Saturday, July 19, 2025
Economy
US commerce secretary pick favors sweeping tariffs, hawkish China stance
Washington (AFP) - Donald Trump's commerce secretary nominee said Wednesday that he favors "across-the-board" tariffs targeting countries rather than products,...
German industry sounds alarm as government cuts growth forecast
Berlin (AFP) - The German government on Wednesday slashed its growth forecasts for 2025 as industry leaders sent dire warnings...
Spanish economy shines in 2024 with 3.2% growth
Madrid (AFP) - The Spanish economy expanded 3. 2 percent last year thanks to buoyant exports and consumption that have...
Taiwan could help industry after Trump warns of chip tariffs
Taipei (AFP) - Taiwan will consider supporting its domestic industry, the government said Wednesday, after US President Donald Trump warned...
Facing Bolivia’s economic crunch with toy houses, fake banknotes
La Paz (AFP) - For a month every year, thousands of Bolivians throng the stalls of an unusual market in...
Spain jobless rate falls to lowest level since 2008 crisis
Madrid (AFP) - Spanish unemployment fell last year to its lowest level since the 2008 global financial crisis as the...
Lawmakers set to confirm Scott Bessent for US Treasury chief
Washington (AFP) - The US Senate is widely expected to confirm billionaire hedge fund manager Scott Bessent for Treasury secretary...
Chinese property giant Vanke warns of huge loss, CEO resigns
Beijing (AFP) - Indebted Chinese property giant Vanke warned Monday of a major loss last year amid a continuing market...
Trump’s Canada, Mexico tariff threat aimed at gaining leverage in trade talks: experts
Washington (AFP) - President Donald Trump's threats to impose punishing tariffs on Canada and Mexico may be part of a...
Bank of Japan hikes interest rate to 17-year high, boosts yen
Tokyo (AFP) - The Bank of Japan increased interest rates on Friday to their highest in 17 years and signalled...
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