The world economy is in for a rough patch. The World Bank has warned that growth is set to slow down significantly. This is mainly due to the ongoing trade disputes sparked by the U. S. government. The situation is so tense that it might lead to the slowest economic growth since the 1960s. The World Bank's report highlights that while a full-blown recession isn't...
The European Union and Canada are not happy with a recent move by the United States. The U. S. has decided to double the tariffs on steel imports from 25% to 50%. This decision is causing a lot of uncertainty in the global economy. It also means higher costs for both consumers and businesses on both sides of the Atlantic. The U. S. made this announcement at a rally ...
The world watched as top US officials wrapped up two days of intense trade talks with China. The outcome? A big step forward, according to the US team. They claimed to have made significant headway in negotiations, hinting at a potential deal that could shake up the global economy. The talks took place in Geneva, Switzerland, with Treasury Secretary Scott Bessent le...
The world economy is still standing after a week of intense trade tensions. President Donald Trump's extreme tariff threats were toned down, but significant duties remain. There is a 10 percent tax on almost all U. S. imports, a 25 percent tax on steel, aluminum, and cars, and a whopping 145 percent tax on goods from China. Trump's team is trying to present this as a...
The global economy is feeling the heat from recent trade policies. At the center of it all is a leader who is not backing down from his aggressive stance on tariffs. This move has sparked a lot of debate and uncertainty, both at home and abroad. The leader in question is pushing ahead with plans to impose new tariffs. He is confident that this will force other count...
The global economy is currently in a state of upheaval, largely due to the trade disputes initiated by the US. The president has been using tariffs, which are essentially taxes on imported goods, as a tool to address what he perceives as unfair trading practices by other countries. The primary goal is to boost US manufacturing by making foreign products more expensiv...
The COVID-19 outbreak shook the world in 2020. It affected everything from the economy to education and even sports. The virus, SARS-CoV-2, showed how unprepared we were for such a widespread health crisis. It is crucial to learn from this experience and improve our public health strategies. It is not just humans who can be affected by this virus. Dogs in Ibadan, Oy...
Imagine this: A judge steps in and blocks access to crucial financial data. This isn't just a minor hiccup; it's a big deal that could shake up the entire global economy. The standoff involves President Trump's administration and a group of 19 states leaning towards the Democratic party. These states are worried about the potential misuse of sensitive information and...
Trump has a new plan to shake up global trade. He wants to hit back at countries that charge high tariffs on American goods. This means countries like Brazil, India, Japan, Canada, and the EU could face extra taxes on their exports to the US. Trump's idea is to make tariffs fair by matching what other countries charge the US. This could lead to big changes in how cou...
There was a surprise in the air. A special person, a diplomat, went a long way to show their might. U. S. President got a call from colleagues in Washington who did not like the grand plan. One person, a director of a well known newspaper in New York, was quick to criticize the idea of a 25 percent tariff on goods that come from Mexican and Canadian countries. A...