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Supreme Court decision bolsters China’s negotiating position ahead of summit
The geopolitical balance has shifted in Beijing’s favor ahead of the summit between Xi Jinping and Donald Trump scheduled for March 31, after a US Supreme Court decision effectively removed...
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Bitcoin drops to $63K, down 50% from October's record high
Bitcoin (BTC) has fallen to $63,131, losing 50% of its value since its October peak. Uncertainty surrounding new US tariff policies and a decline in investor appetite for risk assets...
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Trump intends to impose tariffs despite legal bans
The European Commission has concluded that Trump’s global tariff is being added on top of existing duties, pushing total levies above the agreed 15% cap. This breaches the trade deal...
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US global tariffs capped at 10% after court curtails presidential powers
The Supreme Court limited President Donald Trump’s tariff authority, and new global trade levies took effect at a 10% rate at midnight on Tuesday, lower than the 15% level...
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US economy under Trump loses global envy, Bloomberg reports
According to Bloomberg, the US economy under President Donald Trump is showing signs of a structural slowdown. Small businesses with fewer than 500 employees, which account for nearly half...
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Analysts anticipate gold at $6,200 despite 9% slump in single session
A sharp rout in gold prices after the record high of $5,594 sparked investor concern, but UBS analysts say the fundamental drivers for further gains remain intact. After a 9%...
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UK PMI rises to 53.9 as manufacturing strength offsets slower services growth
The United Kingdom private sector recorded its strongest growth in 22 months in February, preliminary data from S&P Global shows. The composite PMI rose to 53.9 points from 53.7 points...
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BCA sees strong prospects ahead for China’s yuan
The Chinese yuan remains "undervalued and highly competitive," positioning Beijing to strengthen its national currency without losing its status as an export powerhouse. According to analysts at BCA Research...
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UK economy wakes up from hibernation: UBS expects GDP growth in 2026
The UK economy is set to begin recovering in 2026 after a period of stagnation in the second half of 2025. In a report published on Thursday, UBS says...
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Brussels urges US to honor trade commitments
The European Commission has called on the United States to clarify its future trade strategy, following last week’s US Supreme Court decision and President Donald Trump's subsequent comments about imposing...
