Economy News

Economy

Vietnam's Agro-Forestry-Fisheries Exports Soar by 8.3%: A Deep Dive into the Surprising Growth

Vietnam's agro-forestry-fisheries exports surged by 8.3% over two months, with February alone seeing a 37.2% increase. Key sectors like agriculture, aquatic, and forestry products ...

Economy

February Sees a Gradual Slowdown in Australian Services Sector Growth

The Australian services sector's expansion pace slowed in February, raising questions about its impact on the broader economy. Despite this, resilience in certain areas offers a si...

Economy

US Oil Inventories See Significant Drop: A Closer Look at the Latest API Report

The latest API report reveals a 1.45M barrel drop in US crude oil inventories, alongside mixed changes in distillate and gasoline stocks, and a notable increase in Cushing, Oklahom...

Economy

UK Economy Faces Challenges Amid Global Trade Slowdown, Warns Chancellor Reeves

Chancellor Rachel Reeves warns of the UK economy's vulnerability to a global trade slowdown, emphasizing the need for balanced trade negotiations with the US and maintaining strong...

Economy

Mexican President Sheinbaum to Challenge Trump's Tariff Decision in Upcoming Talks

Mexican President Claudia Sheinbaum is set to discuss the new 25% tariffs with US President Donald Trump. She criticizes the tariffs' justification and warns of negative impacts on...

Economy

Bessent Reveals: Trump Administration Firm on Interest Rate Reduction Strategy

US Treasury Secretary Scott Bessent discusses the Trump administration's strategy to lower interest rates, focusing on medium-term economic goals, and addressing China's export pra...

Economy

South Korea Explores Alaska LNG Project to Enhance Energy Security and Strengthen U.S. Trade Relations

South Korea is considering participation in the Alaska LNG project to enhance energy security and strengthen trade relations with the U.S., amidst efforts to navigate trade pressur...

Economy

Eurozone Unemployment Holds Steady at 6.2% in January: A Closer Look

The Eurozone's unemployment rate remained steady at 6.2% in January, with Spain having the highest rate and Czechia and Poland the lowest. A significant year-over-year improvement ...