star Dua Lipa, at 29 years old, is the youngest person featured on The Sunday Times'...
APEC says ‘concerned’ over challenges to global trade
Jeju (South Korea) (AFP) - The Asia-Pacific Economic Cooperation group said Friday that it was "concerned" over the challenges to...
APEC says ‘concerned’ over challanges to global trade
Jeju (South Korea) (AFP) - The Asia-Pacific Economic Cooperation group said Friday that it was "concerned" over the challenges to...
US set to lose $12.5 bn in foreign tourism in 2025: industry
Paris (AFP) - The United States is on track to lose some $12. 5 billion in revenue from foreign tourists...
US Fed chair warns of potential for ‘more persistent’ supply shocks
Washington (AFP) - Federal Reserve Chair Jerome Powell on Thursday warned of the possibility of "more persistent" supply shocks, as...
‘Paradigm shift’: Germany says to meet Trump’s NATO spending target
Berlin (AFP) - Germany's new government surprised NATO allies on Thursday by putting forward plans to boost defence spending, to...
China, US slash sweeping tariffs in trade war climbdown
Beijing (AFP) - The United States and China slashed sweeping tariffs on each others' goods for 90 days on Wednesday,...
Cuban cigarillo factory overwhelmed by burning demand overseas
Havana (AFP) - Cuba's sole producer of cigarillos cannot keep up with exploding demand abroad for the smaller, cheaper, machine-rolled...
Colombia joins Belt and Road initiative as China courts Latin America
Beijing (AFP) - Colombia formally agreed on Wednesday to join China's vast Belt and Road infrastructure initiative, as Beijing draws...
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