Sawt Falasteen - Economy

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Featured

As sports embrace gender tests, Coventry and IOC may follow

As the gender furore that engulfed boxing at the 2024 Paris Olympics rumbles on, the International Olympic Committee (IOC) is weighing reintroducing testing, while several sports have already embraced testing for male chromosomes.

Europe powers urge Iran to keep up diplomacy despite Israeli strikes

European powers on Friday urged Iran to revive diplomatic efforts with the United States to find a solution in the standoff over its nuclear programme, but Tehran warned it could only consider diplomacy once Israel halted its bombardment of the Islamic republic.

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Taiwan earmarks $2.7 bn to help industries hit by US tariffs

Taiwan has earmarked $2.7 billion to help industries affected by US President Donald Trump's new tariffs, the government said Friday.

Trump unveils first $5 million 'gold card' visa

US President Donald Trump unveiled the first "gold card", a residency permit sold for $5 million each, aboard Air Force One on Thursday.

BP chairman to step down after energy strategy reset

BP on Friday said chairman Helge Lund will step down after a major reset at the British energy giant that saw it recently shelve carbon-reduction targets to focus on fossil fuel output.

Pacific nations perplexed, worried by Trump tariffs

Pacific island nations hit hardest by US President Donald Trump's trade tariffs are querying the "unfair" impost, and they are fearful of the impact.

Japan PM says Trump tariffs a 'national crisis'

US President Donald Trump's tariffs on Japanese goods are a "national crisis", Prime Minister Shigeru Ishiba said Friday ahead of cross-party talks on mitigating the impact.

EU leaders push for influence at Central Asia summit

Top EU leaders were in Uzbekistan on Friday for a major summit with the heads of five Central Asian states, seeking to press their influence and boost ties in the face of Russian and Chinese competition.

Asian stocks extend global rout after Trump's shock tariff blitz

Equities extended losses in Asia on Friday, extending a global rout inflicted by Donald Trump's tariff blitz that has inflamed a trade war and ramped up recession and inflation fears.

Where Trump's tariffs could hurt Americans' wallets

As global financial markets plunge in the wake of US President Donald Trump's "Liberation Day" tariffs, Americans must also grapple with the potentially long-lasting impact of the move on household budgets.

Trump tariffs on Mexico: the good, the bad, the unknown

At first glance, Mexico got off lightly from Donald Trump's "Liberation Day" tariffs blitz.

With tariff war, Trump also reshapes how US treats allies

Japan and Taiwan promised billions in investment. Britain offered an invitation from the king. In the end, even US allies failed to dissuade President Donald Trump from hitting them with tariffs, which threaten to remake not just the global economy but the foundations of US foreign policy.

Penguin memes take flight after Trump tariffs remote island

Donald Trump's tariffs have become a black and white issue on social media, where penguin memes have gone viral after he targeted an island inhabited by the flightless birds, but no people.

'Everyone worried' by Trump tariffs in France's champagne region

With the United States the largest export market for champagne, producers of France's leading sparkling wine had little to celebrate on Thursday about facing an additional 20 percent tariff, although they held out hope for negotiations.

UK avoids worst US tariffs post-Brexit, but no celebrations

More than four years after the UK's withdrawal from the European Union became effective, Britain has escaped harsher US tariffs, facing only half of the 20 percent imposed on its EU neighbours.

Canada imposing 25% tariff on some US auto imports

Canada said it would impose a 25 percent tariff on some autos imported from the United States, retaliating against President Donald Trump's levies that came into affect on Thursday.

Lesotho, Africa's 'kingdom in the sky' jolted by Trump

US President Donald Trump in March ridiculed Lesotho as a place "nobody has ever heard of" and then this week hit the tiny African kingdom with the highest of his reciprocal trade tariffs for any single nation.

$Trump's trade math baffles economists$

Trump's trade math baffles economists

Trade economists were scratching their heads on Thursday at the formula used by the White House to measure trade imbalances and inflict punishment on all its global trading partners.

Macron calls for suspension of investment in US until tariffs clarified

French President Emmanuel Macron on Thursday called for a suspension of investment in the United States until Donald Trump's "brutal and unfounded" new tariffs against Europe and the rest of the world were clarified.

Trump tariffs hammer global stocks, dollar and oil

Stock markets and the dollar tumbled Thursday after President Donald Trump's latest worldwide tariff salvo fanned a trade war that many fear will spark recession and ramp up inflation.

Mexico president welcomes being left off Trump's new tariffs list

President Claudia Sheinbaum of Mexico, the United States' top trading partner, on Thursday welcomed her country's exclusion from the list of nations targeted in Donald Trump's latest round of import tariffs.

Lesotho hardest hit as new US tariffs rattle Africa

The small African kingdom of Lesotho feared the worst for its textile industry Thursday after US President Donald Trump imposed 50-percent tariffs on its imports, the highest for a single nation.

Stellantis pausing some Canada, Mexico production over Trump auto tariffs

Auto giant Stellantis said Thursday it was pausing production at some plants in Canada and Mexico, the first disruptions to hit the sector since US President Donald Trump's tariffs on foreign-made vehicles came into force.

Is the Switch 2 worth the price? Reviews are mixed

Gaming specialists who have handled Nintendo's new Switch 2 say the console is a clear upgrade on its predecessor, but it lacks must-have new features and the progress comes at a steep price.

Countries eye trade talks as Trump tariff blitz roils markets

Major US trade partners pilloried US President Donald Trump's global tariffs onslaught on Thursday, but left the door open to negotiations as markets tanked over fears his trade war would damage the world economy.

AI could impact 40 percent of jobs worldwide: UN

The global artificial intelligence market is projected to reach $4.8 trillion -- roughly the size of Germany's economy -- by 2033, the UN said Thursday, warning nearly half of jobs worldwide could be affected.

US trade partners eye talks after Trump tariff blitz

Major US trade partners pilloried US President Donald Trump's global tariffs onslaught on Thursday, but left the door open to negotiations as markets tumbled over fears his trade war would damage the world economy.

Dollar, stocks sink as gold hits high on Trump tariffs

The dollar and equity markets tumbled Thursday after President Donald Trump's latest tariffs salvo against countries worldwide, fanning a trade war that many fear will spark recession and ramp up inflation.

Trump tariff blitz sparks retaliation threats, economic fears

Countries vowed Thursday to hit back at US President Donald Trump's global tariffs onslaught but left the door open to negotiations, as markets tumbled over fears his trade war would damage the world economy.

Nintendo Switch 2 sparks excitement despite high price

Nintendo fans excited over the upcoming Switch console said Thursday they were disappointed by the high price tag, as US tariffs bite.

China vows 'countermeasures' to sweeping new US tariffs

China on Thursday said it "firmly opposes" sweeping new US tariffs on its exports, vowing "countermeasures" to protect its rights and interests.

Trump jolts allies, foes and markets with tariff blitz

Countries vowed on Thursday to hit back at US President Donald Trump's global tariffs onslaught, but left the door open to negotiations as markets tumbled over fears his trade war would damage the world economy.

How Trump's 'liberation day' tariffs will impact China

US President Donald Trump has slapped punishing new tariffs on imports of Chinese goods, deepening a trade war between the world's two largest economies.

Europe hits out at Trump tariffs, keeps door open for talks

European leaders hit out Thursday against sweeping new US tariffs, with the EU saying it was ready to respond with countermeasures while opening the door for last-ditch negotiations.

Sawt Falasteen - Economy (English)