Japan's FY2027 Budget Requests Projected to Top 130 Trillion Yen
Japan's budget requests for fiscal 2027 are expected to surpass 130 trillion yen, reflecting rising spending pressures.
Economy
Iran approves Iraqi oil tanker passage through Strait of Hormuz
Iran has approved the transit of Iraqi oil tankers through the Strait of Hormuz, following repeated requests from Baghdad.
US Imposes 50% Tariffs on Canadian Goods as Trade Talks Collapse
The US has imposed 50% tariffs on $20 billion of Canadian goods after trade talks failed, prompting Canada to suspend negotiations and vow retaliation.
US Navy escorts 15 million barrels through Hormuz as Iran standoff persists
US military helped move 15 million barrels through Strait of Hormuz; total flows near 20 million as tensions with Iran continue.
US and Iran Trade Threats Ahead of New Sanctions as Hormuz Traffic Collapses
US-Iran tensions escalate as new sanctions loom, oil traffic through Hormuz plummets, and both sides signal resolve.
Canada, US Race Clock as 50% Tariff Deadline Nears
Canadian and US negotiators are in final-stage talks to avert 50% tariffs on Canadian goods set to take effect Saturday.
Trump Says Economic Growth Will Tackle $40 Trillion Debt
Trump downplays record $40T debt, citing growth; praises outgoing press secretary; hints at Canada, Mexico trade deals.
Ebola gathering ban silences Goma's cultural revival
An Ebola outbreak has forced a ban on public gatherings in Goma, DRC, stalling the city's cultural revival and hurting local businesses.
Fitch Holds Poland at 'A-' but Warns on Fiscal Path
Fitch affirmed Poland's 'A-' rating with a negative outlook, citing fiscal risks and a widening budget deficit.
Lula and Trump Discuss Tariffs in Phone Call, Agree to Fast-Track Talks
Brazil's Lula and US President Trump spoke by phone about new tariffs, agreeing to hold talks between officials soon.
Bolivia's Paz Endures a Week of Political and Economic Turmoil
Bolivian President Rodrigo Paz faces a mounting crisis after a week of political defections, economic unrest, and a scandal involving a top adviser.
El Niño Returns to Threaten Panama Canal, Global Shipping
El Niño is strengthening, threatening the Panama Canal's water supply and prompting new limits on daily ship transits.
Bolivia removes economy minister after congressional censure
Bolivia's government replaces economy minister Jose Gabriel Espinoza after Congress censured him, deepening a political crisis over austerity and IMF talks.
Oil climbs as Trump warns of sanctions on Iran's trading partners
Crude prices rose after Trump threatened sanctions on Iran's partners, with supply concerns persisting amid low Hormuz traffic.
Trump's Beef Import Plan Draws Fire From Republican Ranchers
Trump announces temporary beef import plan to lower prices, but Republican ranchers warn it will hurt domestic producers.
Japan's Record Defense Budget Request Raises Regional and Domestic Questions
Japan's largest-ever defense budget request has drawn scrutiny over its regional implications and the potential strain on public finances.
Iran-Linked Tanker Seized as Somali Piracy Resurges Off Yemen Coast
Armed men seized the Iran-linked tanker Sibu 1 off Yemen, marking the 13th such attack this year as Somali piracy resurges.
Tunisia's Olive Oil Exports Hit Record High, Revenue Up 44%
Tunisia's olive oil exports surged 55.3% to a record 368,000 tons in the first nine months of the season, earning $1.6 billion.
Trump vows 'economic D-Day' against Iran as war nears six-month mark
With the Iran war nearing six months and weapons stocks low, Trump promises an 'economic D-Day' of unprecedented sanctions to force Tehran's capitulation.
US and Canada Resume Trade Talks as Tariff Deadline Nears
Top US and Canadian trade officials will hold a third day of talks in Washington as a Saturday tariff deadline looms.