Strong dollar is a problem for tomorrow: Capital Economics
Investing.com — A strong dollar has often been described as a “wrecking ball” for the global economy, driving up the cost of worldwide trade, tightening financial conditions, and inflation for countries, particularly those in emerging markets, but while king dollar
British growth plans get positive response in Davos, minister says
By Alexander Smith and Elisa Martinuzzi DAVOS, Switzerland (Reuters) – British industry and energy minister Sarah Jones said that meetings in Davos this week with CEOs considering where to make their next investment had been positive as the government took its
Trump pause applies to all foreign aid; Israel, Egypt get waiver, says State Dept memo
By Humeyra Pamuk WASHINGTON (Reuters) – U.S. President Donald Trump’s 90-day foreign aid pause applies to new and existing assistance, according to a State Department memo seen by Reuters on Friday, which also states that waivers have been issued for military
FTC Chair Ferguson wins first vote over Trump’s DEI purge
By Jody Godoy (Reuters) – U.S. Federal Trade Commission Chair Andrew Ferguson gained broad authority to purge diversity, equity and inclusion (DEI) policies at the agency after Democrats, who still have the majority on the commission, stood down. Ferguson, who has criticized
Shein tells UK lawmakers it does not allow Chinese cotton in products sold in US
By Helen Reid and James Davey LONDON (Reuters) -Online fast-fashion retailer Shein requires its contract manufacturers to only source cotton from approved regions, which do not include China, for products it sells in the United States, its biggest market, the company