economic policy Archives

China pledges tech support, trade balance and market reforms

manamalive.comMarch 7, 2026March 9, 2026

by manamalive.comMarch 7, 2026March 9, 2026094

BEIJING: China’s top economic and financial officials pledged expanded support for technology firms, a push toward more balanced trade and deeper capital market reforms during a news conference on the sidelines of the annual National People’s Congress. The...

Business

Data show Trump trade war failed to cut US China trade gap

manamalive.comJanuary 17, 2026January 17, 2026

by manamalive.comJanuary 17, 2026January 17, 20260126

WASHINGTON: More than seven years after President Donald Trump launched sweeping tariffs on Chinese goods, official data and widely cited economic studies show the measures raised costs inside the United States while leaving the core U.S. goods trade...

News

Trump pressures Fed to cut rates amid tariff fallout

manamalive.comApril 24, 2025April 24, 2025

by manamalive.comApril 24, 2025April 24, 20250230

U.S. President Donald Trump has renewed his criticism of Federal Reserve Chair Jerome Powell, calling for his removal and blaming the central bank’s leadership for delaying interest rate cuts. Trump's comments, made both online and...

Business

Egypt slashes benchmark interest rates in April 2025 decision

manamalive.comApril 17, 2025April 17, 2025

by manamalive.comApril 17, 2025April 17, 20250283

The Central Bank of Egypt (CBE) announced on April 17, 2025, that it has reduced key interest rates by 225 basis points. The decision was made during a meeting of the CBE’s Monetary Policy Committee...

Business

Concerns mount over US commitment to IMF and World Bank

manamalive.comFebruary 27, 2025February 27, 2025

by manamalive.comFebruary 27, 2025February 27, 20250250

Concerns over the United States' commitment to global financial institutions are intensifying following U.S. Treasury Secretary Scott Bessent’s absence at recent G20 meetings. His no-show has fueled speculation about a potential U.S. retreat from the...

EU considers countermeasures if US imposes new trade tariffs

manamalive.comFebruary 10, 2025February 10, 2025

by manamalive.comFebruary 10, 2025February 10, 20250240

The European Commission has requested further clarification regarding U.S. President Donald Trump's recent announcement of imminent tariffs on steel and aluminum exports from European Union countries. The Commission stated that it would not issue an...

Kremlin rebuffs Trump’s claim on BRICS currency, stresses investments

manamalive.comFebruary 1, 2025February 1, 2025

by manamalive.comFebruary 1, 2025February 1, 20250221

The Kremlin has dismissed a renewed warning from U.S. President Donald Trump about imposing tariffs on BRICS nations if they move to establish a common currency. Dmitry Peskov, spokesperson for the Kremlin, clarified that BRICS...

Business

10-year Treasury yield stabilizes as rate cut looms

manamalive.comAugust 26, 2024August 26, 2024

by manamalive.comAugust 26, 2024August 26, 20240307

U.S. Treasury yields remained relatively stable on Monday, with the 10-year note holding firm in the wake of Federal Reserve Chair Jerome Powell's latest comments, which strongly hinted at upcoming rate cuts. Amidst a volatile...

Central bank of Turkey lifts benchmark interest rate to 35 percent amid inflation woes

Business

Central bank of Turkey lifts benchmark interest rate to 35 percet amid inflation woes

manamalive.comOctober 26, 2023October 26, 2023

by manamalive.comOctober 26, 2023October 26, 20230414

In a decisive move to tackle rampant inflation, Turkey's central bank announced a significant hike to its benchmark interest rate from 30% to 35% this Thursday. This adjustment aligns with the forecasts made by economists...