economic policy Archives

China pledges tech support, trade balance and market reforms

kuwait-live.comMarch 7, 2026March 9, 2026

March 7, 2026March 9, 2026

BEIJING: China’s top economic and financial officials pledged expanded support for technology firms, a push toward more balanced trade and deeper capital market reforms during a news conference...

Business

Data show Trump trade war failed to cut US China trade gap

kuwait-live.comJanuary 17, 2026January 17, 2026

January 17, 2026January 17, 2026

WASHINGTON: More than seven years after President Donald Trump launched sweeping tariffs on Chinese goods, official data and widely cited economic studies show the measures raised costs inside...

News

Trump pressures Fed to cut rates amid tariff fallout

kuwait-live.comApril 24, 2025April 24, 2025

April 24, 2025April 24, 2025

U.S. President Donald Trump has renewed his criticism of Federal Reserve Chair Jerome Powell, calling for his removal and blaming the central bank’s leadership for...

Business

Egypt slashes benchmark interest rates in April 2025 decision

kuwait-live.comApril 17, 2025April 17, 2025

April 17, 2025April 17, 2025

The Central Bank of Egypt (CBE) announced on April 17, 2025, that it has reduced key interest rates by 225 basis points. The decision was...

Business

Concerns mount over US commitment to IMF and World Bank

kuwait-live.comFebruary 27, 2025February 27, 2025

February 27, 2025February 27, 2025

Concerns over the United States' commitment to global financial institutions are intensifying following U.S. Treasury Secretary Scott Bessent’s absence at recent G20 meetings. His no-show...

EU considers countermeasures if US imposes new trade tariffs

kuwait-live.comFebruary 10, 2025February 10, 2025

February 10, 2025February 10, 2025

The European Commission has requested further clarification regarding U.S. President Donald Trump's recent announcement of imminent tariffs on steel and aluminum exports from European Union...

Kremlin rebuffs Trump’s claim on BRICS currency, stresses investments

kuwait-live.comFebruary 1, 2025February 1, 2025

February 1, 2025February 1, 2025

The Kremlin has dismissed a renewed warning from U.S. President Donald Trump about imposing tariffs on BRICS nations if they move to establish a common...

Business

10-year Treasury yield stabilizes as rate cut looms

kuwait-live.comAugust 26, 2024August 26, 2024

August 26, 2024August 26, 2024

U.S. Treasury yields remained relatively stable on Monday, with the 10-year note holding firm in the wake of Federal Reserve Chair Jerome Powell's latest comments,...

Business

Central bank of Turkey lifts benchmark interest rate to 35 percet amid inflation woes

kuwait-live.comOctober 26, 2023October 26, 2023

October 26, 2023October 26, 2023

In a decisive move to tackle rampant inflation, Turkey's central bank announced a significant hike to its benchmark interest rate from 30% to 35% this...