Sat 12 April 2025: China’s Commerce Minister Wang Wentao had discussions with his Saudi Arabian and South African counterparts to exchange views on responding to the United States’ “reciprocal tariffs”, the Chinese ministry has said. The conversations took place over separate video calls on Thursday in which China discussed strengthening bilateral economic and trade cooperation […]
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Sat 12 April 2025: President Donald Trump’s tariffs and fueling tensions with China brought economic uncertainties, destabilizing the safe-haven status of US bonds. Trump’s reciprocal tariffs, announced April 2 that ranged between a 10% base rate to 50%, gave rise to volatility in global markets and shook the US bond market of around $29 trillion. […]
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Sat 12 April 2025: A new poll revealed that the majority of Americans hold an unfavorable opinion of US President Donald Trump, with support declining over economic concerns and his recent trade policies. “Americans view Trump much less favorably personally than they did at the start of his term. 54% of Americans have a very […]
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Fri 11 April 2025: The US dollar index dove to a 3-year low figure of 99.014 on Friday as US President Donald Trump’s aggressive trade policies strengthened recession concerns in the country. The US dollar index fell 1.36% to currently stand at 99.49 as of 1336GMT. The index also declined by more than 8% since […]
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Fri 11 April 2025: More than 70% of Austrians would be willing to boycott US goods to protest US President Donald Trump’s trade policies, according to a survey released Thursday. The poll, conducted by the Austrian Gallup Institute, also found that 55% of Austrians consider Trump’s presidency a threat to the European Union. Only 32% […]
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Fri 11 April 2025: Half of UK adults say they are now less likely to buy American products in the wake of Donald Trump’s tariffs on the UK, a shocking new poll commissioned by the Liberal Democrats has revealed. Meanwhile almost six in 10 (59%) say they would support a campaign to buy more British […]
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Fri 11 April 2025: Italian luxury fashion house Prada reached an agreement to acquire its rival Versace for €1.25 billion (around $1.375 billion), Prada said in a statement Thursday. The transaction will be funded by €1.5 billion in new debt made up of a €1 billion term loan and €0.5 billion in a bridge facility. “Founded in 1978 in […]
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Thu 10 April 2025: The second round of talks between Russia and the US concluded Thursday afternoon in Istanbul after over five hours, according to Russian media. The US delegation was the first to leave the Russian consul general residence without making any statements to the press. On Tuesday, US State Department spokesperson Tammy Bruce […]
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Thu 10 April 2025: The Bank of England on Wednesday issued a warning about the global economic outlook, citing the escalating risks posed by US President Donald Trump‘s sweeping tariff policies. The Bank’s Financial Policy Committee (FPC) expressed concern that these trade tensions are increasing the likelihood of “severe shocks” to the financial system, putting global gro wth at risk. […]
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Thu 10 April 2025: Australian health authorities have warned hundreds of thousands of people in Sydney to monitor for symptoms after a Legionnaires’ disease outbreak, local media reported on Thursday. At least six people have been hospitalized with symptoms of the potentially deadly disease as health authorities have yet to trace the source of the […]
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