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The Bank of Italy cut its forecast for growth this year, reckoning that new US tariffs will hold back expansion in the euro zoneโs third-biggest economy.
Published on: April 04, 2025 | Source:
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Trumpโs Tariffs Spark Debate on Possible Breach of NATO Treaty
A barrage of tariffs unleashed by US President Donald Trump has sparked a discussion among NATO members on whether the move breaches the military allianceโs treaty.
Published on: April 04, 2025 | Source:Most EU Members Seek UK, Canada Access to โฌ150 Billion Arms Fund
A majority of European Union member governments favor inviting the UK and Canada to join the EUโs proposed 150 billion ($165 billion) defense spending fund, people familiar with the matter said.
Published on: April 04, 2025 | Source:Trump tariffs are 'pure madness' and the European Union should not comply, former Italian PM says
U.S. President Donald Trump's so-called 'Liberation Day' trade tariffs are "madness, pure madness", according to former Italian Prime Minister Enrico Letta.
Published on: April 04, 2025 | Source:Loan Shark Freed by Trump Back in Jail After Series of Arrests
Jonathan Braun was arrested by US Marshals last Saturday, according to people familiar with the matter
Published on: April 04, 2025 | Source:Chinaโs Rare Earths Curbs Put Multiple US Industries at Risk
China is imposing new export controls on several rare earth elements and related products that are crucial components for defense and technology, and have become a focal point for US President Donald Trump.
Published on: April 04, 2025 | Source:Newsom Says California to Seek Tariff Exemptions From Allies
Governor Gavin Newsom said heโs seeking exemptions for California-made products from retaliatory tariffs and wants to open talks with global allies over new trade relationships, casting the state as a buffer against the fallout of Donald Trumpโs sweeping tariff plan.
Published on: April 04, 2025 | Source:Higher inflation, shaky markets: What to expect from Trump's tariff policies, according to economists
Trump's tariffs are likely to roil the economy, experts say. But they shouldn't derail your long-term plans.
Published on: April 04, 2025 | Source:The EU could hit Wall Street where it hurts with its tariff response โ the tech giants
The European Union has stressed that it is considering all options in its countermeasures โ but restrictions on Big Tech would hurt its own consumers.
Published on: April 04, 2025 | Source:China to impose 34% retaliatory tariff on all goods imported from the U.S.
Beijing's measures come inthe wake of duties imposed by U.S. President Donald Trump's administration earlier this week.
Published on: April 04, 2025 | Source:U.S. payrolls rose by 228,000 in March, but unemployment rate increases to 4.2%
Nonfarm payrolls were expected to grow by 140,000 in March while the unemployment rate would hold steady at 4.1%.
Published on: April 04, 2025 | Source:Europe's banks battered as Trump tariffs put U.S. recession on the horizon
Banks are weathering the storm of a dual-pronged attack linked to their significant U.S. exposure and diminished prospects for the European economy.
Published on: April 04, 2025 | Source:Why OPEC+ is accelerating oil production as prices are tanking and tariffs hammer markets
Markets were stunned when OPEC+ when chose not only to go ahead with its plans to raise oil production, but also to nearly triple the expected increase figure.
Published on: April 04, 2025 | Source:Europe, Canada Call on Putin to Respond to US Ceasefire Plan
Ukraineโs European allies and Canada urged Russian President Vladimir Putin to respond immediately to a US proposal for a partial ceasefire that Kyiv has accepted without conditions.
Published on: April 04, 2025 | Source:BP chair Helge Lund to step down after oil major pledges strategic reset
British oil major BP on Friday said its chair Helge Lund will step down, kickstarting a succession process with support from the wider board.
Published on: April 04, 2025 | Source:Is it safe to travel to Thailand right now? Thai officials say yes
Despite the fanfare of HBO's '"White Lotus," Thailand's tourism arrivals are expected to fall following March's earthquake โ at least in the short term.
Published on: April 04, 2025 | Source:AI could affect 40% of jobs and widen inequality between nations, UN warns
Artificial intelligence is projected to reach $4.8 trillion in market value by 2033, but the technology's benefits remain highly concentrated, UNCTAD says.
