#US
Georgieva emphasised the need for rebalancing policies — fiscal, monetary, and structural — that reduce vulnerabilities and mitigate trade frictions
Saudi Arabia, the world’s largest oil exporter, is seeking to generate substantial renewable energy and reduce emissions
US and China are stuck in an unprecedented, and expensive, game of chicken, and it seems that both sides are unwilling to back down
The tariff regime, described by Trump as a “universal baseline tariff”, aims to set a flat 10 per cent import tax on all goods entering the US
The United States imposes a 2.5 per cent tariff on passenger vehicle imports, while India imposes 70 per cent, the White House said in a statement
The president said the trip will centre on securing more than $1tn in investment into the US economy
The UAE will increase its existing investments in AI infrastructure, semiconductors, energy and manufacturing, the White House said
Rubio arrived in Saudi Arabia earlier in the day from Israel where he began his first visit to the region as the top US diplomat
The executive order mandates the delivery of a comprehensive plan for the fund’s establishment within 90 days
The kingdom is eager to seize partnership and investment opportunities created by the new administration’s anticipated reforms
Gold is sticking closely to its role as a safe haven during economic and geopolitical uncertainty
His inauguration speech focused on emergencies in immigration and energy and a more expansionist foreign policy, including a pledge to take back the Panama Canal
Among those seated prominently were the three richest men in the world
The US imposed its toughest sanctions on Russian producers and tankers yet on January 10
The new regulations will cap the number of AI chips that can be exported to most countries
Over the three weeks ending January 10, Brent has climbed by close to 7 per cent, while WTI has jumped nearly 8 per cent
EDGNEX, a unit of DAMAC, will construct new data centres in Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois, Michigan, and Indiana
PureHealth’s ongoing international expansion through Ardent Health reflects a broader ambition to reshape global healthcare landscapes
India’s government and industry groups favour a broader trade and investment pact with the United States to help manufacturers integrate into global supply chains
Microsoft invested $1.5bn in G42 earlier this year, giving the US company a minority stake and a board seat
AIM for Climate had secured $17bn in funding at last year’s COP28 and $8bn at COP27
Trump made tariffs and tax cuts key elements of his pitch to voters, many of whom said the economy was the biggest issue of the election
The results are affecting assets globally and determining the outlook for US debt, the strength of the dollar and a host of industries
The move toward EVs has accelerated in recent years and is seen as a key way to help countries achieve climate goals
The IMF’s latest report showed global public debt will reach 93 per cent of global gross domestic product by the end of 2024
During the meeting, UAE President Sheikh Mohamed bin Zayed Al Nahyan highlighted the long-standing ties between the UAE and the US
UAE President Sheikh Mohamed bin Zayed Al Nahyan met with US Commerce Secretary Gina Raimondo to discuss expanding bilateral collaboration.
The two leaders reviewed various aspects of the longstanding bilateral ties, particularly in the fields of trade and investment, the economy, advanced technology and renewable energy
The ongoing conflict in Gaza has increased Washington’s dependence on Egypt for diplomatic mediation
In a boost to the Democratic Party’s campaign, Taylor Swift backed Kamala Harris for the US President