Business & Market
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Tariffs spat: Carney bets Canada can defy Trump

Canada is facing new US import penalties after Prime Minister Mark Carney refused to match US tariffs on China. Other countries are watching as the Trump trade clash turns into a fight over economic sovereignty....

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US Expands Sanctions on Iran: Targeting Crypto, Gold, Aviation, and Shipping

The US is expanding sanctions on Iran’s financial networks, targeting crypto, gold, aviation and shipping. US Treasury Secretary Scott Bessent has unveiled a new phase of Washington’s economic campaign against Iran, this time aimed not...

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Trump says Canada to face 50% auto, steel tariffs from 2027

The latest threat comes after the neighbors failed to reach a deal to avert a 50% US levy on a range of other Canadian goods. Ottawa says it plans to impose retaliatory tariffs. US President Donald...

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India’s Petroleum Economy in 2026: Balancing Dependence and Transition

The Scale of the Appetite : India is now the world’s third-largest oil consumer, burning through approximately 5.99 million barrels of petroleum per day a figure that continues to climb even as the global energy...

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Can India, Europe produce solar energy without China?

With China dominating every step of the solar energy production chain, governments in India and Europe are looking to reduce their overreliance on a single supplier. In December 2025, Italy awarded more than 1.1 gigawatts...

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EIB announces largest-ever loan: €3 billion to Airbus

The European Investment Bank (EIB) has said the loan, the largest in its history, is aimed at helping boost the EU planemaker’s research efforts. The money will be directed to commercial and defense projects. The...

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Southeast Asia’s New Security Network: Challenging China in the South China Sea

Countries across the region are expanding defense cooperation in ways that change the South China Sea equation but fall short of a new anti-China bloc. For years, the South China Sea has been seen as a potential...

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US-Iran deal: When will oil prices fall?

A potential US-Iran deal to end the war and reopen the Strait of Hormuz could ease the global energy crunch, but oil prices and supplies may take months to stabilize as shipping restarts and infrastructure...

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The Phantom Cash Crunch: Why India’s ATMs Are Facing a 2026 Dry Spell

Walking past the shuttered doors and “No Cash” signboards of automated teller machines (ATMs) across India over the past three months has triggered a collective, uneasy sense of vulnerability. During March, April, and May 2026,...

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US plans extra tariffs for 60 countries over forced labor

A new wave of Trump tariffs could unsettle US trade partners which have already signed new trade deals or have been negotiating them for months. US President Donald Trump’s administration is proposing additional tariffs of 10% or...

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Geopolitical Shockwaves: How the US-Israel-Iran War is Disrupting Global Markets

The International Energy Agency declared that the combined force of US and Israeli military operations against Iran which began on February 28 2026 together with the March 4 closure of the Strait of Hormuz created...

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How China became Russia’s economic lifeline

Hot on the heels of Donald Trump’s visit, Russian President Vladimir Putin travels to Beijing for talks with Xi Jinping. DW explores how China’s trade and financial support is helping keep Russia’s economy afloat. Russia may...