Thursday, August 6, 2026
Economy
Trump’s auto tariffs spark global outcry as price hikes loom
Washington (AFP) - World powers on Thursday blasted US President Donald Trump's steep tariffs on imported vehicles and parts, urging...
Sudan’s booming wartime gold trade flows through the UAE
Port Sudan (Sudan) (AFP) - Sudan's gold industry has become the lifeblood of its war, with nearly all of the...
Crisis-hit German rail operator reports another massive loss
Frankfurt (Germany) (AFP) - German rail operator Deutsche Bahn reported another massive annual loss Thursday as it battles a "serious...
Tariff-hit British Steel confirms plan to shut blast furnaces
London (AFP) - Chinese-owned British Steel confirmed Thursday plans to shut blast furnaces and other operations in England, saying US...
Global outcry as Trump heaps tariffs on foreign autos and parts
Washington (AFP) - World powers on Thursday blasted US President Donald Trump's steep tariffs on imported vehicles and parts, vowing...
Lesotho fears Trump shake-up could tear threadbare economy
Maseru (Lesotho) (AFP) - In a sweltering factory in Lesotho, rows of workers hunch over thrumming sewing machines churning out...
Japan warns of ‘significant impact’ from US tariffs
Tokyo (AFP) - Japan's government warned Thursday of a "significant impact" on its economic ties with the United States and...
Chile rocked by clashes over fishing quotas
Valparaíso (Chile) (AFP) - Chilean police fired tear gas and water cannon Wednesday as they battled with hundreds of fishermen...
Trump announces 25% tariffs on foreign-built vehicles
Washington (AFP) - US President Donald Trump has announced steep tariffs on auto imports and parts, provoking threats of retaliation...
Trump tariffs could push up inflation: senior Fed official
Washington (AFP) - US President Donald Trump's tariff plans could increase inflation by as much as 1. 2 percentage points...
We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.