U.S. tariffs to slow Czech economic growth by 0.6-0.7 pp in 2025: ministry
The Czech Ministry of Finance said on Thursday that new U.S. tariffs are expected to reduce the country's economic growth by 0.6 to 0.7 percentage points this year.
Crude futures settle lower
The West Texas Intermediate for May delivery dropped 4.76 U.S. dollars, or 6.64 percent, to settle at 66.95 dollars a barrel on the New York Mercantile Exchange. Brent crude for June delivery lost ...
South Korea's impeached President Yoon faces court ruling to decide his fate
South Korea's Constitutional Court will rule on Friday whether to remove or reinstate impeached President Yoon Suk Yeol over ...
U.S. dollar ticks down
The U.S. dollar bought 146.43 Japanese yen, lower than 149.93 Japanese yen of the previous session. The U.S. dollar fell to 0.8611 Swiss francs from 0.8824 Swiss francs, and it lost to 1.4084 Canadian ...
Hungary set for economic leap with launch of Chinese megaprojects: FM
Hungary is poised for a major economic leap in 2025, driven by the start of production at multiple Chinese industrial megaprojects across the country, Hungarian Minister of Foreign Affairs and Trade ...
Bosnia's defense industry faces heavy burdens from U.S. tariff hikes
The United States has imposed sweeping tariffs on imports worldwide, with Bosnia and Herzegovina(BiH) facing tariffs of up to 36 percent on all exports to the US, a move expected to impact the country ...
Italy scrambles to respond as U.S. tariffs threaten economy
Italian Prime Minister Giorgia Meloni convened an emergency meeting of ministers on Thursday as the country's already slowing economy braces for the fallout from the United States' sweeping new ...
Chinese association opposes U.S. move to cancel duty-free treatment for low-value packages
The China Express Association, on behalf of China's postal and express delivery enterprises, expressed firm opposition to the U.S. move to cancel duty-free treatment for low-value packages from China.
1st LD: WTO chief says deeply concerned in response to U.S. tariff announcement
Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, expressed deep concern on Thursday over the decline in global trade and the potential for an escalating tariff war, sparked ...
EU's strongest weapon against U.S. tariffs still "on the table": senior official
The European Union (EU) will respond with "legal, legitimate, proportionate, and decisive measures" to Donald Trump's trade tariffs, but its strongest weapon is still "on the table," the chairman of ...
Roundup: South African experts urge market diversification amid U.S. "unilateral trade tariffs"
Economic and trade experts on Thursday warned of the widespread impact of the 30 percent tariffs imposed on South African exports by the Trump administration, cautioning that multiple economic sectors ...
Lightning claims 3 lives in south India
At least three persons, including two women, died and a few others were injured by lightning and thunderstorms in India's southern state of Telangana on Thursday, confirmed a state government official ...