Economy

BP to review oil and gas projects to boost profits

August 1, 2025

BP to scrutinize oil and gas projects for profit growth

Ava Martinez

BP is undertaking a strategic review of its oil and gas operations as part of a broader effort to enhance profitability and improve shareholder value. The move signals a renewed…

Economy

How South Korea's K-beauty industry is being hit by Trump tariffs

July 31, 2025

The consequences of Trump tariffs for South Korea’s K-beauty brands

Ava Martinez

South Korea's internationally acclaimed K-beauty sector is encountering heightened challenges due to tariffs implemented under the trade policies from the tenure of previous U.S. President Donald Trump. Originally applauded for…

Economy

After a blown deadline, what next for US-Canada trade?

July 31, 2025

US-Canada trade: what happens after a missed deadline?

Ava Martinez

The recent inability to reach a crucial trade deadline between the United States and Canada has created uncertainty among both governments and industry stakeholders regarding the future direction of their…

Economy

Confusion and anger in Switzerland - hit by highest tariffs in Europe

July 28, 2025

Switzerland grapples with confusion amid highest tariffs in Europe

Ava Martinez

The announcement of new trade tariffs has sparked widespread confusion and growing frustration in Switzerland, which now faces some of the steepest import duties among European nations. Businesses, economists, and…

Economy

Trump hits Brazil with 50% tariffs and sanctions judge in Bolsonaro case

July 27, 2025

Trump levies 50% tariffs on Brazil and sanctions Bolsonaro case judge

Ava Martinez

The United States, under the direction of former President Donald Trump, implemented a 50% tariff on select Brazilian imports, while also placing sanctions on a Brazilian judge involved in a…

Economy

EU-US tariff deal not finished yet, say Europeans unhappy with Trump's terms

July 27, 2025

European officials unhappy with Trump’s terms delay EU-US tariff agreement

Ava Martinez

Attempts to complete a commercial treaty between the European Union and the United States are ongoing, with European delegates expressing increasing dissatisfaction with the conditions suggested by the U.S., especially…

Economy

Trump says 'good friend' India may face up to 25% tariffs

July 26, 2025

‘Good friend’ India at risk of 25% tariffs, Trump says

Ava Martinez

Former U.S. President Donald Trump has indicated that India, a country he has previously described as a “good friend,” may be subject to steep tariffs—potentially reaching 25%—if trade imbalances are…

Economy

E.U.'s 0 billion-per-year spending on U.S. energy is unrealistic

July 25, 2025

Is $250 billion per year on U.S. energy feasible for the E.U.?

Ava Martinez

The ambitious initiative by the European Union to allocate an estimated $250 billion annually on energy imports from the United States is facing growing examination. Experts and policymakers are questioning…

Economy

US companies up against 'nightmare' tariff wall

July 25, 2025

‘Nightmare’ tariff walls pose problems for US companies

Ava Martinez

U.S. companies are encountering increasing obstacles in the form of rising global tariffs, as international trade dynamics grow more complex and less predictable. The evolving landscape of import and export…

Economy

Ireland 'not exactly celebrating' Trump's deal with EU

July 24, 2025

Irish officials downplay Trump’s EU trade pact

Ava Martinez

When former U.S. President Donald Trump brokered a trade understanding with the European Union, reactions across Europe were mixed. In Ireland, the reception was particularly reserved. Far from celebrating the…

Economy