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Tag : economic policy

Business

China pledges tech support, trade balance and market reforms

manamalive.com
by manamalive.com030
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.com
by manamalive.com063
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...
Egypt slashes benchmark interest rates in April 2025 decision
Business

Egypt slashes benchmark interest rates in April 2025 decision

manamalive.com
by manamalive.com0199
The Central Bank of Egypt has reduced key interest rates by 225 basis points in April 2025, adjusting deposit, lending, and discount rates to support monetary policy....
Concerns mount over US commitment to IMF and World Bank
Business

Concerns mount over US commitment to IMF and World Bank

manamalive.com
by manamalive.com0165
US Treasury Secretary Scott Bessent’s absence at G20 fuels fears of an American retreat from the IMF and World Bank, raising concerns over global financial stability....
EU considers countermeasures if US imposes new trade tariffs
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EU considers countermeasures if US imposes new trade tariffs

manamalive.com
by manamalive.com0171
The EU considers retaliatory action if the US enforces tariffs on steel and aluminum, stating such measures are unjustified and urging Washington to provide official details....
Kremlin rebuffs Trump’s claim on BRICS currency, stresses investments
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Kremlin rebuffs Trump’s claim on BRICS currency, stresses investments

manamalive.com
by manamalive.com0147
Moscow rebuffed Trump’s claims on BRICS forming a currency, asserting that the group is prioritizing joint investments rather than replacing the U.S. dollar in global trade....
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.com
by manamalive.com0337
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...