US to announce penalty import taxes for China - Fed raises key rate - African nations commit to free trade deal
The IMF has cut its global economic forecast for 2018 and 2019, citing above all rising import tariffs between the US and China. A fall in trade volumes and manufacturing orders could hit Germany particularly hard.
There was a time when "space" meant "space race." And that time was during the Cold War. Now, space is a race to collaborate — and not just with the usual suspects, but with new players like China, India or South Africa.
Germany’s development minister Gerd Müller is promoting a "customs-free trade deal in Africa" ahead of his seven-nation Africa visit. Experts say the real issues are being ignored.
Some emerging economies, including Turkey and Argentina, could be forced to cut spending to bridge yawning deficits. As interest rates continue to rise in the US and Europe, there is no respite for them any time soon.
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