Beijing, China – China has strongly condemned the United States’ imposition of “reciprocal tariffs,” calling them a violation of World Trade Organization (WTO) rules and a disruptive force in the global economy. Chinese Ambassador Jiang […]
Thursday marked a devastating day for Lesotho’s textile industry as news broke that the country’s exports to the United States would soon face a 50% tariff, significantly impacting local businesses. Teboho Kobeli, founder of Afri-Expo […]
US Tariffs Set to Redefine Global Trade and Trigger Economic Shockwaves The implementation of new tariffs by the US is set to have a monumental impact on the world economy, with potential disruptions to trade […]
WASHINGTON – President Donald Trump announced sweeping new tariffs on Wednesday, escalating the trade conflict with other countries. The move, which aims to impose reciprocal tariffs on foreign goods, could have significant implications for global […]
The Office of Strategic Capital (OSC) has received over 200 applications totaling $8.9 billion for its inaugural domestic manufacturing loan program—far exceeding the current $984 million lending capacity. This overwhelming demand underscores the urgent need […]
Asia-Pacific Stocks Gain Amid Uncertainty Over Trump’s Tariff Deadline Asian stock markets traded mostly higher despite concerns over an impending deadline for reciprocal tariffs imposed by former U.S. President Donald Trump. Investors remained cautiously optimistic […]
The International Monetary Fund (IMF) has acknowledged progress in its loan negotiations with [Country], but a final staff-level agreement remains elusive as the IMF mission returns to Washington. The talks, centered on economic reforms and […]
IMF Rejects Tax Relief, Tightens Belt on Foreign Investments In a firm stance on fiscal discipline, the International Monetary Fund (IMF) has dismissed tax concessions for foreign investment projects, signaling a no-nonsense approach to economic […]
China’s National People’s Congress (NPC) has concluded with a firm call for national unity and an “unrelenting struggle” to drive the country’s economic and geopolitical rise. Setting a 5% growth target, leaders emphasized resilience amid […]
Amid widening fiscal deficits, the government is considering a higher petrol levy to boost revenue, sparking public concern over potential fuel price hikes. The proposal aims to bridge budget shortfalls as economic pressures mount. Finance […]
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