South Africa’s 2025 Budget Raises Economic Concerns Amid Tax Adjustments and Growth Woes
South Africa’s economic trajectory continues to raise alarm as the National Treasury projects a sluggish real GDP growth rate of just 1.7% over the Medium-Term Expenditure Framework (MTEF) period. Deep-rooted structural constraints, declining investor sentiment, and chronic issues in the…
US-China Trade Tensions Resurface Over Huawei’s AI Chips Following Truce
After a temporary truce between the United States and China on trade tensions, relations have quickly soured once again—this time over Huawei’s advanced semiconductors. The ongoing dispute underscores the complexities of the trade relationship between the two global giants, particularly…
Germany’s Economic Revitalization Plan: Risk, Speed, and Strategic Investments
As the German economy faces challenges from stagnation and global competition, Katherina Reiche, the newly appointed Minister for Economic Affairs and Energy, has outlined a clear vision for recovery. Speaking at the Ludwig Erhard Summit in Bavaria, Reiche emphasized that…
Three American Products Likely to See Price Hikes Due to New Metal Tariffs
A 25% tariff on steel and aluminum imports into the United States is set to take effect next month, impacting major trade partners like Canada, Mexico, Brazil, and the European Union. The expanded tariff measures, announced by President Donald Trump,…
Budget 2025: Tarun Wig, Co-founder & CEO of Innefu Labs, Calls for Investment in AI, Cybersecurity & Indigenous Tech
As India prepares for Union Budget 2025, Tarun Wig, Co-founder & CEO of Innefu Labs, highlights the urgent need for greater government investment in indigenous technology development, particularly in artificial intelligence (AI), cybersecurity, and data analytics. A strong emphasis on…
Myntra’s New Campaign Highlights M-Now Delivery Riders in Trendy Fashion Statements
Myntra, one of India’s leading fashion e-commerce platforms, has taken an innovative approach to marketing its services by featuring the faces of its M-Now delivery riders in its latest campaign. Launched in December 2024, M-Now is Myntra’s 30-minute delivery service…
India Rushes to Secure Russian Crude Shipments Before New Sanctions Take Effect
India’s state-run refiners are making a last-minute push to accelerate payments for Russian crude, fearing that new U.S. sanctions, which come into force next month, will severely disrupt access to discounted oil. The refiners are trying to settle payments in…
Britain’s Economy Faces Slow Growth Amid Tax Shifts and Global Uncertainty
Britain’s economy has entered a phase of slow recovery, as reflected in its November GDP growth of 0.1%. This figure, while an improvement over the prior months of contraction, fell short of the anticipated 0.2% growth. The modest rise underscores…
India’s Economic Slowdown: Challenges in the Post-Boom Era
India’s economic trajectory has taken a noticeable turn, with the current fiscal year expected to deliver a growth rate of 6.4%, the slowest in four years. This represents a significant shift from the optimistic era of 8% growth seen in…
China’s Economy Grows 5% in 2024 Amid Export Surge and Domestic Challenges
China’s economy recorded a 5% growth rate in 2024, driven primarily by robust exports and a $1 trillion trade surplus. This performance, announced by the National Bureau of Statistics, met the government’s target of “about 5%” and reflected a slight…