The US has warned Iran that closing the Strait of Hormuz in response to American strikes on its nuclear sites would be ‘economic suicide’ as the UK is warned it could be hit hard 04:18, 23 Jun 2025Updated 04:20, 23 Jun 2025 Iranian protesters and a child step on a poster with a vampire-like illustration … Read more
U.S. Federal Reserve Chair Jerome Powell attends a press conference following the issuance of the Federal Open Market Committee’s statement on interest rate policy in Washington, D.C., U.S., June 18, 2025. Kevin Mohatt | Reuters At U.S. Federal Reserve Chair Jerome Powell’s post-meeting press conference, the topic of tariffs — specifically, their impact on prices … Read more
WASHINGTON — President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast Tuesday. Citing “a substantial rise in trade barriers’’ but without mentioning Trump by name, the 189-country lender predicted that the U.S. economy — the world’s largest — would … Read more
Economic and geopolitical turmoil is forcing the Canadian and European space agencies to work together more closely, the organizations’ leaders said Friday as they signed a joint statement reaffirming their long-standing collaboration. At the Canadian Space Agency‘s headquarters south of Montreal, Josef Aschbacher, director general of the European Space Agency, said economic uncertainty and global … Read more