Published on: April 04, 2025 | Source:CNBC Daily Open: Trump tariffs pummel stocks, leaving a trail of red
For now, the only (unwilling) subjects of Trumpโs โliberationโ were investors, who parted with the oppressive weight of their stock returns.
Published on: April 04, 2025 | Source:China's cities may see 'flying taxis' as soon as three years, aviation company Ehang predicts
Flying taxis will become a viable transportation method in China, according to a senior executive at Ehang, in another show of Chinese tech innovation.
Published on: April 04, 2025 | Source:The biggest winners and losers in Europe as Trump announces sweeping tariffs
Global markets and businesses were thrown into disarray by U.S. President Donald Trump'stariff announcements on Thursday.
Published on: April 04, 2025 | Source:South Korea's Constitutional Court upholds impeachment of President Yoon, ousting him from office
This starts a 60-day countdown where an election must be held to select the next president.
Published on: April 04, 2025 | Source:Chinaโs response to new U.S. tariffs will likely focus more on stimulus, building trade ties
China's reaction to new U.S. tariffs will likely focus on domestic stimulus and strengthening ties with trading partners, analysts said.
Published on: April 04, 2025 | Source:Trump Says Vietnam Is Willing to Eliminate Tariffs on US Goods
President Donald Trump said that Vietnamese leader To Lam is willing to eliminate tariffs to avoid punishing new US duties imposed on the Southeast Asian nationโs imports.
Published on: April 04, 2025 | Source:CNBC's Inside India newsletter: How far is India from creating its own DeepSeek?
India's growing economy and tech-savvy population position it well to create a DeepSeek competitor. But the country faces obstacles in reaching that outcome.
Published on: April 04, 2025 | Source:Trump Sued Over Tariffs by Conservative-Backed Legal Group
A powerful legal group backed by conservative funding sued President Donald Trump, setting up an early legal clash over the significant US tariffs his administration announced this week.
Published on: April 04, 2025 | Source:New York to Impose Statewide Ban on Smartphones in Schools
New York State legislative leaders have agreed to ban smartphone use in public schools under a new budget agreement aimed at improving childrenโs mental health.
Published on: April 03, 2025 | Source:What Trump says he's trying to accomplish with tariffs
President Donald Trump contends tariffs will pay for tax cuts, lower foreign trade barriers, revive U.S. factories, curb fentanyl and reduce the national debt.
Published on: April 03, 2025 | Source:Cross-Channel rail owner to offer incentives for new operators
London St Pancras Highspeed, the former HS1, aims to attract more train companies and encourage extra Eurostar services
Published on: April 03, 2025 | Source:Trump floats China tariff relief in exchange for TikTok sale approval
US president suggests he is open to horse-trading a day after imposing severe import levies on Chinese goods
Published on: April 03, 2025 | Source:Trump says US will โsoonโ slap tariffs on chips and pharmaceuticals
Wall Streetโs blue-chip companies including Apple tumble as investors rush for safety of government bonds
Published on: April 03, 2025 | Source:Trumpโs sweeping tariffs ignite $2.5tn rout on Wall Street
US president defends levies even as market behemoths, including Apple, sink most in years
Published on: April 03, 2025 | Source:FirstFT: Donald Trumpโs tariff blitz hits โFactory Asiaโ hard
Also in todayโs newsletter, Fitch downgrades Chinaโs sovereign debt, and Samsung turns to China
Published on: April 03, 2025 | Source:Trump tariffs threaten Apple's supply chain, stock suffers steepest drop in 5 years
Apple has warned that tariffs could hurt its business, prompt it to increase prices and potentially force it to stop offering certain products altogether.
Published on: April 03, 2025 | Source:Magnificent 7 relinquishes more than $1 trillion as tech drives stock market nosedive
Last year's high-flyers helped lead the broad market lower.
Published on: April 03, 2025 | Source:What Americaโs stockmarket plunge means
Farewell to 15 years of exceptionalism?
Published on: April 03, 2025 | Source: