May 16, 2025
OECS trade ministers meeting against shifting global trading arrangments
Trade ministers from the Organisation of Eastern Caribbean States (OECS) began a two-day meeting here against the backdrop of a changing global trade environment and the need for the sub-region to respond appropriately to those changes. Grenada’s…
May 8, 2025
Fed holds interest rates steady, defying pressure from Trump
The Federal Reserve held interest rates steady on Wednesday, just weeks after President Donald Trump intensified calls for lower borrowing costs and voiced eagerness about Fed Chair Jerome Powell's potential "termination." The move marked the Fed's…
May 1, 2025
US economy shrank at start of Trump’s 2nd term
The U.S. economy shrank over the initial months of President Donald Trump’s second term as a flurry of tariff proposals stoked uncertainty among businesses and consumers. U.S. gross domestic product, or GDP, declined at a 0.3% annualized rate over…
April 21, 2025
China warns countries against striking trade deals with US at its expense
BEIJING, April 21 (Reuters) - China on Monday accused Washington of abusing tariffs and warned countries against striking a broader economic deal with the United States at its expense, ratcheting up its rhetoric in a spiralling trade war between the…
April 17, 2025
Fed Chair Powell sounds alarm on tariffs, sending stocks lower
Federal Reserve Chair Jerome Powell said Wednesday that he expects President Donald Trump's tariffs policy to cause higher inflation and slower economic growth, complicating potential central bank efforts to ease the fallout. "The level of the…
April 16, 2025
China Q1 GDP growth beats expectations, but US tariff shock dims outlook
BEIJING, April 16 (Reuters) - China's first-quarter economic growth beat expectations, underpinned by solid consumption and industrial output even as policymakers brace for the impact of U.S. tariffs that analysts say pose the biggest risk to the…
April 9, 2025
Stocks slide in Asia as recession fears pummel sentiment, oil hits 4-yr lows
SYDNEY, April 9 (Reuters) - Stocks in Asia extended a slide on Wall Street on Wednesday as President Donald Trump looked set to press ahead with whopping 104% tariffs on Chinese goods, pummelling oil prices to four-year lows as global recession…
April 6, 2025
US starts collecting Trump’s 10% tariff, smashing global trade norms
WASHINGTON/JUPITER, Florida, April 5 (Reuters) - U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to…
April 1, 2025
CARICOM aligning tax treaty with international standards
A senior official of the Guyana-based Caribbean Community (CARICOM) Secretariat Monday said that the 15-member regional integration grouping is moving towards updating their tax treaties to align them with international standard and rules. The…
March 28, 2025
US stocks tick up in 1st trading since Trump’s auto tariffs announced
U.S. stocks ticked higher on Thursday in the first trading since President Donald Trump announced 25% auto tariffs. The tariffs have escalated a global trade war and prompted forecasts of higher car prices. The Dow Jones Industrial Average climbed…