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Economy

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Economy

Powered by oil boom, Nigerian economy expands at its fastest pace in five years

Real GDP grew 4.43% in the three months through June, accelerating from 3.89% in the Q1, according to the Nigeria's…

Economy

Geopolitical blues: Selling Dubai to the people who already live there

The UAE insists its tourism economy is on the mend amid the Iran war, but its incentive schemes, and its…

Economy

US debt tops USD 40 trillion, Trump again calls for lower interest rates

In a headache for the White House, the debt, that was below USD 20 trillion in 2016, has more than…

Economy

Weak consumer demand, slumping investment drag on China’s economic growth

Retail sales rose just 0.6% year on year in July, slowing from 1% in June and missing the 1.5% increase…

Trade

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Trade

US-Canada trade war: Trump’s tariff threat now targets automobile imports

While American auto production is heavily reliant on Canadian-made parts and vehicles, higher tariffs could raise car costs in the…

Trade

USMCA hangs in balance as US-Mexico talks take centre stage after Canada breakdown

The breakdown in negotiations between the Washington and Ottawa has cast a shadow on the future of the trilateral agreement,…

Trade

Amid US tariff pressure, Switzerland updates FTA with China

Swiss president Guy Parmelin and China's Commerce Minister Wang Wentao announced the conclusion of the talks after a meeting in…

Trade

We have a deal, says Trump as he pauses 50% tariffs on Canadian goods

As per the Washington, the deal will include comprehensive market access for American goods, economic security commitments and digital trade…

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