World Business
US Waives Iran Oil Sanctions for 60-Day Peace Talks
The United States temporarily lifted sanctions on Iranian oil exports on Monday, a move linked to 60-day peace negotiations aimed at allowing...
World Business 132 articles
World Business
Cuba Eases 46 Private Sector Bans to Combat Humanitarian Crisis
Facing a severe humanitarian crisis exacerbated by a U.S. oil blockade, Cuba has eased 46 long-standing restrictions on its private sector, allowing...
World Business
IMF Cuts 2026 Global Growth Forecast to 3%, Citing Iran War Risks
The IMF has lowered its 2026 global growth forecast to 3%, the second cut this year, attributing the revision to 'uncertainty and...
World Business
IMF Chief Praises Milei’s Austerity, Argentina Debt Outlook Strengthens
IMF Managing Director Kristalina Georgieva lauded President Javier Milei's austerity measures, stating Argentina is better positioned to meet its $58 billion debt...
World Business
OPEC+ Boosts Output Amidst Cartel’s Uncertain Future
OPEC+ countries have agreed to increase output targets, but the cartel faces existential challenges following the UAE's departure and internal divisions.
World Business
Trump Imposes Double-Digit Tariffs on 60 Nations Over Forced Labor Concerns
President Trump has enacted new 10% to 12.5% tariffs on imports from 60 countries, citing inadequate enforcement of forced labor bans.
World Business
Meliá Exits Cuba: Sanctions Force Spanish Hotel Chain’s Full Withdrawal
Spanish hotel giant Meliá is completely shuttering its Cuba operations due to U.S. sanctions and an energy blockade, dealing a major blow...
World Business
Japan’s June Trade Deficit Widens to ¥406.9 Billion Amid Weak Yen, Iran Conflict
Japan's trade deficit unexpectedly expanded in June to ¥406.9 billion ($2.5 billion), driven by a depreciating yen inflating import costs and rising...
World Business
Ford Commits $499M to Canada Engine Plant, CEO Defends USMCA Renewal
Ford Motor Co. is investing C$700 million ($499 million) in its Windsor, Ontario engine plant following a new union contract, while CEO...