
Serbia Faces Pressure as U.S. Talks Stall on Sanctions Against Russian-Owned Oil Firm NIS
Jul 14, 2025 10:13 am UTC| Politics Economy
Serbias negotiations with the United States over delaying sanctions on Russian-owned oil company NIS have hit significant roadblocks, according to Serbian Mining and Energy Minister Dubravka Djedovic Handanovic. Speaking...

Sweden’s June Inflation Rises 0.5% Monthly, Hits 2.8% Annually
Jul 14, 2025 08:06 am UTC| Economy
Swedens consumer prices rose 0.5% in June compared to May, according to final inflation figures released by Statistics Sweden (SCB) on Monday. On a year-over-year basis, the headline inflation rate reached 2.8%, reflecting...

EU, US Close to Trade Deal Amid Trump Tariff Threat
Jul 14, 2025 07:53 am UTC| Politics Economy
The European Union and the United States are reportedly nearing a major trade agreement, signaling progress in efforts to ease transatlantic tensions. EU Trade Commissioner Maros Sefcovic said on Monday that negotiations...

German Carmaker Stocks Drop as Trump Threatens 30% Tariff on EU Imports
Jul 14, 2025 07:51 am UTC| Business Economy
Shares of major German automakers declined on Monday after U.S. President Donald Trump announced a potential 30% tariff on European Union imports starting August 1, sparking investor concerns about escalating trade...

Asian Currencies Hold Steady Amid U.S. Tariff Moves and Strong Singapore, China Data
Jul 14, 2025 04:57 am UTC| Economy
Asian currencies were mostly flat on Monday after a week of losses, as investors remained cautious amid fresh U.S. tariff threats and mixed signals from global trade data. The U.S. Dollar Index edged up 0.1% during Asian...

China’s June Export Rebound Highlights Fragile U.S. Trade Truce
Jul 14, 2025 04:54 am UTC| Economy
Chinas exports gained momentum in June, rising 5.8% year-on-year, beating expectations and Mays 4.8% increase, as businesses accelerated shipments ahead of an August 12 tariff truce deadline with the U.S. Imports also...

BOJ May Raise Inflation Forecast Amid Rising Food Prices, Holds Off on Rate Hikes
Jul 14, 2025 04:53 am UTC| Economy
The Bank of Japan (BOJ) is likely to revise its inflation forecast upward for the current fiscal year due to persistent food price increases, especially rice, according to sources familiar with the matter. However, the...