-
Kenya's economy faces climate change risks: World Bank
-
Oil slumps after hitting peak, US indices reach new records
-
Venezuela leader hikes minimum wage package by 26%
-
Apple earnings beat forecasts on iPhone 17 demand
-
Bangladesh signs biggest-ever plane deal for 14 Boeings
-
Musk grilled on AI profits at OpenAI trial
-
Venezuela opens arms to world with Miami-Caracas flight
-
US Congress votes to end record government shutdown
-
First direct US-Venezuela flight in years arrives in Caracas
-
Just telling nations to quit fossil fuels 'not realistic': COP31 chief
-
Trump hails 'greatest king' Charles as state visit wraps up
-
Drivers help study road-trip mystery: what became of bug splats?
-
Oil strikes 4-year peak, stocks rise
-
Iran's supreme leader defies US blockade as oil prices soar
-
White House against Anthropic expanding Mythos model access: report
-
Oil crisis fuels calls to speed up clean energy transition
-
European rocket blasts off with Amazon internet satellites
-
Nigerian airlines avert shutdown as Mideast war hikes fuel prices
-
ArcelorMittal boosts sales but profits squeezed
-
German growth beats forecast but energy shock looms
-
Air France-KLM trims 2026 outlook over Middle East war impact
-
Oil surges 7% to top $126 on Trump blockade warning
-
Volkswagen warns of more cost cuts as profits plunge
-
Rolls-Royce confident on profits despite Mideast war disruption
-
French economy records zero growth in first quarter
-
Carmaker Stellantis swings back into profit as sales climb
-
Trump warns Iran blockade could last months, sending oil prices soaring
-
Denmark's Soren Torpegaard Lund to 'stay true' at Eurovision
-
Mamdani calls on King Charles to return Koh-i-Noor diamond
-
Key points from the first global talks on phasing out fossil fuels
-
Cuban boy's sporting dreams on hold as surgery backlog grows
-
Bali drowning in trash after landfill closed
-
ECB set to hold rates despite Iran war energy shock
-
Samsung Electronics posts record quarterly profit on AI boom
-
OMP Ranked in Highest Two Across All Four Use Cases in the 2026 Gartner(R) Critical Capabilities for Supply Chain Planning Solutions: Process Industries
-
Meta chief Zuckerberg doubles down on AI spending
-
Google-parent Alphabet soars as Meta stumbles over AI costs
-
Brazil lowers benchmark rate to 14.5% in second consecutive cut
-
Google-parent Alphabet soars as rivals stumble over AI costs
-
Anti-Bezos campaign urges Met Gala boycott in New York
-
African oil producers defend need to drill at fossil fuel exit talks
-
'Gritty' Philadelphia pitches itself as low-cost US World Cup choice
-
'I literally was a fool': Musk grilled in OpenAI trial
-
OpenAI facing 'waves' of US lawsuits over Canada mass shooting
-
Ticket price hikes not affecting summer air travel demand: IATA
-
Uber adds hotel booking in push to become 'everything app'
-
Oil spikes while stocks slip ahead of US Fed rate decision
-
Canada holds key rate steady, says will act if war inflation persists
-
Trump warns Iran better 'get smart soon' and accept nuclear deal
-
US Fed chief's plans in focus as central bank set to hold rates steady
Trump’s Tariffs Spark Global Fear
Donald Trump’s announcement on 2 April of sweeping tariffs—10 per cent on all imports, 20 per cent on the European Union, and 34 per cent on China—has sent shockwaves through global markets, igniting fears of a new Great Recession. Described by Trump as an “economic liberation” during a White House address, the policy aims to slash the US trade deficit, which stood at $773 billion in 2024. Yet, the fallout has been immediate and severe: Wall Street plummeted 5.97 per cent on 4 April, losing $6 trillion in two days, its worst drop since the pandemic, while the FTSE 100 fell 2.5 per cent.
China retaliated with matching 34 per cent tariffs on US goods, and the EU, led by France and Germany, is poised to target American tech giants in response. The International Monetary Fund has warned of a “major risk” to global growth, with JP Morgan raising the odds of a US recession in 2025 to 60 per cent. Oil prices dropped 10 per cent in a week, and copper fell 6 per cent, reflecting widespread panic over a looming downturn. In the UK, the Treasury fears a £5 billion hit to exports to the US, a critical market. Trump remains defiant, insisting on Truth Social that “America will thrive,” but economists question whether his gamble will save the US or plunge the world into crisis.
Can Poland Rescue Europe?
Finance’s Role in Economic Ruin
Georgia Slips into Russia’s Grasp
Trump’s Ukraine Economic Colony Plan Stirs Debate
China Targets Dollar at US Critical Moment
EU Pledges €800 Billion for Defence to Deter Russia
Israel escalates War to crush Hamas
Trump, Putin and the question: What now?
Canada challenges Trump on Tariffs
Nuclear weapons for Poland against Russia?
Rebellion against Trump: "Ready for War?"