Bank of England Cuts Interest Rate to 4% in Historic Split Vote
The Bank of England cut interest rates to 4% in August 2025, marking the first reduction in over a year and the lowest level since March 2023. The decision, which came through a rare two-round vote, reflects growing tension between...
Read more
China’s Trade Surplus Slips Below Forecasts in July Despite Strong Export Growth
📌 Key Takeaways Exports Outperform, But Surplus Falls Short of Expectations China recorded a trade surplus of USD 98.24 billion in July 2025, falling short of the anticipated USD 105 billion. While the number came in under expectations, it still...
Read more
Trump Imposes 25% Tariff on Indian Imports Over Russian Oil Ties
✅Key Takeaways Trump Signs Order for New Tariffs on Indian Imports President Donald Trump signed an executive order on Wednesday introducing a new 25% tariff on all imports from India, citing India’s ongoing purchase of Russian oil as a significant...
Read more
U.S. Services Sector Stalls in July as ISM PMI Falls Amid Tariff Pressures
Key Takeaways ✅ U.S. Services PMI Nears Stagnation in July 2025 The U.S. services PMI slipped to 50.1 in July 2025, down from 50.8 in June, and well below market forecasts of 51.5, according to the latest ISM data. This...
Read more
Trump Plans Major Tariff Hike on Pharmaceutical Imports, Semiconductor Tariffs Coming Soon
📌 Key Takeaways Trump Announces Tariffs on Pharmaceuticals, Signals More to Come President Donald Trump announced on Tuesday that the U.S. will impose a new tariff on pharmaceutical imports, with plans to raise the rate sharply over the next 12...
Read more
