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The European Union’s General Court has dismissed Poland’s legal complaints regarding €320 million ($333 million) in fines imposed by the EU in 2022 and 2023 over a dispute concerning judicial reforms. The ruling, announced on Wednesday, confirms the enforcement of
China has announced retaliatory economic measures against the United States following the implementation of 10% tariffs on Chinese imports by the administration of U.S. President Donald Trump. The new Chinese tariffs, set to take effect on February 10, include a
U.S. stocks declined on Monday following President Donald Trump’s announcement of new tariffs on China, Mexico, and Canada. However, major indices pared early losses mid-morning after Trump stated that tariffs against Mexico would be delayed by one month. The Nasdaq
The South Korean won fell sharply against the US dollar on Monday, reaching its lowest point of the year amid growing concerns over the economic impact of new tariffs announced by US President Donald Trump. The decline reflects increased uncertainty
The World Health Organization (WHO) and its partners have intensified support to Uganda in response to a recent outbreak of Sudan virus disease (SVD), a member of the Ebola virus family. This includes facilitating access to a candidate vaccine and
The Kremlin has dismissed a renewed warning from U.S. President Donald Trump about imposing tariffs on BRICS nations if they move to establish a common currency. Dmitry Peskov, spokesperson for the Kremlin, clarified that BRICS has no such plan and
Bitcoin surged past $105,000 following the Federal Reserve’s decision to maintain current interest rates, with Fed Chair Jerome Powell affirming that U.S. banks can serve cryptocurrency clients, provided they effectively manage associated risks. On Thursday, Bitcoin climbed 3%, trading just
Hedge fund Elliott Management has issued a stark warning about the cryptocurrency market, describing it as a speculative bubble that is on the verge of an “inevitable collapse.” In an investor letter first reported by the leading media houses, the
The Trump administration has reaffirmed its plan to impose 25% tariffs on all goods imported from Canada and Mexico, set to take effect on February 1. Economic experts warn that such tariffs could significantly increase consumer prices across various sectors,
Shares of H&M fell on Thursday after the Swedish fashion retailer reported lower-than-expected fourth-quarter sales, despite a slight increase in full-year operating profit. The company cited the later timing of Black Friday as a factor in the sales shortfall but