Economy
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IMF says U.S. tariffs, if sustained, will hit economies of Mexico, Canada
WASHINGTON, March 6 – If sustained, U.S. tariffs imposed on Mexico and Canada will have a significant adverse impact on those countries,…
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ECB Cuts Interest Rates by 25 Basis Points Amid Economic Uncertainty and Tariff Concerns
The European Central Bank (ECB) reduced interest rates by 25 basis points on Thursday, signaling a shift toward a “meaningfully…
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Turkey’s Central Bank Cuts Policy Rate to 42.5% Amid Inflation Control Efforts
The Central Bank of the Republic of Turkey reduced its policy rate by 250 basis points on Thursday, bringing it…
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Canada Files WTO Complaint Against US Over New Tariffs
The World Trade Organization (WTO) announced Wednesday that Canada has officially lodged a complaint against the United States over new…
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OPEC Marks 50 Years Since Landmark Algiers Summit
ALGIERS — The Organization of Petroleum Exporting Countries (OPEC) is commemorating the 50th anniversary of the groundbreaking Algiers Summit, the…
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President Tebboune Chairs Assessment Meeting on Algerian Product Export Performance
ALGIERS – The Algerian president, Abdelmadjid Tebboune, chaired Wednesday a work meeting to assess Algerian product exports, the presidency said…
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Canada could use oil and gas exports as a lever if tariffs escalate, says minister
Canada could potentially use oil and gas exports as a lever in negotiations if U.S. tariffs on Canadian imports escalate,…
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Equinor Discovers Gas and Condensate in Norway’s Halten Area
Norwegian energy giant Equinor and its partners Okea and Pandion Energy have discovered gas and condensate at the Mistral South…
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China Raises Defense Budget by 7.2% as National People’s Congress Opens
China’s National People’s Congress (NPC) commenced its third session on Wednesday, with Beijing announcing a 7.2% increase in its defense…
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US Court Rejects Elon Musk’s Bid to Halt OpenAI’s Transition to For-Profit Model
A US court has denied Elon Musk’s request for an injunction to stop OpenAI from transitioning from a nonprofit to…
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