The US is discussing sanctions relief for Iran, President Donald Trump wrote on Wednesday, acknowledging a key ceasefire demand from Tehran one day after he threatened to destroy the country.
World Bank President Ajay Banga said on Tuesday the war in the Middle East would result in some degree of slower growth in the global economy and higher inflation, regardless of how quickly it ended.
The Indian rubber industry is experiencing a surge in investment in technology and exports. The global market is projected to face a deficit of 400,000 tons by 2026 due to unfavorable weather conditions.
The U.S. government has so far rejected requests from Ford Motor ( and other U.S. automakers for relief from aluminum tariffs after fires at a Novelis plant created supply bottlenecks for vehicles, the Wall Street Journal reported on Tuesday.
President Donald Trump said on Tuesday evening he will suspend planned military strikes against Iran by two weeks, with Tehran signaling it was open to a conditional ceasefire.
Concerns among central banks about geopolitical tensions have surged dramatically this year and are now viewed as the top global risk, according to a new survey of central banks managing more than $9.5 trillion in reserves.