US-UK trade announcement: “this isn’t a deal, it’s an amuse-bouche” Politics The morning after the US-UK trade agreement was announced, experts are beginning to wrap their heads around what the deal entails, and reactions are trickling in. The overriding sense is that in the absence of any granular detail on what the deal means for several industries, there is still hope that the UK government can [...]
Tariff talks to dominate IMF-World Bank meetings Economics Finance ministers are poised to use this week’s International Monetary Fund (IMF) and World Bank’s gathering to strike up trade deals with bilateral partners as uncertainty continues to swirl around Donald Trump’s tariff plan. Senior politicians and economic heavyweights are flocking to Washington for the biannual gathering put on by the two global agencies, with [...]
High commodity prices could keep inflation elevated, World Bank warns COMMODITIES The World Bank has predicted that commodity prices will fall just three per cent in 2024 and four per cent in 2025.