IMF Cuts Global Growth Outlook Amid Trump Tariffs, Has Warning For India Too

New Delhi: The International Monetary Fund (IMF) said Wednesday that it will slow down in the coming months, primarily due to the trade war, as US President Donald Trump has caused sudden tariffs on virtually all trading partners. The IMF has warned that the US is facing an increased risk of recession as it downgrades […]

Google Warns Breaking Up Its Monopoly Would Harm U.S. in ‘Global Race with China’

The trial for a relief package to address Google’s search monopoly verdict began Monday in Washington, D.C., claiming that the breakup proposed by the DOJ puts the United States at a disadvantage against global competition for technical advantage, particularly China. CNBC Report As Google faces the outcome of its August ruling, the Tech giant is […]

Trump tariffs will throttle US, global economies: IMF

The century-high tariff levels imposed by President Trump are expected to bite against global economic growth this year, International Monetary Fund economists said Tuesday. The IMF has reduced its forecast for global gross domestic product (GDP) growth for 2025 from its January forecast of 3.3%. The US growth forecast marked growth of 1.8% from 2.7%, […]

Courier firm DHL to suspend global shipments of over $800 to US due to new customs rules

International courier DHL will temporarily suspend shipments to the US for declared value items worth more than $800, the company announced in a notice. From Monday, the company said it will stop collecting and shipping orders from overseas companies to private U.S. customers if the declared custom value exceeds $800. The suspension is temporary and […]

DHL Express to suspend global shipments over $800 to US consumers

Multinational logistics company DHL Express said changes in US customs regulations will halt global freight, worth more than $800 for American consumers, including Hong Kong. Germany-based DHL said the cargo halt will begin on Monday. The company said the move was a temporary measure. The company said the decision was taken in response to new […]

DHL Express to suspend global shipments of more than $800 to US consumers

Please see what you are clicking on foxbusiness.com. Multinational logistics company DHL Express said changes in US customs regulations will halt global freight, worth more than $800 for American consumers, including Hong Kong. Germany-based DHL said the cargo halt will begin on Monday. The company said the move was a temporary measure. The company said […]

About a sixth of global cropland likely polluted with toxic metals: Study

Up to 17% of the planet’s farmland can be contaminated by toxic heavy metals, new research finds. As many as 1.4 billion people live in areas where compounds such as arsenic, cadmium, cobalt, chromium, copper, nickel and lead are at risk in soils. Science. A team of multinational researchers led by Deyi Hou from Tinshua […]