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Qatari sheikh's family office to invest $8.8bn to create financial hub in Maldives 05/06/2025

Non-U.S. Filmmakers Face Steep Costs and Disrupted Plans Under Trump’s 100% Foreign-Film Tariff 05/06/2025

Netanyahu pledges to answer the Houthis and Iran for the attack on Tel Aviv airport 05/05/2025

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Economics

G20 Agriculture Ministers Criticize Protectionism, Vows WTO Rules Reforms

A joint statement issued by the agriculture ministers of the G20 nations censured protectionist policies and pledged to change some of the rules of the World Trade Organization (WTO). The statement however did not talk about the possible measures in detail that they would take to enhance the food...

Experts Consider ‘Safe Haven’ Potential Of India Amidst Indian Stocks Hitting Record Highs

The Indian stock markets reached record highs last week with stocks gaining across the board and this positive movement has encouraged one emerging market investor to identify that asset class a "safe haven" for investments. A record high for the forth consecutive day was touched by...

Will Trump influence the Fed's decision?

The next meeting of the Federal Reserve System will take place already this week. A special intrigue lies in the fact that the decision will be made against the background of criticism of the country's President Donald Trump. Experts are not waiting for a change in the monetary policy. Following...

Fastest Quarterly Growth In Four Years Reached By US Economy In Q2

The commerce department of United States announced that the country had notched an annual rate of 4.1 per cent in the second quarter of 2018 which is the fastest in the last four years This rate of growth would be a booster for the Trump Administration that launched a $1.5tn tax cuts...

The Next Emerging Market To Face A Crisis Could Be Turkey

The next emerging market that could fall into a crisis is Turkey. There has been a drop in the country’s currency lira by 2 per cent since the decision of the central bank of the country to keep its key interest rate unchanged at 17.75 per cent which shocked investors. About 27 per cent...

Key Interest Rates Remain Unchanged For The Euro Zone: EBC

The European Central Bank (ECB) expects that the key rate of interest for the euro area to remain at the current rates for at least through the summer of 2019. This prediction was made by the central banker of the European Union while maintaining the key interest rates earlier this week. ...

IMF Predicts Inflation Reaching 1 Million By Year End In Venezuelan

The largest economic disaster every in world history is being faced by Venezuela with prices going out of hand virtually every day. According to a comment by the International Monetary Fund (IMF) on the country, the Latin American country is "stuck in a profound economic and social crisis"...

Iran is looking for allies

Having faced the threat of a significant reduction in the flow of petrodollars due to US sanctions, Iran set to look for allies. So far, the country is still supported by the EU and European countries, which continue their attempts to maintain an agreement on the Iranian nuclear program despite...

G20 Ministers Say Risk To Global Growth Posed By Trade Tensions

Global economy could be undermined by trade tensions, said the G20 group of finance ministers. Following its two-day meeting in Argentina, the group gave a call for enhanced deliberations for reduction of the risks. The summit assumed importance because of he protectionist...

German FM Claims EU Not To Be Forced To Surrender By The US

The United States President Donald Trump should expect a strong response form the European Union to any new trade tariffs, warned the German Foreign Minister Heiko Maas (SPD). There is still hope that the trade spats between the traditional trade partners could be solved consensually, Mass...