Turkish Inflation Nears 60%, Piling Pressure on Central Bank
Turkish inflation accelerated much faster than expected with the sharpest increase since the start of 2022, underscoring the central bank’s challenge as it raises interest…
Biden’s Strategy Toward China Is ‘Doomed to Fail,’ Beijing Says
China criticized the Biden administration’s strategy toward Beijing as being “doomed to fail,” less than a week after Commerce Secretary Gina Raimondo’s visit to the…
Swiss Economy Stalls as Manufacturing Succumbs to Global Woes
Switzerland’s economy stalled in the second quarter as its manufacturing sector fell victim to waning global demand.
New Zealand Export Volumes Post Best Quarterly Gain in 10 Years
New Zealand saw its biggest jump in export volumes in 10 years in the second quarter, adding to signs the economy stabilized after starting the…
Turkey, Israel Discuss Natural Gas Exports With Eye on Europe
Turkish and Israeli officials held talks on energy cooperation as the two countries seek to broaden economic ties following years of friction.
Raimondo Cites Progress From China Trip, Too Early for ‘Trust’
US Commerce Secretary Gina Raimondo said her visit to China produced “a great deal of progress,” though “there can be no trust” unless Beijing takes…
Philippines caps rice prices amid hoarding, inflation risks
Philippine President Ferdinand Marcos Jr. has imposed ceilings on rice prices across the country amid an “alarming” increase in retail costs of the staple grain…
Canada launches challenges to US softwood lumber duties
Canada is launching challenges to the latest US duties on softwood lumber, arguing the “unjustified” tariffs are harming a key Canadian sector and driving up…
Ukraine seeks to boost crop exports via Danube despite attacks
The Ukrainian grain industry is lobbying the governments of Ukraine and Romania to set up anchorage areas in the waters of both countries to help…
Korea’s export slump eases in indication worst may be over
South Korea’s exports fell at a more moderate pace in August, offering signs of improvement in demand for semiconductors and adding to evidence of a…
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