Economy

​Washington, Jul 23 (EFE). – The administration of United States President Donald Trump announced Thursday new tariffs ranging from 10% to 12.5% on imports from 60 countries, arguing lax enforcement of forced labor bans. ​The new tariffs, announced by the office of Trade Representative Jamieson Greer, are intended to replace...

Berlin (EFE).- German Chancellor Friedrich Merz and French President Emmanuel Macron reaffirmed their commitment to defense cooperation during a Franco-German cabinet meeting on Friday, further strengthening ties between Berlin and Paris. The second ministerial meeting of its kind, co-chaired by the two leaders, took place at Augustusburg Castle, an 18th-century...

Washington (EFE).- Aerospace giant SpaceX aborted the thirteenth mission of its heavy-lift Starship rocket on Thursday, moments before ignition on the launchpad. The company stated it is currently unaware why its automated systems halted the launch sequence at zero countdown at Starbase, SpaceX’s launch facility on the eastern coast of...

São Paulo (EFE).- United States President Donald Trump administration’s announcement of a 25% tariff on some Brazilian imports, sparking friction between President Luiz Inácio Lula da Silva and Senator Flávio Bolsonaro ahead of the October elections. The progressive leader and the eldest son of former far-right President Jair Bolsonaro (2019-2022)...

By Raúl Bobé London, (EFE).- Nigel Farage, leader of the right-wing populist party Reform United Kingdom, announced on Tuesday his resignation as a Member of Parliament to run again in a special election in his district and reaffirm the electorate’s support following several funding scandals. “I thought about it hard,...

Brussels, June 25 (EFE).- The European Union (EU) on Thursday gave its final approval to the trade pact with the US, thereby removing the remaining customs duties on US industrial goods in exchange for a 15 percent tariff on European exports. The European Council formally adopted the agreement that European...

Guayaquil, Ecuador (EFE).- Ecuadorian President Daniel Noboa has formalized a new round of government downsizing, issuing three decrees to merge eight ministries and secretariats. This measure, announced earlier in June, mirrors a similar consolidation carried out nearly a year ago. In the decrees released on Friday, the president ordered the...

Évian, France (EFE).- The G7 summit kicked off on Monday, entirely overshadowed by a breakthrough deal between the United States and Iran reached just hours before President Donald Trump arrived in Évian. Upon arrival, Trump expressed confidence that the Strait of Hormuz would remain fully open by Friday. He made...

Washington, Jun 10 (EFE).- United States President Donald Trump cast doubt on Wednesday over the renewal of the USMCA free trade agreement with Canada and Mexico. «USMCA did one thing that I loved. After six years, it comes up for renewal. I don’t know that I’m going to renew it,»...

Miami, US (EFE).- NASA announced on Friday that the experimental X-59 aircraft has exceeded the speed of sound for the first time, a development it considers a major milestone in the effort to enable quiet supersonic commercial flights. The aircraft took off and landed at Edwards Air Force Base in...

Lisbon (EFE).- Portuguese Prime Minister Luís Montenegro stated on Wednesday that the government respects the right to strike, yet warned that the protest to demand the withdrawal of the proposed labor reform ended up affecting many people, especially those in sectors such as education, healthcare, and transportation. «We would never...

Mexico City, Jun 2 (EFE).- Mexico and Spain committed on Tuesday to work toward doubling bilateral trade and increasing investment by at least 50% by 2030, marking a new phase in their economic relationship supported by the modernized agreement between Mexico and the European Union. Minister of Economy, Trade and...