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New Delhi [India], May 9 (ANI): The recently concluded Freedominmotion Trade Agreement ( FTA The economic partnership anticipated between India and the United Kingdom is likely to be advantageous for both countries financially. Additionally, this agreement might set a precedent for comparable deals with other nations including the United States and members of the…
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On May 9, the South Korean won depreciated beyond the 1,400 mark relative to the US dollar, marking its second consecutive day of gains as improved sentiment regarding reduced global trade frictions bolstered the American currency. The won started trading at 1,404.8 against each dollar, marking an increase of 8.2 won compared to the…
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By Andrés Velasco U.S. President Donald Trump believes that America should be primarily for Americans. In contrast, the U.S. dollar is available for global use. If the BRICS group of emerging economies decides to introduce a new currency, Trump would have tweeted , or “support any other currency as a replacement for the powerful…
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By Ephraim Ofori NUMOSUOR In an kurun marked by geopolitical maneuvers driven by economics and strategic partnerships, Africa must not stay as a collection of disconnected markets. The recently implemented tariffs imposed by the United States on numerous imports, which include goods from Africa, have prompted distinct reactions from different countries across the continent.…
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The “landmark” US-UK trade deal revealed on Thursday by President Donald Trump marks the initial accord to be disclosed since he imposed significant tariffs on both friends and foes starting from April 2. This is what we understand regarding the fresh trade agreement for products: ‘Increased market access’ The initial “base” tariff of 10…
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New Delhi [ India ], May 10 (ANI): Congress MP Manish Tewari criticized the International Monetary Fund for approving a $1 billion loan Pakistan , describing it as “highly regrettable,” and stated that the “empathy” towards the IMF towards Pakistan is clearly “unwarranted.” “It is terribly regrettable because the funds that go to Pakistan…
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EXPLORE FURTHER: Business in a Canadian Border Town Attributes Closure to Tariff Dispute Canadians are opting out of U.S. getaways and are flocking to the sun-kissed shores of Mexico as an alternative. Numerous Canadians have eagerly participated in this activity. protest against U.S. products and services Following President Donald Trump’s imposition of tariffs on…
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Donald Trump’s comeback to the White House and the ongoing trade conflict between the United States and China have brought renewed attention to the India-Middle East-Europe Economic Corridor (IMEC). The logistics corridor initiative, inaugurated during the 2023 G20 summit held in Delhi, seeks to streamline commerce in products, energy, and information. This new trading…
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In the realm of cashless transactions within the EU, Visa, Mastercard, and PayPal lead the pack. However, this dominance has prompted caution from the European Central Bank due to the area’s heavy dependence on these American payment leaders. Yet, what options do Europeans have as an alternative? Following Donald Trump’s return to power, Europe…
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In the realm of cashless transactions within the EU, Visa, Mastercard, and PayPal lead the pack. However, this dominance has prompted caution from the European Central Bank due to the area’s heavy dependence on these American payment leaders. Yet, what options do Europeans have as an alternative? Following Donald Trump’s return to power, Europe…