Roger Hearing hears how a massive power cut has hit Spain and Portugal, along with parts of France. Spanish power grid operator Red Electrica said it was working with energy companies to restore power.Also - the impact of US tariffs begins t
A new survey by the University of Michigan's Institute for Social Research has revealed that consumer confidence in the United States has seen its largest drop since 1990. In Canada voters go to the polls on Monday, and a big issue will be the
Donald Trump has signed a controversial executive order aimed at stepping up deep-sea mining within the US and in international waters. The Thursday order is the latest issued by the US president to try to increase America's access to minerals
China has said no to any trade talks until the US withdraws its tariffs, but which of the World's two superpowers will blink first and bring the growing trade war to a halt?Rahul Tandon finds out how children's Christmas presents could fall vic
As tensions rise, Pakistan says any attempt by India to limit its water supply will be seen as an act of war. This comes after India blamed Pakistan for the attack in India-administered Kashmir, and introduced a series of measures, including th
Beijing says the door for trade talks with the US is wide open, though it's also criticised President Trump's negotiating tactics. The Chinese Ministry of Foreign Affairs said Washington couldn't say it wanted to reach a trade agreement with Ch
President Trump says tariffs on China “will not be anywhere near 145%” but won’t be removed all together. It follows US Treasury Secretary Scott Bessent saying he expected a ‘de escalation’ in US China tariffs.The International Monetary Fund ha
The International Monetary Fund has slashed its outlook for global growth, adding that US tariffs and market uncertainty will lead to a significant worldwide slowdown.India and the US are making progress in negotiating a bilateral trade deal
Stocks tumble on Wall Street as the week begins. The reason seems to be President Trump's desire to replace the chairman of the Federal Reserve, Jerome Powell.The US Vice President JD Vance has met with India's prime minister Narendra Modi to d
US Vice President JD Vance has arrived in the Indian capital, Delhi, where he is due to hold talks with Prime Minister Narendra Modi amid global trade tensions sparked by Washington's tariff policies. The talks are likely to focus on fast-track
Tension has grown between President Trump and head of the Federal Reserve. Jerome Powell has faced fierce criticism from Donald Trump, who's accused him of being too slow to cut interest rates.We speak to Chinese manufacturers about the impact
As President Xi concludes his tour of key East Asian exporting nations, Will Bain explores what deepening ties with Cambodia could mean for the region which also faces the threat of high US tariffs. Also on the programme, the United States unve
The head of the International Monetary Fund, Kristalina Georgieva, has warned that economic growth will suffer due to global trade uncertainty that is "off the charts" due to the growing US-China trade war. Meanwhile President Donald Trump says
As the ECB cuts interest rates again, it would take a “wait and see” approach on whether planned tariffs trigger inflation across the Eurozone.With gold prices hitting a new record high — how do you actually go about buying the precious metal?A
The World Trade Organisation's director general, Ngozi Okonjo- Iweala, has warned that a trade war between the World's two largest economies could affect all countries globally. Rahul Tandon speaks to a boat building business in Michigan who fe
The World Trade Organisation says exports from North America will slump 12%. The WTO also said global trade output will decline 0.2% this yearFarmers in India are worried the price of saffron is being driven up by porcupines guzzling down the
Two years into a civil war, Sudan is home to the world's largest humanitarian crisis. The International Red Cross is urging all sides to stop attacks on civilian infrastructure. Also, President Trump claims China has withdrawn from a contract w
Luxury goods company LVMH shares take a tumble as the company suffers a 3% decline in first quarter salesChina's president Xi Jinping is heading to Malaysia in an attempt by Beijing to portray itself as a stable trading partner in contrast to
Meta, the tech giant behind Facebook, Instagram, and WhatsApp, faces a legal battle that could lead to its break-up. The landmark antitrust case kicked off in Washington today.Also in the US, consumer sentiment has taken a sharp downturn and in
Chinese leader Xi Jingping hits back at US tariffs as he starts his tour of East Asia, stating ‘The Trade war and tariff war will produce no winner’OPEC - the cartel of oil producing countries - has cut its forecast for growth in oil demand fo
The White House has insisted that President Trump’s tariffs will make the United States richer, despite the falling value of the US dollar. We hear from Tomas Philipson a former acting chairman of President Trump's Council of Economic Advisers
The US -China trade fight has just intensified as China has upped tariffs on US imports to 125%We look at the US agriculture sector which accounts for over 20% of US exports to China and valued at $36 billion in 2022. And what does tariffs me
President Donald Trump admits a period of difficult transition is inevitable as his trade policies continue to cause upheaval in international markets.And after the end of the Cold War, the world economy became integrated, and globalisation
The EU has paused retaliation tariffs against US. Spokesman for European Commission, Olof Gill, said the EU was ready to negotiatePresident Trump has hiked tariffs on Chinese goods by 125%, and the WTO is warning that trade between the U.S. an