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The world’s largest economies stood at the precipice of all-out trade war as major US allies announced retaliation against stinging steel and aluminum tariffs that took effect on June 1.

Italy’s populist parties will be sworn in to power on Friday in Rome after they reached a new coalition deal, narrowly avoiding snap elections and setting in motion an anti-austerity government in the eurozone’s third largest economy.

[The Herald] Zimbabwe recently witnessed game-changing investment proposals, with companies from formerly hostile countries scouting for business opportunities, signalling positive results from re-engagement processes. President Mnangagwa yesterday said it was pleasing that giant multinational companies like General Electric from the United States were in the process of setting up shop ...

[Ethiopian Herald] Ethiopia, with its aspirations to transform its emerging economy from agriculture to export industry, has prepared Growth and Transformation Plans (GTPI and II) and been implementing several strategies for the realization. It has completed the implementation of GTPI with considerable achievements in the year 2015 and two years ...

[Ethiopian Herald] Ethiopia's GDP had been recorded to be in the double digits, uninterrupted for close to 15 years until now, and unseen in the nation's economic history. Likewise, those international financial juggernauts had not been reluctant to speak about it either; whatsoever the case, we are hearing same chorus ...

MADRID, 1 (EUROPA PRESS) La firma estadounidense Fidelity ha asegurado este viernes que el nuevo Gobierno de Pedro Sánchez, tras salir adelante la moción de censura, no tendrá "un gran impacto" en la estabilidad y las perspectivas de la economía española, según ha detallado en un comunicado.

MADRID, 1 (EUROPA PRESS) La Autoridad Independiente de Responsabilidad Fiscal (AIReF) mantiene su calificación de "improbable" el cumplimiento del objetivo de déficit del 2,2% del PIB para el conjunto de las administraciones públicas este año, por la menor contención del gasto derivada de los Presupuestos Generales del Estado ...

MADRID, 01 (SERVIMEDIA)

Thai Airways International's new chairman will be a senior official from the Ministry of Finance tasked with coordinating between the flag carrier and its majority owner, a senior government source said on Friday.

Finance Minister Taro Aso pressures U.S. Treasury Secretary Steven Mnuchin to permanently exempt Japan, but Trump appears determined to ding all of America’s allies.