Asian Markets Slide as Middle East Tensions Escalate Stock markets across the Asia Pacific region fell sharply as the conflict between the United States, Israel, and Iran moved into its fourth day. Investors reacted to growing fears that the fighting could expand further, creating broader economic and financial instability. The selloff followed a more muted […]
IMF Projects Solid Growth but Flags Debt Concerns The International Monetary Fund said the US economy is expected to grow by 2.4% this year, up from 2.2% last year. Despite this steady outlook, the IMF warned that ongoing budget deficits could drive federal debt to nearly 140% of GDP by 2031. The fund called for […]
BRICS Currency Ambitions and Strategic Goals BRICS nations Brazil, Russia, India, China, and South Africa, now expanded to include additional members, have been exploring the creation of a shared reserve currency to reduce dependence on the US dollar. Proposals have included a unit backed by a basket of member currencies, and even discussions around a […]
Trump Declares Economic Ownership Ahead of Major Address At the outset of his second term, the president’s advisers suggested it might take up to a year before he could fully claim responsibility for the nation’s economic performance. However, during a Super Bowl Sunday interview weeks ago, Donald Trump stated, “We’re there now.” Amid Voter Skepticism, […]
Donald Trump Criticizes Supreme Court Over Expanded Presidential Powers Donald Trump sharply criticized the Supreme Court of the United States, arguing that its recent decision unintentionally expanded presidential authority beyond what existed before. He described the ruling as misguided and damaging to the country’s global standing. Expanded Executive Authority According to Trump, the decision grants […]
US Goods Trade Deficit Hits Record $1.24 Trillion in 2025 The United States recorded a historic high goods trade deficit in 2025, according to data released by the Commerce Department. The shortfall in goods totaled $1.24 trillion for the year, slightly higher than the level reported in 2024. Overall Trade Gap Narrows Slightly When combining […]
December Sees Higher Than Expected Rise in US Core Capital Goods Orders New orders for key US-manufactured capital goods rose more than anticipated in December, signaling firm business investment at the end of the year. Core capital goods orders increased 0.6 percent, following an upwardly revised 0.8 percent gain in November. Economists had expected a […]
U.S. Energy Secretary Announces Major Investments in Venezuelan Oil Sector US Energy Secretary Chris Wright toured Venezuela’s Orinoco Belt alongside acting President Delcy Rodríguez, signaling closer energy ties between the two countries. During the visit, Wright said the country could see a dramatic rise in oil gas, and electricity output this year. Over $100 Million […]
Bangladesh and US Set to Sign Reciprocal Tariff Agreement Today Bangladesh is scheduled to sign a reciprocal tariff agreement with the United States today in Washington. The deal is aimed at narrowing the trade gap between the two countries and ensuring continued access for Bangladeshi products in the US market. Commerce Adviser Sk Bashir Uddin […]
US and Iran to restart nuclear negotiations in Oman The United States and Iran are preparing to resume nuclear talks in Oman after several days of uncertainty and growing tension between both sides The meeting is expected to take place in Muscat as both countries face pressure to reduce the risk of a wider conflict […]
