The IAG share price has crashed hard this month, erasing most of its gains since last year, when it was one of the best-performing companies in the FTSE 100 index. It has dropped in the last three consecutive days, moving to a low of 210p, the lowest level since November…
Investors are moving rapidly into traditional safe haven assets after US President Donald Trump announced sweeping reciprocal tariffs last week, intensifying fears of a global economic downturn. Among the preferred refuges are the Japanese yen, Swiss franc, government bonds, and gold, analysts say.The Japanese yen, long considered a go-to asset…
Despite the global market turmoil triggered by President Trump’s tariffs, India remains optimistic about achieving its projected economic growth target of 6.3%-6.8% for the 2025/26 fiscal year (April-March), Reuters reported quoting a finance ministry officialThis confidence hinges on maintaining oil prices below $70 per barrel, providing a cushion against external…
President Donald Trump’s aggressive tariff measures could significantly impede economic growth in the Eurozone, potentially shaving off between 0.5 and 1 percentage points, according to Yannis Stournaras, the governor of the Greek central bank. Stournaras shared his concerns in an interview with the Financial Times published on Monday.His comments come…
Federal Reserve Chair Jerome Powell, known for decisive action in times of crisis, is signaling a different approach as the US economy navigates the turbulent waters of President Donald Trump’s trade policies. From pledging unwavering support during the Covid-19 pandemic to delivering a stern message on inflation and swiftly backstopping…
Notcoin (NOT) price has plunged over 12% as Bitcoin drops below $77,000 after a brief resilience following US retaliatory tariffs announced by President Donald Trump on ‘Liberation Day.’This dramatic decline underscores the fragility of smaller cryptocurrencies amid a turbulent economic landscape.Bitcoin, a dominant force in the crypto market, fell to…
China’s decision to impose a 34% tariff on all goods imported from the United States is a direct retaliation against President Donald Trump’s tariffs on Chinese goods. This escalation of the trade war between the world’s two largest economies is expected to have significant consequences for various industries in both countries,…
Global stock markets plunged on Monday, deepening last week’s heavy losses, as escalating trade tensions triggered renewed fears of a worldwide recession. London’s FTSE 100 bore the brunt, falling by 488 points, or 6%, to 7566 — its lowest level since February 2024.The fresh rout eclipsed even Friday’s near-5% slide,…
Donald Trump’s aggressive push for sweeping reciprocal tariffs is increasingly drawing sharp criticism not just from global trading partners, but also from his allies in the business community and his own party. What began as a bold economic move to shore up domestic manufacturing has now spiralled into a source…
Investors are moving rapidly into traditional safe haven assets after US President Donald Trump announced sweeping reciprocal tariffs last week, intensifying fears of a global economic downturn. Among the preferred refuges are the Japanese yen, Swiss franc, government bonds, and gold, analysts say.The Japanese yen, long considered a go-to asset…