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Prolonged energy disruption to widen India trade deficit, strain fiscal account, Moody’s says
A prolonged disruption in energy supply can widen India's trade deficit and strain the fiscal account of the world's fastest-growing major economy, according to rating…
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With tariffs stalled, Trump’s China policy drifts
When President Donald Trump returned to office in 2025, he vowed to use tariffs to reset relations with China, which he said was "killing" the…
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Mexico eyes early trade deal on steel, aluminum, autos ahead of USMCA
Mexico's President Claudia Sheinbaum said on Monday that Mexico is interested in reaching an agreement, prior to completing the review of the U.S.-Mexico-Canada trade pact,…
Chile, US to sign agreements on mining and security
Chile and the United States will sign agreements on mining and security on Monday, the Chilean government said.
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India and South Korea plan $50 billion trade push with new deals
India and South Korea said on Monday that they would boost their economic ties by expanding cooperation in energy, critical minerals, shipbuilding, semiconductors and steel…
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UTC Overseas launches UTC Project Argentina in Buenos Aires
UTC Overseas is proud to announce the latest addition to its strategic growth initiative with the opening of UTC Project Argentina in Buenos Aires. This…
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Shipping firms seek clarifications before crossing Hormuz
Shipping companies have cautiously welcomed Iran's announcement that the Strait of Hormuz is open but said they would require clarifications before vessels move
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Wall St climbs at open after Iran says Strait of Hormuz open
Wall Street's main indexes opened higher on Friday after Iranian Foreign Minister Abbas Araqchi said the Strait of Hormuz was open following a ceasefire accord…
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US is leading G20 initiative to ensure fertilizer access
The U.S. is urging G20 members and the International Monetary Fund and World Bank to take coordinated action to ensure access to fertilizer amid disruptions…
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Oil falls by over 11% after Iran FM declares Strait of Hormuz open
Oil prices plunged by about 13% on Friday after Iran's foreign minister said passage for all commercial vessels through the Strait of Hormuz was