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NEW YORK: The Federal Reserve Bank of Atlanta forecast a sharp decline of 2.7% for US GDP in the first quarter of 2025. That would mark the worst quarter since the Covid era in mid-2020.

NEW YORK: On December 2, 1823, US president James Monroe declared that the American continent “was no longer to be considered as subjects for future colonization by any European powers.” With these apparently well-intended words, the “Monroe Doctrine” was born, which eventually became synonymous with US imperialism in Latin America.

NEW YORK: In advance of presidential elections on August 17, 2025, Bolivia’s Supreme Electoral Council on April 17 registered 11 political parties and five electoral coalitions. It will soon announce the final list of presidential candidates. Incumbent President Luis Arce, elected in 2020, candidate for the Movement to Socialism Party (MAS) and former economics minister under President Evo Morales, will head the list.

NEW YORK: The victory of the Liberal Party in the Canadian general elections held on April 28 is a big relief to India and the Prime Minister Narendra Modi as the NDP led by the Sikh extremist Jagmeet Singh suffered a big defeat losing its earlier capacity to influence the ruling Liberal government presently led by the Prime Minister Mark Carney.

Asia and Pacific region’s energy mix is central to achieving global net-zero targets, but it has a 20 per cent higher emission intensity than the global average. The rising energy demand, reliance on coal power generation, energy import dependence, and depth of energy-intensive manufacturing, and hard-to-abate sectors such as aluminium, cement, shipping, and trucking even make the region’s energy transition more challenging.

The United States of America President Donald J. Trump has completed his first one hundred days in office in his second non-consecutive term on April 29, Tuesday amidst continuing global disorder over his chaotic policies — unilateral tariffs hike, failure to establish peace in Gaza with Israeli killing spree continuing unabated and the U.S. economy is yet to adjust to the turbulence in the global economy set off by Trump's very own moves.

The US has become the biggest destabilizing factor in stoking global economic and trade frictions, severely undermining the international economic and trade order, a spokesperson from the China Council for The Promotion of International Trade (CCPIT) said on Monday.

NEW YORK: Since Donald Trump’s administration took office in January, the US Department of Homeland Security (DHS) has promoted its efforts to push migrants to “self-deport.” Assistant secretary for the Department of Homeland Security Tricia McLaughlin told reporters early this month that the United States is now recording “sky-high levels of reverse migration,” even as official deportation numbers are reportedly lagging. Trump also recently floated the idea of offering migrants a stipend and a plane ticket if they voluntarily return to their countries of origin.

Hit by the massive US import tariff, export-led China seems to have gone crazy as its No.1 export destination, the United States of America, has suddenly gone out of reach after US President Donald Trump’s prohibitive import tariff on China. Shockingly, China has issued a warning against countries seeking to strike a broader economic deal with the United States at its expense, ratcheting up its rhetoric in a spiralling trade war between the world's two largest economies.

Washington and Riyadh are reportedly close to a new $100 billion arms package as Trump's Gulf trip nears. The US is poised to offer Saudi Arabia an arms package worth well over $100 billion, sources told Reuters, saying the proposal was being lined up for announcement during President Donald Trump's visit to the kingdom in May.