Former President Donald Trump announced that the US and India are deep in negotiations, despite the looming threat of a 25% US tariff. These pivotal talks aim to resolve trade disputes and boost the economic partnership between the two countries
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The U.S. has dramatically increased tariffs on Canadian goods from 25% to 35%, highlighting urgent concerns over fentanyl trafficking, Reuters reports. This bold step marks a significant escalation in trade tensions between the two neighboring countries
Spain’s Cox is targeting Iberdrola’s Mexican assets and other strategic opportunities to supercharge growth, the CEO reveals. The energy powerhouse is on a mission to expand its footprint across Latin America, leveraging key acquisitions to strengthen its market leadership
Brazil is in advanced talks with private equity giants TPG and Brookfield to secure over $4 billion in climate finance, aiming to boost sustainable projects and green investments, Reuters reports
Trump’s tariffs on imported goods have given Canadian and Mexican chocolate makers a delicious advantage over their US competitors, Reuters reports, as soaring costs leave American producers struggling to keep up in the global market
Exclusive: In a surprising show of unity, US Democrats and Republicans are teaming up to draft bipartisan bills designed to intensify pressure on China. This move is energized by Trump’s renewed push for tougher trade measures, Reuters reports. It marks a rare moment of consensus in Washington’s often divided approach to China policy
UK public sector productivity is beginning to rebound, but it has yet to climb back to pre-pandemic levels, Reuters reports. This slow but steady recovery highlights the ongoing struggle within the sector, as it navigates rising demand amid strict budget constraints
The IMF has raised India’s growth forecast for 2024 to an impressive 6.4%, spotlighting strong domestic demand and a resilient economy, Reuters reports. This upbeat revision points to a more promising future despite persistent global challenges
Exclusive: Nvidia is making waves with a colossal order of 300,000 H20 AI chips from TSMC, driven by skyrocketing demand in China, sources told Reuters. This bold move underscores Nvidia’s determined effort to solidify its presence in the fast-growing Chinese market
Japan is finally shedding its long-standing resistance to price hikes as inflation rises, signaling a powerful shift in both consumer and corporate mindsets. This change marks an exciting new era for Japan’s economy, long defined by the grip of deflation
Trump-era tariffs are sending shockwaves through Brazil’s citrus industry, causing export delays and squeezing growers financially. These trade barriers have crushed demand and pushed costs higher, threatening the very foundation of the region’s agriculture
The U.S. Department of Homeland Security has announced exciting new initiatives to help Argentina rejoin the Visa Waiver Program, paving the way for easier travel and strengthening the bond between the two countries, Reuters reports
Germany’s Finance Minister Friedrich Merz voiced doubts about a quick breakthrough in EU-US trade negotiations and warned that without stronger transatlantic trade relations, the German economy could encounter significant hurdles, Reuters reports
Australia’s Viva Energy shares plunged 11% after an unexpected slump in convenience store sales. This sharp decline has raised concerns about the company’s near-term profitability amid shifting consumer behaviors, Reuters reports
Brazil is gearing up to respond to the recent US tariff hike with a smart, credit-driven strategy, Finance Minister Paulo Guedes announced. This bold initiative aims to shield the economy amid rising trade tensions. President Lula is expected to receive a detailed presentation of the plan very soon
The UK has voiced enthusiastic support for the establishment of a future Palestinian state, emphasizing that it should arise from a comprehensive peace agreement with Israel. This stance underscores fresh momentum in efforts to revive Middle East peace talks, Reuters reports
Australia and Britain have launched a groundbreaking 50-year alliance through the AUKUS pact, joining forces to create and deploy state-of-the-art submarines that will enhance regional security and deepen defense cooperation, Reuters reports
French President Emmanuel Macron has unveiled bold plans to recognize a Palestinian state, igniting fierce criticism from Israeli Prime Minister Benjamin Netanyahu, Reuters reports
The Tour de France has dramatically shortened Stage 19 following a sudden outbreak of cattle disease, forcing an urgent change to the route. Organizers quickly revamped the course to protect livestock and ensure the riders’ safety, Reuters reports
Exclusive: The CEO of Russia-backed Indian refiner Nayara has stepped down amid escalating EU sanctions, sources tell Reuters. This move underscores the rising geopolitical tensions that are dramatically transforming the global energy landscape