Surge in Global Trade by 5.3% as Importers Rush Ahead of New US Tariffs
Global merchandise trade volume increased by 5.3% year-over-year in Q1 2025, driven by importers acting ahead of new US tariffs. North America saw the highest growth at 13.4%.
Economy News
June Sees a Slight Rise in Canada's Inflation Rate to 1.9%, Surpassing May's Figures
Canada's inflation rate edged up to 1.9% in June, driven by higher prices in services, food, shelter, and durable goods. The monthly CPI showed a slight increase, matching analysts...
President Trump Demands Immediate Fed Rate Cut Following Latest Inflation Data Surge
President Donald Trump has reiterated his demand for the Federal Reserve to cut interest rates, following the release of June's inflation data which showed an increase to 2.7% annu...
Trump Announces Market Openings by Trade Partners to Reduce Tariffs, Korea in Talks for Deal
President Trump discusses the opening of markets by trade partners to reduce U.S. tariffs, upcoming NATO meeting for military support, and criticism towards Putin, alongside potent...
Thailand Braces for $6 Billion Export Loss as US Tariff Hike Looms, Negotiations Underway
Thailand faces a potential $6 billion export loss due to upcoming US tariff increases, with negotiations for a lower rate underway. Political instability could further harm the eco...
May's Money Supply Soars by 44 Trillion Won Amid Stock Market Rally
The stock market's recent performance has led to a 44 trillion won increase in May's money supply, with M2 showing a 6.5% year-on-year growth. Investment funds and savings deposits...
Spain's Inflation Rises to 2.3% in June: A Closer Look at the Driving Forces
Spain's inflation rate increased to 2.3% in June, driven by higher transportation, housing, and food costs. The core inflation rate remained unchanged at 2.2%.
Optimism Soars: German Economic Sentiment Hits New High Amid US-EU Tariff Hopes
German economic sentiment rises in July, with the expectations index surpassing forecasts. Improvements in the current situation index and Eurozone sentiment are noted, driven by h...
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