Monday, August 25, 2025
Economy
Trump says deal with Xi ‘extremely hard’ as steel tariffs double
Washington (AFP) - Donald Trump said Wednesday it was "extremely hard" to reach a deal with China, but EU and...
High-cost loans, Trump turmoil hurting Africa, says G20 panel chief
Johannesburg (AFP) - Critically needed economic growth in Africa is being held back by high borrowing costs imposed by international...
US doubles steel, aluminum tariffs as OECD ministers gather
Washington (AFP) - The United States doubled steel and aluminum tariffs Wednesday, casting a pall on a gathering of OECD...
Eurozone inflation slows sharply in May
Brussels (Belgium) (AFP) - Inflation in the eurozone eased in May to its lowest level in eight months, back below...
Trump, Xi will ‘likely’ talk this week: White House
Washington (AFP) - US President Donald Trump and China's President Xi Jinping will likely hold a long-awaited call later this...
Lebanon on bumpy road to public transport revival
Beirut (Lebanon) (AFP) - On Beirut's chaotic, car-choked streets, Lebanese student Fatima Fakih rides a shiny purple bus to university,...
Swiss glacier collapse could cost huge sums: insurers
Zurich (AFP) - The dramatic collapse of Switzerland's Birch glacier, which wiped out a village, is an unprecedented disaster likely...
EU hits food delivery company Delivery Hero with 329 mn-euro-fine
Brussels (Belgium) (AFP) - The EU on Monday slapped German food delivery company Delivery Hero and its Spanish subsidiary Glovo...
China ‘firmly rejects’ US claim that it violated tariff deal
Beijing (AFP) - China said Monday it "firmly rejects" US claims that it had violated a sweeping tariffs deal, as...
Airlines less optimistic for 2025, facing ‘headwinds’: IATA
New Delhi (AFP) - Airlines on Monday revised down their traffic and profit forecasts for 2025, citing "headwinds" for the...
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.