Economic policy
As the U.S. Senate voted to reject President Donald Trump's tariffs on a global scale, the bipartisan majority echoed the concerns of economists and researchers who estimate American consumers and businesses will bear the brunt of the costs. Senator Jack Reed, among the majority of senators, praised
Economic policy
The South African government's approach to employment as a macroeconomic design has relegated it to the department of labour, effectively removing it from the main economic actors in macroeconomics. This decision ignores the vexing question of the Phillips Curve, which addresses the relationship between unemployment and inflation. The
Diwali
The Indian government's recent economic policies, particularly the Goods and Services Tax (GST) regime, have shown a significant impact with an "euphoric increase" in business transactions. Finance Minister Nirmala Sitharaman attributed the 25% annualized jump in Diwali sales to a record Rs.6.05 lakh crore
Ambassadors
Pakistan's Ambassador to the US, Rizwan Saeed Sheikh, highlighted the importance of the US-Pakistan relationship during a recent panel discussion at the Future Security Forum 2025 in Washington, D.C. The long-standing partnership between the two countries is marked by collaboration on critical global challenges, including counterterrorism and
Advertising
Canada's efforts to ease the impact of Donald Trump's tariffs on its economy took a hit on Thursday, after the US president lashed out at a new advertisement released by the Ontario government featuring former president Ronald Reagan. The advertisement aims to persuade Republican voters in
Economic growth
Despite intensifying external trade frictions and a slowdown in global economic growth, China's economy demonstrated notable resilience in the first half of 2025, with a year-on-year increase of 5.3% in GDP, reaching RMB66.05 trillion. The accelerated issuance of ultra-long special treasury bonds and special-purpose bonds boosted
Economic growth
A new report by the Information Technology and Innovation Foundation (ITIF) warns that reducing federal investments in research and development (R&D) would have severe consequences for the US economy. According to the report, a 20% reduction in federal R&D funding would shrink the US economy by
Economic growth
Global Container Terminals (GCT) has submitted its Deltaport Berth 4 expansion project to the new Major Project Office through the official Project Intake Form. The company is urging the Government of Canada to place DP4 on the Projects of National Interest List, citing its critical role in strengthening Canada'
Economic growth
The Indonesian government has launched an economic policy package with 17 programs aimed at accelerating national economic growth in 2025, including a digital internship program for university graduates. The program aims to accelerate the emergence of new digital talents and strengthen the link between universities and the digital industry. Coordinating
Economic growth
Global Container Terminals (GCT) has submitted a major project proposal to the Canadian government, highlighting the critical role of the DP4 project in strengthening the country's supply chains, driving private-sector investment, and securing its position as a global trade leader. The company is urging the government to place
Economic growth
Entrepreneur Ebenezer Akarah has stressed the potential of Nigeria's charcoal industry to power the economy and lift citizens out of poverty. Akarah, CEO of Bricks to Crib Company, bemoaned the country's untapped charcoal industry, valued at an estimated $2 billion globally, yet relegated to the backburner
Economic growth
Nigeria's public debt has skyrocketed to an alarming N100 trillion in President Bola Ahmed Tinubu's first year in office, a staggering 67% increase from his predecessor's total debt of N59.5 trillion over eight years. The majority of this debt is directed towards recurrent
