Avatar photo

admin

Trump’s tariffs will make poverty worse

Trump’s tariffs will make poverty worse 3

President Donald Trump warned of the “transition cost” from his tariff policies, as Wall Street stocks fell again over the worsening trade war with China.Editor’s note, August 7, 10:30 am ET: On August 7, Trump’s tariffs went into effect for…

Interest rates cut to 4% as UK inflation rises

Interest rates cut to 4% as UK inflation rises 16

UK interest rates have been cut to their lowest since March 2023 despite the Bank of England’s forecasts of a sharp rise in inflation due to rising food prices. The central bank decided to cut interest rates to 4% from…