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Donald Trump has seized on an opening to sound his frequent argument that imposing huge tariffs on foreign goods would amount to an economic elixir — one he claims would raise enormous sums for the government, protect U.S. firms from overseas competiti...

Anguilla is raking in extra unexpected revenue from registration fees for its

United Airlines says its third-quarter profit fell 15% from a year ago

Donald Trump has vowed that if voters return him to the White House, "inflation will vanish completely." It's a message tailored for Americans who are still exasperated by the jump in consumer prices that began 3 1/2 years ago. Yet most mainstream economists say Trump's policy proposals wouldn't vanquish inflation. They'd make it worse. They warn that his plans to impose huge tariffs on imported goods, deport millions of migrant workers and demand a voice in the Federal Reserve's interest rate policies would likely send prices surging.

All but one of Canada’s six biggest lenders now expect the central bank to cut borrowing costs by half a percentage point after inflation cooled by more than expected last month.

What is a great solution to many of our country’s issues? Well, a tax, of course. After all, taxes solve everything, right?

Inflation in September rose 1.6 per cent, the slowest year-over-year increase in more than three years and well below the Bank of Canada‘s target of two per cent.

Nitin Gadkari, on Tuesday, chaired a review meeting with representatives of the Society of Indian Automobile Manufacturers (Siam) to discuss the readiness of the automobile industry for ethanol and flex fuels. Discussions were held on readiness of the industry to launch flex engine vehicles that can run on ethanol in the coming months, the ministry said in a tweet after the meeting. “Minister Gadkari also engaged in an insightful discussion on how a shift to biofuels from fossil fuels will aid India in being #AtmaNirbhar (self-reliant), reduce pollution and annual import of fossil fuels, and helps consumers receive fuels at lesser price, all while benefiting our farmers,” it said.

Reserve Bank of India Deputy Governor Swaminathan J has likened central banks to wicketkeepers in cricket or goalkeepers in football who often go unnoticed in successes but are always in the spotlight during failures. In his address at the RBI@90 High Level Conference on 'Central banking at Cross Roads' on Monday said over the years, the role of central banks has significantly evolved. Initially seen as the lender of last resort, today, central banks are equipped with a broad range of tools — regulatory, supervisory, and monetary — to ensure the stability of the financial system. The financial sector, he said, is the backbone of the economy, enabling efficient allocation of resources, managing risks through various instruments, and ensuring smooth payments and settlements. It performs crucial functions that support investments and drives economic growth.

World shares are mixed, with Hong Kong's benchmark down more than 3%, after Wall Street rolled to more records

France’s new government has unveiled its 2025 belt-tightening budget bill, with plans for major tax hikes and spending cuts aimed at tackling the country’s giant deficit

Associated Press reported. Harris also pledged to establish a national initiative aimed at improving funding for the detection, research, and treatment of health issues that disproportionately affect Black men, including sickle cell disease, diabetes, prostate cancer, and mental health challenges.Additionally, a recent poll by The Associated Press-NORC Center for Public Affairs Research found that about 70% of Black voters view Harris favourably and prefer her leadership over Donald Trump's on major policy issues like the economy, health care, abortion, immigration, and the Israel-Hamas conflict.

«So, whether the fiscal incentive comes or not, that will determine quite a few things. And of course, if exports were to revive, then it can become a much better trade. But these two has not happened yet and in the absence of these two, China remains more of a tactical trade,» says Rana Gupta, Manulife Investment Management. All of us in the last 15 days have spent a considerable time in understanding this China comeback and sell India trade. Is that a real trade? Do you think that is a multi-year trade or that trade is already over? Rana Gupta: Well, it depends on whether the Chinese policymakers go down the path of a large fiscal stimulus or not. In our view, China was export oriented economy, which got its savings and invested in real estate.

Congress party has accused the Aam Aadmi Party (AAP)-led Punjab government of conspiring with the Bharatiya Janata Party (BJP) at the Centre to create a crisis around the storage of paddy crops, which could severely impact the state's economy. Tensions between Congress and AAP, already strained after the Haryana election results, have escalated following the new allegations. Leader of Opposition in the Punjab assembly, Partap Singh Bajwa, claimed that the Punjab Chief Minister, Bhagwant Mann, misled farmers into sowing hybrid varieties of paddy, which has contributed to the ongoing issues. «I hold Arvind Kejriwal, Mann, and the central government responsible for this crisis, which will also create a law and order situation,» Bajwa said at a press conference in New Delhi. Bajwa highlighted that 185 lakh metric tonnes of paddy are expected to arrive in mandis (grain markets), but godowns in the state are already full due to uncleared stocks. He urged immediate intervention from the Centre, warning of a potential economic fallout.

Republican presidential nominee Donald Trump promises the biggest deportation event the U.S. has ever seen if he is elected

British Prime Minister Keir Starmer marks 100 days in office on Saturday with little cause for celebration

For several years, the country has fallen well short of the rosy visions proclaimed by its leaders. India should become the first major economy to industrialize without carbonizing, to paraphrase its Group of 20 sherpa Amitabh Kant. Prime Minister Narendra Modi promised to connect 500 gigawatts of clean energy by 2030, equivalent to all the generators in France, Germany and Italy put together. The picture on the ground has, until recently, been very different. A previous aspiration to hit 175 GW by 2022 came in 40% below target, and had to be fudged to avoid embarrassment. Ill-advised tariffs on solar panels, combined with contractual and political support for fossil fuels and constant changes to the rules of renewable power auctions, made matters worse.

inflation and a U.S. economy and labor market that are stronger than previously thought, Federal Reserve Governor Christopher Waller on Monday called for «more caution» on interest-rate cuts ahead. «Whatever happens in the near term, my baseline still calls for reducing the policy rate gradually over the next year,» Waller said in remarks prepared for delivery to a Shadow Open Market Committee conference at Stanford University's Hoover Institution. The Fed's policy rate is restrictive, the labor market remains healthy even as labor demand is moderating, and inflation is «in the vicinity» of the Fed's 2% target.

Subscribe to enjoy similar stories. Wars in the Middle East and Ukraine dominate the headlines, but the Indo-Pacific remains the fulcrum of world politics and where the 21st century will take shape. While bombs fall and missiles fly elsewhere, the Chinese Communist Party is wrestling with its greatest challenges since Deng Xiaoping’s reforms fueled a generation of blistering growth in the 1980s.

inflation and recession, and amid the incoming US elections this November, the strength of the US dollar is also becoming a major factor for concern in the US markets. Nassim Nicholas Taleb, who wrote the book The Black Swan about the unpredictable events around finance and markets, has now voiced his opinion about the condition of the US dollar in the coming days, and the factors that may lead to its immense strain.