Mexico is the leading supplier of vegetables and fruit into United States

Trump’s Tariff Gamble: America Braces for Economic Shockwaves

President Donald Trump is poised to impose sweeping tariffs on America's three largest trading partners: Mexico, Canada, and China. This move signals a far more aggressive approach than any taken during his first term and could profoundly impact the economy,...
Unemployment In Germany

Unemployment in Germany Hits 10-Year High Amid Economic Challenges

Germany is grappling with a concerning rise in unemployment as figures from the Federal Employment Agency revealed that nearly three million people were jobless in January, marking the highest January total since 2015. The unemployment rate rose to 6.4%, up...
Japanese Yen

Japan Maintains Cautious Economic Outlook Amid Global Uncertainties

On Thursday, the Japanese government reiterated its cautious outlook for the nation’s economy, citing uncertainties in global markets driven by the policies of U.S. President Donald Trump. While the economy continues to recover moderately, bolstered by steady wage gains and...
US-Canada

Trump’s Tariff Threats on Canada Intensify: A Brewing Economic and Political Standoff

The specter of sweeping tariffs on Canadian imports looms large as former U.S. President Donald Trump, now returned to the White House, sharpens his focus on America's northern neighbor. Since his return to office in January, Trump has made Canada...
Sri Lanka Central Bank

Sri Lanka Eyes Stronger Economic Recovery Following Impressive GDP Growth in 2024

Sri Lanka's economy is poised for a significant rebound in 2025, building on the momentum of an impressive 5 percent real GDP growth in 2024, the highest in seven years. This growth marks a critical turning point as the island...
China manufacturing

China’s Factory Activity Expected to Grow Modestly in November Amid Stimulus Push

China's factory activity likely expanded modestly for a second consecutive month in November, suggesting that the government’s recent stimulus measures are beginning to take effect. The anticipated uptick offers a glimmer of hope for producers in the world’s second-largest economy,...
Virgin-Qatar Airways alliance

Virgin Australia and Qatar Airways Granted Interim Approval for Alliance: New Opportunities in Australian Aviation

Australia’s aviation landscape is poised for a significant transformation as the Australian Competition and Consumer Commission (ACCC) announced on Friday that it has granted Virgin Australia and Qatar Airways interim approval to operate an integrated alliance. This decision allows the two airlines to...
International Monetary Fund (IMF)

IMF Warns of Tariff Risks to Asia’s Growth Prospects Amid Rising Trade Tensions

The International Monetary Fund (IMF) has sounded a cautionary note about the growing risk of escalating tariffs in undermining Asia’s economic prospects. Speaking at a forum on systemic risk in Cebu, IMF Asia-Pacific Director Krishna Srinivasan highlighted the potential impact...
China Economic

China’s Economic Growth Slows Despite Policy Support, as Retail Sales Surpass Expectations

China’s economic landscape in October presented a mixed picture, underscoring the world’s second-largest economy's persistent struggle to gain momentum despite the government’s recent wave of support measures. Industrial output growth decelerated slightly while retail sales growth, buoyed by shopping festivals...
Chinese Society

China’s Economic Crisis Fuels Surge in Violent Crimes and Social Tensions

A tragic massacre in Zhuhai on Monday, where a man drove a car into a crowd at a sports complex, resulting in 35 deaths and 43 injuries, has drawn national and international scrutiny on China’s rising social tensions and violent...
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