Economy
'Tariff man': Trump's long history with trade wars
Donald Trump loves few things more than talking about his affinity for tariffs, but it's nothing new: he's been saying the same thing for decades. He has since joked that it is now his fourth favorite word, after love, God and family -- but his commitment to them remains as strong as ever.
Tariffs: Economic 'liberation' or straitjacket?
US President Donald Trump has made tariffs a cornerstone of his trade policy, insisting that they will revive American manufacturing while swelling government coffers.
What next for Venezuela as Trump goes after oil revenues?
President Donald Trump has revoked the licenses that allowed several transnational oil and gas companies to operate in Venezuela despite the country being under US sanctions. The cancellation of the licenses will prevent PDVSA from using oil to pay the foreign energy companies for gas, as it had been doing, Morillo explained.
OpenAI says it raised $40 bn at valuation of $300 bn
OpenAI on Monday said it raised $40 billion in a new funding round that valued the ChatGPT maker at $300 billion, the biggest capital-raising session ever for a startup. OpenAI has been riding on the success of its latest image-generation features in ChatGPT, the world-leading AI app and chatbot.
Falling inflation drives down poverty in Argentina: statistics agency
Argentina's poverty levels fell sharply in the second half of 2024 after leaping during the first months of Javier Milei's presidency, official figures showed Monday. The figures represent a dramatic improvement for the libertarian Milei, whose draconian austerity policies were blamed for driving up the poverty rate to 52.9 percent of the population in the first six months of 2024.
Trump confident in finding TikTok buyer before deadline
President Donald Trump again downplayed risks that TikTok is in danger of being banned in the United States, saying he remains confident of finding a buyer for the app's US business by a Friday deadline. When the last deadline passed, in January, TikTok temporarily shut down in the United States, to the dismay of millions of users. bur-arp/mlm
Wrexham reap financial rewards of Hollywood tie-up
Hollywood stars Ryan Reynolds and Rob McElhenney have helped Welsh football club Wrexham secure record financial results.
Spain coal mine blast kills five
Five people died and another four were seriously injured in a blast Monday at a coal mine in northern Spain's Asturias region, the nation's deadliest mining accident in decades. This is the deadliest mining accident in Spain since 1995 when 14 people died following an explosion at a mine in Asturias near the town of Mieres.
“Lucky Ones”: 10 African countries with lowest debt to IMF in March 2025
The International Monetary Fund (IMF) has identified 10 African countries with the lowest debt exposure in its update list on the continent for March 2025.
Economy
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