
Australia’s Inflation Eases in January, Boosting Hopes for RBA Rate Cuts
Feb 26, 2025 06:19 am UTC| Economy
Australias consumer prices dipped in January, offering relief to policymakers aiming to curb inflation. Data from the Australian Bureau of Statistics showed the monthly Consumer Price Index (CPI) fell 0.2% from December,...

Trump Eyes Copper Tariffs to Boost U.S. Production and Cut Foreign Dependence
Feb 26, 2025 06:19 am UTC| Economy Politics
U.S. President Donald Trump announced plans to impose import tariffs on copper, citing unfair trade practices and national security concerns. He signed an executive order directing the Secretary of Commerce and the U.S....

Wall Street Rebounds as Nvidia Earnings Loom, Trump Eyes Copper Tariffs
Feb 26, 2025 06:19 am UTC| Economy
U.S. stock futures edged higher Tuesday evening after Wall Street suffered steep losses amid fears of a slowing economy and escalating trade tensions. Investor focus is now on Nvidia (NASDAQ: NVDA), set to release earnings...

Ukraine’s Economic Recovery Cost Hits $524 Billion Amid War Damage
Feb 25, 2025 10:40 am UTC| Politics Economy
The cost of rebuilding Ukraines economy after Russias invasion has surged to $524 billion, nearly three times the countrys expected 2024 economic output, according to a joint assessment by the World Bank, United Nations,...

European Stocks Flat as Defence Gains Offset Tech Losses Amid U.S.-China Tensions
Feb 25, 2025 10:40 am UTC| Economy
European stocks remained flat on Tuesday as gains in defence stocks balanced losses in the technology sector, which faced pressure from escalating U.S.-China tensions over semiconductor restrictions. The pan-European STOXX...

Vietnam’s U.S. Exports Surge, Raising Tariff Risks
Feb 25, 2025 07:51 am UTC| Economy
Vietnams exports to the U.S. accounted for 30% of its GDP in 2023, the highest share among Americas major trade partners, making the country highly vulnerable to potential U.S. tariffs. Since the U.S.-China trade war began...

South Africa’s ‘working for water’ programme is meant to lead to skills and jobs: why it’s failing
Feb 25, 2025 07:49 am UTC| Insights & Views Business Economy
South Africas Expanded Public Works Programme is part of its social safety net. It complements the countrys social grants system, which has over 28 million recipients. The public works programme helps fill a gap for people...