A Republican leader posted a warning for India’s economy amid the ongoing H-1B row. Republican leader Virgil Bierschwale who has emerged as a prominent voice against the H-1B visa program that allows US companies to hire skilled people from foreign countries, has sounded a dire warning for the Indian economy. Reacting to the news that […]
JD Vance recently met Indian-origin Silicon Valley venture capitalist Asha Jadeja Motwani. Vice president JD Vance’s photo with Indian-origin venture capitalist Asha Jadeja Motwani became a flashpoint amid the H-1B row as social media users questioned what was the purpose of the visit at a time when MAGA activists are opposing the US’s quota for […]
SINGAPORE: Singapore’s economy rose faster than expected in the first quarter year-on-year, official data showed Thursday, pushed by stronger global demand as businesses rushed to beat the imposition of higher US tariffs.The government, however, warned that downside risks remained as a full-blown trade war between the United States and China could still reignite after the […]
China’s economy slows in April as trade war blues hit retail sales, housing and investment (Photo: AP) China’s economy showed signs of slowing in April as President Donald Trump’s trade war took a toll, with retail sales, property and investment coming in weaker than economists had forecast. Industrial production slowed as Trump’s painfully high tariffs […]
In his first hundred days back in office, Donald Trump has achieved what few leaders manage: unsettle markets, depress business and consumer expectations, and fray diplomatic standing of America — all at once. His tariff blitzkrieg, erratic commentary on Russia and Ukraine, and mounting pressure on the Federal Reserve have caused a level of uncertainty […]
California governor Gavin Newsom boasted that his state has become the world’s fourth-largest economy, following only the US, China and Germany in global rankings.The state’s nominal GDP reached $4.1 trillion last year, edging past Japan’s $4.02 trillion, Newsom said, citing newly released IMF country-level data and preliminary state data from US Bureau of Economic Analysis. […]
Russian state TV reveled that Trump destroyed trust in the economy. Russian state TV cheered for Donald Trump as the president imposed reciprocal tariffs across the world, leading to a global economic meltdown. Russia has been kept out of the list and political scientist Dmitry Kulikov said on a TV program that Trump’s tariffs look […]
Global markets were rattled on Friday as US President Donald Trump’s aggressive tariff war triggered a massive sell-off, erasing more than $9 trillion in market capitalisation since his second-term inauguration on January 20. The Wall Street meltdown, the worst since the Covid -19 pandemic, sent shockwaves across global financial centres. The S&P 500 plunged nearly […]
Trump tariff mastermind Howard Lutnick said there’s no way the president would back off on reciprocal tariffs. Donald Trump’s commerce secretary Howard Lutnick Thursday said that people should just let the president run the global economy because he knows what he has been doing. He’s been talking about it for 35 years, Lutnick said defending […]
