Read the latest news from regional and global sources, presenting different voices and perspectives.
Gold Declines Amid Weakening Rate-Cut Expectations and Escalating Global Trade Tensions
Sada Elbalad
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July 8, 2025
Tue 08 Jul 2025 | 03:00 PM Gold prices saw a slight decline during Tuesday’s trading session, pressured by a stronger U.S. dollar and waning expectations for imminent interest rate cuts by the Federal Reserve. This comes as concerns mount over the...
South African rand steady on hopes for further trade talks with the US
Business Recorder
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July 8, 2025
JOHANNESBURG: The South African rand was steady on Tuesday, buoyed by hopes the country could still salvage a less damaging trade deal with the United States after President Donald Trump extended a tariff deadline to August 1. Trump informed...
Government funds six projects to tackle UK food insecurity and improve healthy access
New Food Magazine
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Six projects across the UK receive £8.5 million funding from UK Research and Innovation (UKRI) to tackle food inequality and improve public health. The UK Government is investing £8.5 million in six regional projects aimed at tackling food...
Goldman hires former UK Prime Minister Rishi Sunak as an adviser
News India Times
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July 8, 2025
Rishi Sunak departs the Conservative Party’s headquarters in London on July 5, 2024. MUST CREDIT: Hollie Adams /Bloomberg Former UK Prime Minister Rishi Sunak is rejoining Goldman Sachs Group Inc. as a senior adviser, two decades after he left the...
Indonesia's Finance Ministry Addresses Trump's 32% Tariff, Says Talks Ongoing
Tempo.co
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July 8, 2025
TEMPO.CO, Jakarta - Finance Minister Sri Mulyani Indrawati has responded to U.S. President Donald Trump’s decision to maintain a 32 percent tariff on Indonesian products. She stated that the Ministry of Finance will coordinate with other...
Government acts as guarantor for Portishead railway
BBC
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Sophia AllsoppBBC News, West of England ShareSave The line from the North Somerset town to Bristol is expected to open in 2028 The government has announced it will be financially supporting the revival of a defunct rail line between Portishead in...
Supermarkets ‘in limbo’ over Government action on deforestation in supply chains
The Irish News
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Several British supermarkets say they are in “limbo” as they wait for Government progress on tackling illegal deforestation in supply chains. Tesco, Sainsbury’s and Lidl are among those calling on ministers to enact promised due diligence laws...
Trump's Tariff Hike Risks Mass Layoffs in Indonesian Textile Sector, Says Economist
Tempo.co
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July 8, 2025
TEMPO.CO, Jakarta - President of the United States Donald Trump has announced a 32 percent import tariff on Indonesian products. Achmad Nur Hidayat, an economist and public policy observer at UPN Veteran Jakarta, warned that the policy could...
National Service Authority farms over 5,000 acres of maize to support government’s ‘Feed Ghana’ Project
Joy FM
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July 8, 2025
The Deputy Director for Operations at the National Service Authority, (NSA), Fuseini Donkor, says the Authority has farmed over 5,000 acres of maize this year to support the government's "Feed Ghana" project. According to him, the target is to...
International Trade expert calls for rigorous monitoring of 24-Hour Economy programme
Joy FM
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July 8, 2025
Associate Professor of International Trade at the School of Economics, Finance and Law, Anglia Ruskin University, UK, Professor Evans Akwasi Gyasi, has called for robust and continuous monitoring of the 24-Hour Economy and Accelerated Export...
Markets close higher as late session buying lifts indices amid US-India trade deal optimism
The Hindu Business Line
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July 8, 2025
Markets ended Tuesday’s session on a positive note, with the Sensex gaining 270.01 points or 0.32 per cent to close at 83,712.51 and the Nifty 50 advancing 61.20 points or 0.24 per cent to settle at 25,522.50. The indices recovered from a sideways...
70% of CEOs in Ghana confident of economic growth in 2025 – PwC report
Joy FM
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July 8, 2025
The 28th Annual CEO Survey published by auditing and accounting firm, PwC has revealed that 70 percent of Chief Executive Officers (CEOs) in Ghana are confident of economic growth in 2025. The survey further showed that 48 percent of CEOs in Ghana...
Case Western Reserve University economist joins national AI labor study backed by $1.6M Sloan Foundation grant
The Daily - Case Western Reserve University - Ohio
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July 8, 2025
Case Western Reserve University economics professor Mark Schweitzer has joined a new, multi-university research collaboration examining the impact of artificial intelligence (AI) on workers and the labor market—an urgent area of inquiry as AI...
Ghana’s IMF programme hit by major policy slippages and reform delays
Joy FM
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July 8, 2025
Ghana’s $3 billion programme under the International Monetary Fund’s 36-months Extended Credit Facility (ECF) has been flagged for significant policy slippages and delays in reform implementation, according to the Fund’s latest review. The IMF...
Rajeev Chandrasekhar says CPI(M) destroyed Kerala’s economy, calls support to Bharat Bandh "ironic"
Asianet Newsable
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July 8, 2025
Kerala BJP president Rajeev Chandrasekhar criticized CPI(M)'s support for the Bharat Bandh, highlighting the party's alleged role in damaging Kerala's economy. Thiruvananthapuram (Kerala) [India], July 8 (ANI): Kerala BJP president Rajeev...
Dun & Bradstreet Global Survey Of 10 000 Executives Uncovers Intensifying Strategic Risks Across Supply Chains, Trade And Investment Flows
Financial IT
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July 8, 2025
Dun & Bradstreet , a leading global provider of business data and analytics, today released its Global Business Optimism Insights report, demonstrating the lowest level of optimism for the upcoming quarter since late 2023. The report reflects the...
Trump’s new 30% tariff less about trade and more about power
The Citizen (South Africa)
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July 8, 2025
US president Donald Trump followed through on his April threats and hit South Africa with a 30% tariff. Economists say there is not much new about US President Donald Trump’s new 30% tariff, which will be levied on all goods imported into the US...
Britain remains trapped in poor economic policy
The Guardian
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July 8, 2025
Randeep Ramesh certainly tackles a worthwhile and complex modern economic policy conundrum (Labour could find the money it wants without raising taxes. This is austerity by amnesia, 29 June). But his opinion that the Bank of England should simply...
Policy Updates | Trump announces next trade moves
Profarmer
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July 8, 2025
Trump’s trade moves... President Donald Trump signed an Executive Order (EO) that extends the effective date on the tariffs announced April 2 to Aug. 1. The tariffs initially were to take effect July 9. The brief order formalizes what Trump and...
Kospi soars nearly 2 percent with U.S. trade talks extended to August
Korea JoungAng Daily
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July 8, 2025
Published: 08 Jul. 2025, 20:11 A screen in Hana Bank's trading room in central Seoul shows the Kospi closing at 3,114.95 points on July 8, up 55.48 points, or 1.81 percent, from the previous trading session. [NEWS1] Korea's main Kospi bourse...