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  • global recession

Tag: global recession

Business
  • Reuters
  • Apr 08, 2025
Musk made direct appeals to Trump to reverse new tariffs, Washington Post reports

This exchange marks the highest profile disagreement between the President and Musk, the report said. It follows Trump’s unveiling of a 10 percent baseline tariff on all imports to the US along with higher duties on dozens of other countries.

Business
  • AFP
  • Apr 08, 2025
‘Stupidity’, ‘weakness’ – economists weigh in on Trump’s tariffs

Economists are voicing alarm over President Donald Trump’s steep tariffs on imports into the United States, sparking a trade war that experts say could tip many countries into recession.

PSX slumps over 2,000 points
Latest
  • Syed Raza Hassan
  • Apr 07, 2025
PSX plunges amid global selloff, Trump’s tariff plan fuels recession fears

Pakistan Stock plunge amid global equities rout as Trump adamant on US tariff plan, mounting risk of global recession.

Business
  • Reuters
  • Apr 07, 2025
EU seeks unity in first strike back at Trump tariffs

Such a move would mean the EU joining China and Canada in imposing retaliatory tariffs on the United States in an early escalation of what some fear will become a global trade war.

IMF director
World
  • Web Desk
  • Oct 13, 2023
IMF director highlights Asia-Pacific resilience amid global economic challenges

Latest

US President Donald Trump on Monday said that diplomatic contacts with Iran are continuing “at a rapid pace”: File Photo
  • Web Desk
  • 6 Hours ago
Iran talks continue, indirect contact with Hezbollah amid Lebanon-Israel tensions: Trump
The Carolina Hurricanes are just four wins away from capturing their first Stanley Cup in nearly two decades as they prepare to face the Vegas Golden Knights: File Photo
  • Web Desk
  • 7 Hours ago
Hurricanes vs Golden Knights: Hurricanes eye first Stanley Cup since 2006 as final begins
Traffic on the M-5 motorway was disrupted after high-voltage transmission lines fell onto the roadway during a severe windstorm, prompting the Motorway Police to divert vehicles to alternative routes: File Photo
  • Web Desk
  • 8 Hours ago
Traffic on M5 motorway diverted after high-voltage wires fall
Prime Minister Shehbaz Sharif said, during a meeting with European Union (EU) representative Kaja Kallas, Pakistan wants to further strengthen its multi-dimensional partnership with the West: File Photo
  • Web Desk
  • 9 Hours ago
Shehbaz, EU representative review regional situation, strategic cooperation
Seagate Technology has reached a $175 million deal to settle a shareholder fraud case over alleged undisclosed sales of hard disk drives to China’s Huawei Technologies: File Photo
  • Web Desk
  • 9 Hours ago
Seagate reaches $175mln deal in shareholder fraud case over Huawei drives sales
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