Europe might need to impose up to 55% in tariffs
Vehicles set to be shipped to Europe, at Taicang Port on Dec. 19, 2022, in Suzhou, China. Vcg | Visual China Group | Getty Images The European Union will need …
World economy
IMF raises its Asia growth forecast for 2024
Laborers work at a coastal road project construction site in Mumbai on January 12, 2022. Punit Paranjpe | Afp | Getty Images The International Monetary Fund raised its Asia growth …
Crewless cargo? Autonomous shipping aims to overcome safety, trust concerns
Aerial top view container ship full speed with beautiful wave pattern for logistics, import export, shipping or transportation. Suriyapong Thongsawang | Moment | Getty Images A cargo tanker off the …
‘We haven’t seen this kind of debt since the Napoleonic Wars’
Borge Brende, president of the World Economic Forum, gave a stark outlook for the global economy saying the world faces a decade of low growth if the right economic measures …
Indonesia’s central bank delivers surprise rate hike to support rupiah
The Bank Indonesia headquarters stand in Jakarta, Indonesia Dimas Ardian | Bloomberg | Getty Images Indonesia’s central bank delivered a surprise rate hike on Wednesday, stepping up efforts to support …
Big change in global growth is bullish for commodities: VanEck CEO
Investors should consider commodities due to a “big change” involving international expansion, according to VanEck CEO Jan van Eck. “The world economy started growing again,” van Eck told CNBC’s “ETF …
UAE denies cloud seeding took place before severe Dubai floods
A view of the street after heavy rainfall as adverse weather conditions affect daily life in Dubai. Anadolu | Anadolu | Getty Images DUBAI — The National Center of Meteorology (NCM), …
Photos show heavy rain and severe flooding in the United Arab Emirates
Storms and heavy rain have caused flooding in some Gulf states, leading to the Tuesday closure of Dubai’s airport — one of the busiest in the world. The United Arab …
UAE hit with severe flooding as record rainfall disrupts Dubai flights
People wade through submerged street after heavy rain in United Arab Emirates on April 16, 2024. Anadolu | Anadolu | Getty Images One of the world’s busiest airports temporarily halted …
Treasury Department to impose sanctions on Iran after Israel attack
US Treasury Secretary Janet Yellen attends a press conference at US Ambassador’s residence in Beijing on April 8, 2024. Pedro Pardo | AFP | Getty Images Treasury Secretary Janet Yellen …