Keywords: Economy


Canada and US agree to intensify trade talks after Trump tariff warning

Canadian Prime Minister Mark Carney said he and US President Donald Trump have agreed to accelerate trade negotiations following renewed tariff tensions between the two countries. The discussions come as Ottawa seeks to prevent further trade disruptions while keeping diplomatic channels open with its......

US prepares new tariff measures targeting around 60 economies

The United States is preparing a new round of tariff measures that could affect approximately 60 economies, according to a senior White House trade official, signaling another potential escalation in Washington's evolving trade strategy. The announcement suggests the administration is moving closer......

3M raises annual profit outlook as industrial business drives recovery

US industrial conglomerate 3M has raised its full-year profit forecast, citing stronger-than-expected performance in its core industrial activities, ongoing cost-control efforts and pricing strategies that have helped protect margins in a challenging economic environment. The company announced Tuesday......

Brazil’s Pix payment system becomes center of global digital finance dispute

Brazil’s Pix instant payment platform, widely regarded as one of the country’s most successful digital innovations, has moved from being a domestic financial success story to becoming a point of international debate as global payment networks and governments assess its growing influence. Created......

China’s car market faces its weakest year since 2021 as demand slows

China’s passenger car market is heading toward a difficult year as weakening consumer demand and intensifying competition put pressure on sales. Recent figures suggest that 2026 could become the sector’s weakest year since 2021, following a period of strong growth and record sales in the......

Brazil seeks to avoid trade escalation as new US tariffs raise economic concerns

Brazil is adopting a cautious approach in response to new US tariffs, seeking to defend its economic interests while avoiding a broader trade confrontation that could put additional pressure on businesses and consumers. The United States is expected to introduce an additional 25% tariff on certain Brazilian......

IMF warns oil prices and weak monsoon threaten India's economic growth outlook

The International Monetary Fund (IMF) has identified rising oil prices and the risk of a weak monsoon season as the two biggest threats to India's economic growth in the 2026/27 fiscal year, highlighting growing external and climate-related challenges for the world's fastest-growing major economy. According......

Sterling strengthens as John Healey takes over as UK finance minister

The British pound posted modest gains on Tuesday after John Healey was appointed as the United Kingdom's new finance minister, with investors turning their attention to the government's fiscal strategy under recently appointed Prime Minister Andy Burnham. Sterling rose 0.15% against the U.S.......

Morocco's HCP forecasts narrower trade deficit by 2027 despite global challenges

Morocco's High Commission for Planning (HCP) expects the country's trade deficit to widen temporarily in 2026 before improving in 2027, reflecting both external economic pressures and the resilience of key domestic sectors. According to the HCP's latest economic outlook, the trade deficit......