IMF Boosts 2025 Asia-Pacific Growth Forecast to 4.5%
The IMF upgrades its 2025 growth forecast for the Asia-Pacific region from 3.9% to 4.5%, underscoring the region’s key role in global economic momentum.
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Jamaica Braces for Category 5 Hurricane Melissa
Jamaica is on high alert as Category 5 Hurricane Melissa nears, emptying shelves, boarding homes, and prompting mass evacuations hours before landfall.
U.S. Farmers Eye Soybean Surge After Trade Consensus with the Chinese Mainland
After two days of talks in Malaysia, U.S. farmers are optimistic that a new trade consensus with the Chinese mainland will boost agricultural exports, especially soybeans.
Brazilian Farmers Pivot Amid US Tariff Shake-Up
Brazilian farmers are adapting to US tariffs by boosting local consumption and diversifying exports, forging a resilient agricultural strategy in a changing trade landscape.
New US Port Fees on Chinese Vessels Push Up Freight Costs
Two weeks after the US imposed port fees on vessels from the Chinese mainland, freight rates have jumped up to 8%, adding inflationary pressure as the economy cools.
Small Peruvian Farms Thrive Under Peru-Chinese Mainland FTA
One year after the upgraded Peru–Chinese mainland Free Trade Agreement launch at the APEC Leaders’ Meeting, Peru’s small farms are reaping double-digit growth and new export opportunities.
Immigration Arrests Ignite Tensions in Chicago’s Old Irving Park
Federal agents clashed with residents in Chicago’s Old Irving Park during a Halloween parade, deploying tear gas amid a crackdown on undocumented immigrants.
China’s Premier Urges Swift RCEP Expansion at Kuala Lumpur Summit
Chinese Premier Li Qiang calls for faster RCEP expansion, supporting Hong Kong’s accession and upholding ASEAN centrality to strengthen the multilateral trading system.
Israel Asserts Security Control in Gaza Despite US-Brokered Truce
Israel will retain sole security control in Gaza under the US-brokered truce, even as an Egyptian technical convoy enters to search for missing hostages.
Trump to Impose 10% Tariff Hike on Canadian Goods Over Ontario Ad
President Trump plans a 10% tariff hike on Canadian goods over an Ontario ad, prompting backlash from Canada’s leaders, unions, and analysts flagging deeper trade frictions.