Tuesday, August 26, 2025
Economy
Trump ends trade talks with Canada over tax hitting US tech firms
Washington (AFP) - President Donald Trump said Friday he is calling off trade negotiations with Canada in retaliation for taxes...
UK govt climbs down on welfare cuts in latest U-turn
London (AFP) - The UK government backed down Friday on controversial plans to slash disability and sickness benefits after a...
US Fed’s preferred inflation gauge picks up as tariff effects loom
Washington (AFP) - The US Federal Reserve's preferred measure of inflation edged up in May while spending weakened, government data...
Spain makes Booking.com scrap 4,000 tourist rental ads
Madrid (AFP) - Online hotel booking giant Booking. com on Friday said it had taken down thousands of advertisements in...
US Treasury signals G7 deal excluding US firms from some taxes
Washington (AFP) - US Treasury Secretary Scott Bessent signaled Thursday that a deal is forthcoming among G7 nations allowing US...
China confirms trade deal framework reached with United States
Beijing (AFP) - China confirmed on Friday details on the framework of a trade deal with the United States, saying...
US Treasury signals G7 deal excluding US firms from some taxes
Washington (AFP) - US Treasury Secretary Scott Bessent signaled Thursday that a deal is forthcoming among G7 nations allowing US...
After NATO deal, how far will EU go for trade peace with Trump?
Brussels (Belgium) (AFP) - After satisfying Donald Trump's calls for Europe to ramp up defence spending in NATO, EU leaders...
Migrant money from Russia a lifeline for Central Asia
Batken (Kyrgyzstan) (AFP) - In a remote town in southern Kyrgyzstan, teacher Nur Akhmatov watched workers building a library, conference...
Global matcha ‘obsession’ drinks Japan tea farms dry
Los Angeles (United States) (AFP) - At a minimalist Los Angeles matcha bar, powdered Japanese tea is prepared with precision,...
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.