Wednesday, August 20, 2025
Economy
US Fed pauses rate cuts again, flags higher inflation risk
Washington (AFP) - The US Federal Reserve on Wednesday announced another rate cut pause and warned of higher risks to...
Distillery layoffs send shudders across remote Scottish island
Isle of Harris (AFP) - When Scotland's windswept Isle of Harris welcomed its first commercial distillery a decade ago, it...
US, Chinese officials to hold trade talks in Switzerland
Washington (AFP) - Senior US and Chinese officials will travel to Switzerland later this week to kickstart stalled trade talks...
No rate cuts expected from US Fed facing ‘unfavorable’ conditions
Washington (AFP) - The US Federal Reserve faces a tough choice Wednesday as it contends with President Donald Trump's tariff...
South Africa launches reform of derelict municipalities
Pretoria (AFP) - South African President Cyril Ramaphosa unveiled Wednesday a plan to revive South Africa's flagging local governments, weeks...
Sheinbaum says Mexico will defend free trade deal with US, Canada
Mexico City (AFP) - Mexico will fight to keep its free trade agreement with the United States and Canada in...
EU eyes targeting 100 bn euros of US goods with tariffs
Brussels (Belgium) (AFP) - The EU is preparing to hit US goods worth nearly 100 billion euros ($113 billion) with...
Danish firm Orsted halts huge UK offshore wind farm project
Copenhagen (AFP) - Danish renewables firm Orsted said Wednesday it was shelving plans to build a massive wind farm off...
China eases monetary policy to boost ailing economy
Beijing (AFP) - China on Wednesday eased key monetary policy tools in a bid to boost its ailing economy as...
US, Chinese officials to hold trade talks in Switzerland
Washington (AFP) - Senior US and Chinese officials will travel to Switzerland later this week to kickstart stalled trade talks...
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