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Economy

EU-US tariff deal not finished yet, say Europeans unhappy with Trump’s terms

Peter G. Killigang

Efforts to finalize a trade agreement between the European Union and the United States are still in progress, with European representatives voicing growing frustration over the terms proposed by the…

Trump hits Brazil with 50% tariffs and sanctions judge in Bolsonaro case

Economy

Trump hits Brazil with steep 50% tariffs, sanctions judge over Bolsonaro

Peter G. Killigang

The United States, under the direction of former President Donald Trump, implemented a 50% tariff on select Brazilian imports, while also placing sanctions on a Brazilian judge involved in a…

Economy

Adidas to raise prices as US tariffs costs rise by €200m

Peter G. Killigang

Adidas is preparing to adjust its pricing strategy in response to mounting financial pressure from increased U.S. import tariffs, which are projected to raise the company’s expenses by approximately €200…

Trump says 'good friend' India may face up to 25% tariffs

Economy

Trump: ‘good friend’ India may see 25% tariffs imposed

Peter G. Killigang

Donald Trump has implied that India, a nation he has referred to as a “good friend” in the past, might face high tariffs—possibly up to 25%—if issues regarding trade imbalances…

E.U.'s 0 billion-per-year spending on U.S. energy is unrealistic

Economy

Why E.U.’s $250 billion-per-year commitment to U.S. energy may be unrealistic

Peter G. Killigang

The European Union’s ambitious plan to spend an estimated $250 billion each year on energy imports from the United States is drawing increasing scrutiny, with experts and policymakers questioning the…

US companies up against 'nightmare' tariff wall

Economy

US companies face ‘nightmare’ tariff barriers

Peter G. Killigang

American corporations are facing heightened challenges due to an escalation in worldwide tariffs, as global trade becomes more intricate and uncertain. The changing environment of import and export taxes, along…

US-China talks restart as hopes grow for trade war truce extension

Economy

US-China negotiations restart amid optimism for trade war truce extension

Peter G. Killigang

Diplomatic talks between the United States and China have started again, sparking optimism that the two nations might prolong their delicate ceasefire in the current trade conflict. Following years of…

A prominent venture capitalist’s Islamophobic posts stir outrage among Middle Eastern and Muslim tech founders

Economy

Tech founders from the Middle East and Muslim communities denounce a prominent venture capitalist’s Islamophobic posts

Peter G. Killigang

A high-profile venture capitalist has come under intense criticism following a series of Islamophobic remarks made online, drawing widespread condemnation from Middle Eastern and Muslim entrepreneurs across the global tech…

US FCC clears bn Skydance-Paramount merger

Economy

US FCC okays $8bn Skydance-Paramount merger deal

Peter G. Killigang

A notable advancement in the entertainment sector has unfolded with the official authorization of an $8 billion merger involving Skydance Media and Paramount Global. The United States Federal Communications Commission…

Treasury Secretary Scott Bessent calls for a review of 'the entire' Federal Reserve

Economy

Treasury Secretary Scott Bessent urges comprehensive review of the Federal Reserve

Peter G. Killigang

In a development sparking considerable debate among financial and political groups, U.S. Treasury Secretary Scott Bessent has urged a comprehensive evaluation of the Federal Reserve’s organization, decision-making procedures, and policy…