India has sharply criticised the United States Senate’s passage of legislation that could allow President Donald Trump to impose tariffs of up to 100% on countries buying large quantities of Russian oil
Central Asia is rapidly becoming a focal point in the global competition for critical resources, as the United States, European Union, Russia, and China intensify their efforts to secure access to the
More
The illicit oil trade in Libya, fueled by heavily subsidized fuels being smuggled abroad, is sustaining the country’s rival political factions. The practice has created a steady revenue stream for armed groups,
More
Central banks around the world have been steadily increasing their gold reserves, with 2024 marking the third consecutive year that global gold purchases surpassed the 1,000 metric tons (MT) threshold. According to
More
Tesla has issued a recall for more than 46,000 Cybertrucks in the United States over a critical safety issue, marking another setback for the highly anticipated electric pickup truck. The company announced
More
Costco is exerting pressure on its suppliers in mainland China to lower prices in response to escalating US tariffs, a move that adds to the growing risks of scrutiny from Beijing amid
More
Chinese pharmaceutical company Akeso is being celebrated for its groundbreaking success in the global biotech arena, drawing comparisons to the momentous rise of Chinese AI startup DeepSeek. Akeso’s innovative cancer immunotherapy drug,
More
What began as a grassroots protest movement against Elon Musk and his influence over American politics has escalated into a wave of violent attacks targeting Tesla showrooms, charging stations, and even individual
More
Global trade entered 2025 on stable footing, but mounting challenges could disrupt future growth. According to the latest Global Trade Update from UN Trade and Development (UNCTAD), shifting trade strategies, protectionism, and
More
U.S. President Donald Trump has threatened to impose a 200% retaliatory tariff on alcohol imports from the European Union unless the bloc removes its tariff on American whiskey. The announcement, made on
More
Global oil prices tumbled to their lowest levels in three years as concerns over weakening U.S. demand and increased crude supply weighed on the market. Brent crude fell below $70 per barrel
More
U.S. President Donald Trump has intensified his assault on the international trade system by imposing steep tariffs on major economic partners. On March 3, Trump announced a 25% tariff on imports from
More
Taiwan Semiconductor Manufacturing Company (TSMC) has announced a massive $100 billion investment in the United States, marking a strategic move to strengthen its foothold in the American semiconductor industry and avoid potential
More
Singapore has charged three men—two Singaporeans and one Chinese national—with fraud over suspected breaches of US export controls on Nvidia semiconductor sales, the government announced Monday. The case involves servers containing Nvidia
More
Rising interest rates and uncertainty over immigration policies are further dampening the US housing market, as homeowners delay renovations and home sales. Shares of Jeld-Wen Holdings, a major seller of doors and
More
U.S. Treasury Secretary Scott Bessent has called on Canada to follow Mexico’s lead in imposing matching tariffs on Chinese imports, suggesting that such a move could help create a unified trade barrier
More