Trump announces 50% tariff on copper
President Donald Trump said he will announce a 50% tariff on copper on Tuesday, hoping to boost U.S. production of a metal critical to electric vehicles, military hardware, the power grid and…
IMF slashes global growth forecast amid Trump tariff turmoil
The International Monetary Fund says it expects global economic growth to be slower as it sharply downgraded its forecast for US growth as a result of Donald Trump's tariffs and the uncertainty…
Stock markets rattled by Trump’s attacks on US Federal Reserve
Wall Street closed in firmly negative territory on Monday, continuing a rout that's reaching historic dimensions. After Trump's disruptive tariff policies, it's now his attacks on the US Federal Reserve that are…
JD Vance in India for trade talks as Modi seeks to avoid US tariffs
The meeting between JD Vance and India's Narendra Modi comes as New Delhi is trying to avoid Trump's trade tariffs. Vance's office reported "significant progress" in the talks.…
Nigeria struggles with unreliable electricity
Schimmelpfennig's statement praised Tinubu's ending of fuel subsidies, highlighting improvements of the foreign exchange market and changes regarding Nigeria's fiscal debt.…
Gig economy: The plight of delivery workers
From food delivery and ride-hailing apps to handywork and domestic services, millions of people around the globe work within the so-called gig economy – a term applied to independent contractors or freelancers,…
Ghana bans foreigners from its gold trading market
Ghana has given foreign traders until May 1 to leave its gold trading market, clearing the way for a new, government-controlled entity that will monopolise the buying and selling of the metal.…
China appoints new trade negotiator amid tariff war with US
Emboldened by the latest economic data that showed China's economy grew faster than expected in the first quarter at 5.4 percent, Beijing continues to play hardball in its trade war with the…
China hits back at Trump tariffs with export restrictions on rare earths
China has restricted the export of rare earth minerals critical to the production of electric motors and high-tech components, a response to US President Donald Trump's 145 percent tariffs on Chinese goods.…
Viral TikTok’s from Chinese manufacturers falsely claim that luxury handbags are made in China
Amid the ongoing US-China tariff war, TikTok has become flooded with content from Chinese factories. In these viral videos, factory workers and business owners allege that many “high-end” luxury brands from around…
IMF, World Bank approve new bailouts for Argentina
President Javier Milei has imposed aggressive reforms and austerity measures in a bid to boost the once-wealthy nation's flagging economy. The IMF says the bailouts are a vote of confidence in the…