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Brussels Holds Firm: Why the EU Pushed to Protect Its Digital Rulebook and How That Stalled a Joint Trade Statement with Washington

Brussels’ insistence on safeguarding its digital regulatory framework has emerged as the primary stumbling block in finalising a joint trade statement with Washington, diplomats and officials say. What began as a relatively straightforward effort to lock in a tariff understanding has become a...

Changing Trends Move Beer From Pint Glasses to Multipacks and Craft Bottles

Rising household costs are reshaping how people drink beer, splitting behavior into distinct camps and forcing brewers, retailers and venues to rethink product ranges, pricing and distribution. Faced with tighter budgets, many consumers are trading down to economy brands, bulk formats and...

U.S. Fuel Drop Keeps July CPI in Check as Tariffs Push Up Core Prices

U.S. consumer prices in July showed a muted headline increase even as underlying costs for services and certain tariff-sensitive goods accelerated, underscoring how a drop at the pump can temporarily mask broader inflationary pressures. The Consumer Price Index rose 0.2 percent from June and 2.7...

Tariff showdown faces steep hurdles that could derail Trump’s bid to “win” the trade war

U.S. President Donald Trump’s aggressive tariff campaign has reshaped global trade politics and forced major partners into concessions on paper. Yet beneath the headlines of narrowed trade gaps and headline-grabbing framework agreements lies a raft of practical, legal and economic obstacles that...

Japan steps up pressure on US to fast-track auto tariff cut as industry seeks clarity

Japan has intensified diplomatic pressure on Washington to promptly implement an agreed reduction in US tariffs on Japanese cars and auto parts, a move prompted by mounting concern inside Tokyo about the immediate economic fallout, legal ambiguity over how levies will be applied, and growing...

Trump Moves to Rein In Economic Data and Gain Early Fed Leverage

President Donald Trump on Friday abruptly dismissed the head of the U.S. Bureau of Labor Statistics and welcomed the surprise resignation of a Federal Reserve governor—actions that critics warn could undermine confidence in economic stewardship even as they hand the White House greater influence...

Consumer Brands Grapple with Tariff-Driven Pricing Dilemmas

As U.S. tariffs on imports loomed large, consumer-goods giants have adopted an array of tactics to balance the threat of higher duties against fragile household budgets. From athletic gear and luxury handbags to everyday diapers and electronics, companies face a twofold challenge: safeguarding...

India Feels the Heat of Trump’s 25% Tariff Threat on Exports

When U.S. President Donald Trump announced a 25 percent tariff on Indian goods effective August 1, markets in Mumbai and New Delhi braced for impact. The mere threat of steeper duties sent the rupee tumbling toward record lows, battered domestic equity indices and forced policymakers to juggle...

Economic Indicators and Central Bank Independence Lead US Fed to Maintain 4.25–4.50% Rate Range

The Federal Reserve opted to maintain its benchmark interest rate at 4.25 percent to 4.50 percent during its July policy meeting, marking the fifth pause since December. Despite high‑profile calls from President Donald Trump for dramatic rate cuts—he publicly urged slashing the target to as low as...

Global Equities Rally, Euro Holds Ground After Landmark US‑EU Trade Deal

Global stock markets opened the week with strong gains as investors cheered a new trade framework between the United States and the European Union, while the euro remained broadly supported against major peers. The accord, which imposes a 15 percent levy on most European imports—half the level...

China Aims to Shape AI’s Future with New Global Cooperation Body

China has unveiled plans to establish an international organisation dedicated to fostering collaboration on artificial intelligence, positioning itself as a driving force in defining how the technology will be governed, developed and deployed worldwide. The proposal, announced by Premier Li Qiang...

U.S. Aid Cuts Leave Millions of Contraceptives Meant for Poor Nations Destined for Incineration in France

In a move that has sparked outrage among global health advocates, nearly \$10 million worth of contraceptive implants, pills and intrauterine devices—purchased by the United States Agency for International Development (USAID) to serve women in impoverished nations—are set to be incinerated at a...
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