No, the EU does not impose a 45% tariff on itself
A recent paper which has gathered significant attention estimates a 45% tariff equivalent of intra-EU border costs. This column argues that this estimate is likely
Gold climbs 2% on Fed rate cut as investors weigh US-China trade talks
Spot gold climbed 1.3% to $3,980.00 per ounce as of 1109 GMT. U.S. gold futures for December delivery slipped 0.2% to $3,991.50 per ounce. Gold
As Trump-Xi trade talks near, investors turn to history as a guide
Even if the Trump-Xi meeting does not produce a definitive end to their trade war, investors are prepared to buy into any de-escalation in tensions.
Is AI adoption impacting job markets in South Asia?
The rapid development of artificial intelligence (AI) is transforming the global economy and reshaping labor markets. What does this mean for the South Asia region?
Geopolitical tensions and international financial fragmentation: The 28th Geneva Report on the World Economy
Rising geopolitical tensions now threaten the rules-based world order that has governed the functioning of the international monetary system since WWII with risks of geoeconomic
Dollar slips as traders focus on Fed cut bets, risk sentiment improves
Markets pricing in Fed rate cuts for both October and December. The U.S. dollar slipped against a basket of peers on Wednesday after comments from
Gold breaks $4,100 to hit high on trade jitters, rate-cut optimism
Gold broke through $4,100 per ounce for the first time on Monday, hitting another record high on renewed U.S.-China trade tensions and expectations of U.S.
Wall Street advances as Trump cools China rhetoric
Wall Street’s main indexes advanced on Monday following Friday’s pullback, as investors returned to risk assets after President Donald Trump’s softer tone eased concerns over
Oil recoups some losses after US-China trade tensions
Oil prices rose on Monday after hitting five-month lows in the previous session, as investors focused on potential talks between the presidents of the United
Global merchandise trade tops expectations in H1
WTO economists raised the 2025 merchandise trade growth forecast to 2.4%. Global merchandise trade outpaced expectations in the first half of 2025, driven by increased
