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Trump's trade whiplash sends dollar into tailspin
Trump's trade whiplash sends dollar into tailspin
by  AFP

The mighty dollar is sliding sharply as President Donald Trump's turbulent trade agenda has battered US credibility in global markets and fanned fears of a self-inflicted economic downturn. "The market is re-assessing the structural attractiveness of the dollar as the world's global reserve currency and is undergoing a process of rapid de-dollarization," Saravelos said in a note to clients.

Hope sparkles anew for India's jewellers after US tariff pause
Hope sparkles anew for India's jewellers after US tariff pause
by  AFP

India's gems and jewellery industry is breathing a momentary sigh of relief after US President Donald Trump paused harsh tariffs that threatened to hit lucrative exports and tens of thousands of jobs. While Trump's pause has brought relief, India's exporters are keenly aware they could be in the same position in July.

AGOA: US-Africa trade accord hangs in the balance
AGOA: US-Africa trade accord hangs in the balance
by  AFP

The African Growth and Opportunity Act (AGOA), whose future is in doubt since Donald Trump returned to the White House, provides duty-free access to the United States for certain African products.

UK's unexpected economic rebound boosts govt amid Trump tariffs
UK's unexpected economic rebound boosts govt amid Trump tariffs
by  AFP

Britain's economy grew far more than expected in February, official data showed Friday, in a rare piece of good news for the Labour government as it grapples with unpredictable US tariffs. But Friday's figures exceeded economists' expectations of a much smaller 0.1 percent increase in GDP in February.

Apple’s iPhone 16 hits Indonesia stores after monthslong ban
Apple’s iPhone 16 hits Indonesia stores after monthslong ban
by  AFP

Smartphone buyers were cheered by shopkeepers in Jakarta on Friday after Apple's latest smartphone went on sale following a monthslong ban in Indonesia. Indonesia has also banned the sale of Google Pixel phones for failing to meet the 40 percent local parts requirement. mrc/ebe/tc