Tag: fears
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Basmati exports to Iran stop, become costlier for West Asia; industry fears heavy demurrage
With the continuing Israel-Iran conflict impacting business and trade, industry sources have pointed out that exports of basmati rice to Iran have stopped and...
US scolds Russia for stoking WW3 fears after Trump’s ‘playing with fire’ remark
US President Donald Trump’s envoy, Keith Kellogg, on Wednesday, May 28, scolded a top Russian official for stoking fears of World War Three after...
US jobless benefit claims fall last week as labour market remains strong despite recession fears
US applications for jobless benefits fell again last week as the labour market continues to hold up despite fears of a tariff-induced recession.Jobless claim...
Fitch economist: Tariff pause calms recession fears, but chaos continues
The US administration’s decision to pause the tariff hikes has brought some short-term relief to financial markets, easing fears of an immediate US recession,...
Wall Street sell-off: Dow crashes nearly 2,100 pts, Nasdaq sinks over 6% on tariff fears
Wall Street suffered steep losses on Thursday, giving back more than 70% of the previous session’s historic rally, as renewed tariff tensions reignited investor...
