Iran Likely to Keep Strait of Hormuz Under Tight Control, US Intelligence Suggests
Recent US intelligence indicates that Iran has little intention of easing its grip on the Strait of Hormuz anytime soon,…
Tag: #GlobalEconomy
US Fed chief says energy shock manageable for now but warns inflation risks could grow
The head of the US central bank, Jerome Powell, said the economic impact of the recent surge in energy prices…
Trump Delays China Summit as Middle East Conflict Takes Priority at Home
In a move that underscores the urgency of unfolding global events, U.S. President Donald Trump has requested China to delay…
Iran Announces Over 60% Minimum Wage Hike Amid Economic Challenges
In a move aimed at easing financial pressure on workers, Iran’s labour minister has announced a substantial hike in the…
Germany’s Merz Seals Chinese Airbus Deal Amid Push to Strengthen Ties with Beijing
German Chancellor Friedrich Merz announced that China will purchase up to 120 aircraft from Airbus, following high-level talks with President…
Trump Imposes 10% Tariff Following Supreme Court Blow to Trade Policy
President Donald Trump announced yesterday an additional 10 percent tariff on imports into the United States, a move that comes…
Xi Set for White House Visit by End-2026, Trump Signals Reset With China Amid Trade Tensions
US President Donald Trump has said that Chinese President Xi Jinping is expected to visit the White House toward the…
South Africa Stands Firm Against US Objections, Secures G20 Consensus on Climate and Debt Relief
In a bold move at the Johannesburg summit this weekend, South Africa successfully guided the Group of 20 (G20) leaders…