YAOUNDE: The World Trade Organization’s 14th ministerial conference ended early Monday without agreement on extending the long-running moratorium on customs duties for electronic transmissions, a lapse that sharpened questions about the body’s ability to update trade rules and advance wider institutional reform. WTO
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ABU DHABI, October 1, 2025: The Comprehensive Economic Partnership Agreement between the United Arab Emirates (UAE) and Australia formally entered into force on Wednesday, initiating a significant expansion of bilateral trade and investment frameworks between the two economies. The agreement,
India and the United Kingdom have finalized a significant bilateral trade agreement, described by the UK government as the most substantial trade deal since its departure from the European Union. Announced Tuesday, the deal marks a strategic deepening of commercial
The U.S. stock market has experienced significant volatility during the early months of President Donald Trump’s second term, recording one of the weakest openings to a presidency in modern history. Since his inauguration in January 2025, the S&P 500 has
Bitcoin continued to hover near the $80,000 mark on Friday, as cryptocurrency markets faced renewed volatility stemming from shifting U.S. trade policy. The instability followed a sharp rebound earlier in the week after President Donald Trump temporarily eased some of
MENA Newswire News Desk: South Korea’s Hyundai Motor Group is set to unveil a $20 billion investment in the United States, marking a significant expansion of its manufacturing footprint and aligning with ongoing efforts by foreign firms to localize production
The European Union has announced counter tariffs totaling €26 billion ($28.33 billion) on U.S. goods, responding to the Trump administration’s decision to impose 25% tariffs on all steel and aluminum imports. The measures, unveiled Wednesday, aim to match the economic
European stock markets surged to record highs on Monday, driven by strong gains in defense stocks as political leaders in the region prepared for an emergency summit on the Ukraine war. The pan-European STOXX 600 index rose by 0.4%, while
The United Nations Conference on Trade and Development (UNCTAD) has emphasized Africa’s vulnerability to global economic shocks in its Economic Development in Africa Report 2024. The report, released in Geneva, examines how past crises including the 2008 financial collapse, the