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Trump

Saudi Arabia Pushes OPEC+ Oil Output Hike as Prices Slide and Global Demand Weakens

Saudi Arabia has coordinated a new oil production increase with its OPEC+ partners, including Russia, marking a significant departure from recent supply restraint policies. The move comes amid growing concerns about a global economic slowdown and increasing uncertainty in international trade, particularly in the context of escalating tariff tensions. The production hike, described as a […]

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Asia is strongly impacted by Trump tariffs

​President Donald Trump’s recent tariff impositions have significantly impacted the Asia-Pacific region, with varying effects across different nations. Vietnam faces one of the highest tariffs at 46%, reflecting its substantial trade surplus with the U.S. Similarly, Cambodia, Sri Lanka, and Bangladesh are subjected to tariffs of 49%, 44%, and 37% respectively, primarily targeting their exports

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U.S. Senator Tom Cotton lashes out at EU deforestation rules

Republican U.S. Senator Tom Cotton has joined a group of U.S. lawmakers in voicing strong opposition to the European Union’s Deforestation-Free Regulation (EUDR), arguing that it places unfair burdens on American industries and threatens billions of dollars in exports. In a letter to U.S. Trade Representative Katherine Tai, Cotton and his colleagues warned that the EU’s

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EU postpones first import tariffs on American products until mid-April

The European Union has postponed the first hefty import tariffs – a counter-reaction to the American tariffs on steel and aluminium – until mid-April. This gives the EU two weeks more time to negotiate with the United States. The tariffs are two different import tariffs, according to the Reuters news agency. The first levy would

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South Africa Weighs Special Investment Terms for Elon Musk

The South African government is reportedly considering ways to allow Elon Musk’s companies to invest in the country without fully complying with Black Economic Empowerment (BEE) regulations, according to sources cited by Semafor. Under current rules, at least 30% of any South African operations of Musk-owned businesses, such as Tesla or SpaceX, would need to

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Geologists caution research is needed to value Ukraine’s mineral wealth

Ukraine’s subsoil holds an abundance of valuable raw materials, including lithium, graphite, and cobalt, positioning the country as a potential economic powerhouse. The United States, under US President Donald Trump, saw an opportunity to access these resources through a strategic deal with Ukraine. Trump estimated the potential worth of these minerals to be around $500

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Trump claims credit for Gaza ceasefire and calls himself ‘peacemaker’

New US President Donald Trump has claimed credit for the ceasefire between Israel and Hamas, which took effect on 19 January. The US president thereby called himself a ‘peacemaker’.During a speech, Trump said there were ‘no wars’ when he left the White House after his first term. ‘When I came back, we had Russia-Ukraine and

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Denmark Seeks European Support to Counter Trump’s Greenland Push

Strengthening Alliances in Response to U.S. Pressure Denmark is scrambling to navigate an escalating diplomatic standoff with the United States over Greenland, as President Donald Trump’s repeated interest in the territory has led to economic and military threats. In response, Danish Prime Minister Mette Frederiksen is rallying European allies, emphasizing unity while carefully avoiding provocation.

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EU Prepares for Trump’s Expected Exit from Paris Climate Accord

The European Union is bracing for another seismic shift in international climate policy as Donald Trump returns to the U.S. presidency, with plans to once again withdraw the United States from the Paris Climate Agreement. Trump’s previous exit from the agreement, coupled with his administration’s rollback of domestic environmental policies, disrupted global efforts to combat

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