On top of being the potential target of reciprocal tariffs by the United States from April 2 on, India has now been threatened with another type of US trade action.
The Trump administration's recent move to impose tariffs on Chinese, Mexican and Canadian goods as well as steel and aluminium imports in general is once again breaking with long-standing US trade policy, Statista reports.
Russia’s service sector came close to stagnation in March, according to the latest S&P Global PMI data, posting 50.1, just a tick above the 50 no-change benchmark. (chart)
Inflationary pressures remained marked. Firms had to contend with ongoing impacts of currency weakness.
Russia posted a historic 146 billionaires in this year’s Forbes rich list boasting a combined wealth of $625.5bn – a new record.
Sharpest rise in output in 2025 so far. Marked rise in new orders.
At least 264 aftershocks have been recorded following last week’s powerful earthquake in Myanmar, the Thai Meteorological Department’s Earthquake Observation Division said on April 2nd.
Poland's Purchasing Managers' Index (PMI) inched up 0.1 points to 50.7 in March, the economic intelligence company S&P Global said on April 1.
Despite decline in PMI, Erste analysts say there has been an improvement in the external environment thanks to fiscal stimulus programmes adopted by Romania's trading partners.
Serbia’s economic growth is projected to slow to around 3% in the first quarter of 2025, as political unrest and ongoing protests continue to disrupt the country, according to a flash estimate cited by President Aleksandar Vucic.
Growth is expected at 2.5-2.6% in 2025 according to Bosnia's central bank and IFI projections.
The Manufacturing Purchasing Managers’ Index (PMI) for Czechia, compiled monthly by market intelligence company S&P Global, posted 48.3 in March.
Russia’s economic slowdown continued with the S&P Global manufacturing PMI going into the red for the first time since April 2022, shortly after the war in Ukraine started, posting 48.2, less than the 50 no=change benchmark.
Czech National Bank (CNB) kept the interest rate unchanged at 3.75%, meeting wide market expectations. The rate is the lowest since January 2022.
Regime has struggled to stabilise the financial markets but, as things stand, the situation does not threaten its survival.
Decline reflects growing concerns over economic uncertainty and a potential recession.