US Economy Adds 151,000 Jobs
In the United States, job growth stabilized last month, while the country’s unemployment rate increased.
Finance & Economics - page 8
China Sets Economic Growth Goal of About 5%
China has set an economic growth target of about 5% for 2025, raising expectations that officials in the Asian country will expand stimulus measures as the Asian country is now gradually entering a trade war with the United States.
Donald Trump Delays Tariffs on Mexico
President of the United States Donald Trump on Thursday, March 6, announced a nearly monthly tariff delay on goods imported from Mexico that are subject to the USMCA free trade treaty.
ECB Cuts Interest Rates Again
The European Central Bank on Thursday, March 6, decided to cut interest rates for the sixth time since June.
Stocks Drop Amid Trade-War Jitters
There is a downward tendency in stocks around the world, as concerns about the effects of a trade war on the economic situation have intensified, with an increase in flight to short-term bonds, gold, and safe haven currencies.
China Hits US Agriculture Amid Tariff Confrontation
On Tuesday, March 4, China demonstrated an instant proactive response to tariffs from the United States by deciding to raise levies on imports of US agricultural products and food worth $21 billion.
Claudia Sheinbaum to Announce Tariffs Countermeasures
Mexican President Claudia Sheinbaum said that on Sunday, March 9, she would announce tariffs and other measures in response to President of the United States Donald Trump’s decision to impose levies on Mexican goods.
Canada Puts Tariffs on $107 Billion of US Products
The Canadian government announced the sweeping of a broad package of counter-tariff measures against US goods after President of the United States Donald Trump said on Tuesday, March 4, that Washington would go ahead in the framework of imposing levies against Ottawa and Mexico City.
European Inflation Cools
Inflation in the eurozone has shown a decline, which has led to an argument for increased confidence that this indicator is approaching the European Central Bank’s target of 2%.
Xi Jinping Reportedly Prepares to Unveil China Stimulus Plan
The head of the People’s Republic of China, Xi Jinping, is gradually approaching one of the main political huddles of the current year against a favorable background based on the gradual improvement of the situation in the economic system of the Asian country.
US Goods Trade Deficit Demonstrates Growth
The United States trade deficit in goods showed a sharp increase in January, which is most likely the result of businesses increasing import volumes ahead of tariffs on corresponding shipments that potentially could form such a situation in which trade will become a drag on economic growth in the US in the first quarter of […]
Fed’s Favorite Core Inflation Measure Hits 2.6%
In January, inflation in the United States showed moderate easing amid increasing concerns about US President Donald Trump’s plans for tariffs on imported goods in the context of the impact of appropriate measures to tighten Washington’s trade policy on the situation in the country’s economic system.
Thoma Bravo Launches $1.8 Billion Fund
Thoma Bravo has closed a 1.8 billion euro ($1.89 billion) foundation dedicated to European software deals.
Canadian Banks Reportedly to Build Reserves to Cushion Tariff Uncertainty
Currently, analysts expect Canada’s six largest banks to build more credit loss provisions, as these financial institutions are nowadays bracing for uncertainty related to the tariff threat from the United States, which could impact earnings in the first quarter of 2025 and beyond.
Prosus Plans to Buy Just Eat Takeaway
Just Eat Takeaway.com, a European giant in the area of food delivery, is poised to be acquired by Prosus, a Dutch technology investor.
Highly Fragile Countries Depend on Remittances the Most
Recent data suggests a strong correlation between economic vulnerability and dependence on financial support from citizens living abroad received via remittances.
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