Middle East Crisis Risks Prolonged Supply Disruptions, Warns Singapore PM

Middle East Crisis Risks Prolonged Supply Disruptions, Warns Singapore PM

Singapore, May 1: Singapore’s Prime Minister Lawrence Wong has warned that supply disruptions caused by the ongoing Middle East crisis may persist for several months. He indicated that the situation could worsen, increasing the risk of recession for several economies. Addressing a May Day rally, Wong stated, “Global inflation will rise, starting from energy to … Read more

Trump Imposes 25% Tariff on Canada and Mexico: Effective Immediately, Canada Retaliates with Counter Tariffs

Trump Imposes 25% Tariff on Canada and Mexico

Washington, March 4 – U.S. President Donald Trump has officially imposed a 25% tariff on imports from Mexico and Canada, effective from Tuesday. The announcement, made during a press conference on Monday, also includes an increase in tariffs on Chinese imports, raising the previous 10% tariff to 20%. In a swift response, Canadian Prime Minister … Read more

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