World economy
Oil prices fall after Trump raises hopes of a U.S.-Iran nuclear deal
The Persian Gulf Star gas condensate refinery in Bandar Abbas, Iran, on Jan. 9, 2019. Ali Mohammadi | Bloomberg | Getty Images Oil prices fell sharply on Thursday on expectations that the U.S. and Iran may soon reach a deal over Tehran’s nuclear program. International benchmark Brent crude futures with July expiry were last seen […]
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CNBC’s The China Connection newsletter: U.S.-China relations have changed
The U.S. and China flags stand behind a microphone at the U.S. Embassy in Beijing on April 9, 2009. Frederic J. Brown | AFP | Getty Images This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. Each week, we’ll explore […]
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U.S.-China trade war pushed global supply chain near breaking point, new data shows
A general view shows container terminal in Hong Kong, China, April 23, 2025. Tyrone Siu | Reuters The trade truce reached between the U.S. and China arrived just as President Donald Trump’s tariffs took a big bite out of North American & Asian manufacturing, with a steep retreat in April purchasing activity after the rush […]
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Lutnick says 10% baseline tariff will stick around for “foreseeable future”
U.S. President Donald Trump holds a chart next to U.S. Secretary of Commerce Howard Lutnick as Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., on April 2, 2025. Carlos Barria | Reuters Commerce Secretary Howard Lutnick said Sunday that the 10% baseline tariff rate on imports from […]
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Disney, Abu Dhabi and a growing theme park capital at ‘crossroads’ of world
Ferrari World building in Abu Dhabi, United Arab Emirates on December 2nd, 2023. Nurphoto | Nurphoto | Getty Images Disney’s announcement last week that its newest theme park will be in Abu Dhabi offers further confirmation of the status of the United Arab Emirates as a global consumer crossroads located in the Middle East. At the […]
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CNBC’s Inside India newsletter: India looks ready for a deal with the U.S. — but at what cost?
US President Donald Trump and Indian Prime Minister Narendra Modi attend “Howdy, Modi!” at NRG Stadium in Houston, Texas, September 22, 2019. Tens of thousands of Indian-Americans converged on Houston on Sunday for an unusual joint rally by Donald Trump and Narendra Modi, a visible symbol of the bond between the nationalist-minded leaders. With many […]
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Britain set to become the first country to sign a trade deal with U.S., The New York Times reports
The U.S. Stars and Stripes flag hangs on Whitehall with the figure of Lord Nelson on the top of his column in Trafalgar Square, on 3rd June 2019, in London England. Richard Baker | In Pictures | Getty Images Britain is reportedly set to sign a trade deal with the U.S., making it the first […]
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Trump says news conference to be held on Thursday about major trade deal
U.S. President Donald Trump makes a sports announcement at the White House in Washington, D.C., U.S., May 5, 2025. Leah Millis | Reuters There will be an Oval Office news conference about a major trade deal with the U.S. on Thursday “with representatives of a big, and highly respected, country” at 10 a.m. EDT (1400 GMT), U.S. […]
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Trump’s ambassador to China sworn in ahead of high-stakes talks in Switzerland
U.S. President Donald Trump shakes hands with former U.S. Senator David Perdue during Perdue’s swearing-in ceremony to be the new U.S. ambassador to China, at the White House in Washington, D.C., U.S., May 7, 2025. Leah Millis | Reuters President Donald Trump’s pick for U.S. ambassador to China was sworn in on Wednesday, days before […]
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CNBC’s The China Connection newsletter: Tourism surge defies consumption slowdown
Tourists visit Pingyao Ancient City on the second day of the May labor day holiday on May 2, 2025 in Jinzhong, Shanxi province of China. Vcg | Visual China Group | Getty Images This report is from this week’s edition of CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving […]
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