A trade war is not in the interest of the European Union or the U.S., Spain’s prime minister told CNBC Wednesday. “We share a strong transatlantic bond … our economies are very interlinked and I believe a trade war is not in the interest [of either party], neither for the U.S., neither for the European…
Inflation driven by tariffs is among the biggest market risks in 2025, Nicolai Tangen, head of the world’s biggest sovereign wealth fund, said Tuesday. “I don’t think I should give any advice to the U.S., but if you look at the risk to financial markets, I think inflation is for sure one, all driven by…
Khaldoon Al Mubarak, CEO of Mubadala, an Abu Dhabi sovereign wealth fund Marc Atkins | Getty Images Sport | Getty Images The world has yet to fully recognize the extent of change artificial intelligence will bring to every aspect of human life, the CEO of Abu Dhabi sovereign wealth fund Mubadala told CNBC at the…
If President-elect Donald Trump follows through with his threat to impose tariffs on Canadian goods, Ottawa is prepared to retaliate with levies that could take aim at the energy sector, Canada’s minister of international trade, Mary Ng, said Thursday. “Everything is on the table,” Ng told global markets reporter Seema Mody on CNBC’s “Squawk on…
Watch: Biden touts record of upholding democracy in farewell speech Outgoing US President Joe Biden warned of the dangers of an oligarchy gaining power as he delivered his farewell address and brought a decades-long career in politics to an end. “Today, an oligarchy is taking shape in America of extreme wealth, power and influence that…
Emergency crews at scene of Kazakhstan plane crash The Russian government has cautioned against promoting “hypotheses” about the cause of the crash of a Russia-bound passenger plane that killed 38 people in Kazakhstan on Wednesday. Footage of the wrecked fuselage appeared to indicate shrapnel damage and some aviation experts suggested the Azerbaijani Airlines plane may…
Civil servants caught having sex in their offices will face “severe measures”, the vice-president of Equatorial Guinea has warned after hundreds of allegedly pornographic videos were leaked to the public. The videos reportedly involve high-ranking civil servant Baltasar Ebang Engonga having sex with various women – including the wives of prominent officials – in his…
Michael Cohen, Donald Trump’s former fixer-cum-attorney, recently discussed this prediction, cautioning that Trump could announce an early win, particularly before mail-in votes are fully tallied. Donald Trump may declare victory early in the upcoming election, according to supporters, similar to 2020.(Reuters Photo) Cohen advised Americans to stay calm despite the potential for “frenzy” among Trump’s…
A Canadian spy agency warned Wednesday that New Delhi is using cyber technology to track separatists abroad, a day after accusing a top Indian official of authorizing violence that included the killing of a Sikh in Vancouver. It has been galling to watch and read the commentary on the showdown between India and Canada and…
Bloomberg | | Posted by Aditi Srivastava Oct 31, 2024 11:36 AM IST South Korea’s economy would likely suffer a contraction if Donald Trump returns to the White House and ratchets up tariffs against trading partners. South Korea’s economy would likely suffer a contraction if Donald Trump returns to the White House and ratchets up…
