India Offers Major Tariff Reduction to Secure Trade Deal with Trump
India has offered to sharply reduce its tariff gap with the United States, aiming to bring the average difference down...
May 9, 2025Section
World-News
BRICS Leaders Clash Over U.S. Tariffs and Security Council Bids in Rio
(Analysis) Foreign ministers from the BRICS group-Brazil Russia India China South Africa and new members Saudi Arabia. Analysis from The...
May 8, 2025
U.S. Oil Inventories Fall Beyond Expectations, Tightening Supplies
The US Energy Information Administration reported crude stocks fell by 2.03 million barrels in the week ending May 2. Analysis...
May 7, 2025
India’s Deepest Air Strike into Pakistan Since 1971 Stirs Market Jitters
According to official statements, India launched Operation Sindoor before dawn Wednesday, striking nine sites across Pakistan and Pakistan-administered...
May 7, 2025
U.S., China to Meet in Geneva Saturday to Begin Tariff Rollbacks
US officials said that Saturday’s Geneva meeting marks the first high-level US-China trade talks in months. Coverage and analysis from...
May 7, 2025
U.K. and India Seal Major Trade Pact, Redrawing Bilateral Commerce
On May 6, 2025, official government releases confirmed that the United Kingdom and India finalized a comprehensive free trade agreement...
May 7, 2025
Eurozone Services PMI Falls to Five-Month Low in April, Growth Fades
The latest business activity data from S&P Global and Hamburg Commercial Bank reveal that the eurozone economy slowed. Analysis from...
May 6, 2025
U.S. Trade Deficit Hits Record as Firms Rush Imports Before Tariffs Bite
The U.S. Census Bureau and the Bureau of Economic Analysis reported that the U.S. trade deficit soared to a record...
May 6, 2025
U.S. Services Industry Expands in April Amid Soaring Price Pressures
The Institute for Supply Management reported Monday that the US services sector expanded faster in April 2025. Coverage and analysis...
May 5, 2025