You’re Probably Thinking About the Future All Wrong
Nick Foster helped Apple and Google envision the future. He has some notes. Source link
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India’s seafood basket: Exports remained flat at $7 billion in 2024-25; shipment volume dips
India’s seafood exports held steady at $7.45 billion in 2024-25, despite overall shipment volumes declining, the commerce ministry said on Saturday.The country exported 16,98,170 tonnes of seafood last fiscal, down from 17,81,602 tonnes recorded a year earlier. In 2023-24, the exports had been valued at Rs 60,523.89 crore ($7.38 billion), according to a ministry statement…
Corporate America’s Newest Activist Investor: Donald Trump
The president is demanding government stakes in U.S. companies and cuts of their revenue. Experts see some similarities to state-managed capitalism in other parts of the world. Source link
‘Sovereign Brazil’: BNDES unveils $1.85 billion credit line to support exporters hit by US tariffs; government aid ensures liquidity and market diversification
US President Donald Trump and Brazilian president Luiz Inacio Lula da Silva (AP) Brazil’s state development bank, BNDES, on Friday announced a 10 billion reais ($1.85 billion) credit line to help companies affected by steep US tariffs. The facility is divided into funding for general operating expenses and exploring new export markets, complementing a 30…
As Troops Walk the Streets, Washington Restaurants Report a Slump
With the deployment of the National Guard, owners say business is down drastically. Source link
Trump’s tariff windfall: CBO projects $4 trillion deficit cut from revenues; could ease strain on US debt
US president Donald Trump (AP) US president Donald Trump’s sweeping tariff hikes on imports could shrink the US deficit by $4 trillion over the next decade, the Congressional budget office (CBO) said on Friday.According to CBO, Congress’ nonpartisan analyst, higher tariff revenue would reduce primary deficits by $3.3 trillion and trim federal interest payments by…
Lisa Cook, Who Broke Ground at the Fed, Faces Attack by Trump
The first Black woman to serve on the Federal Reserve board, Ms. Cook has long been a pathbreaker in a field dominated by white men. Source link
India cement demand to grow 7–8% CAGR: Prices seen rebounding after FY25 slump; capacity additions to pick up FY26–27
India’s cement demand set to expand at a 7–8% compound annual growth NEW DELHI: India’s cement demand is set to expand at a 7–8% compound annual growth rate over the medium term, powered by housing, infrastructure, and commercial projects, with prices expected to rebound after a sharp fall in FY25, UBS said in a report.UBS…
‘Massive duty evasion’: Chinese fashion jewellery imports surge 25%; undercut Indian makers by 50% by reportedly bypassing HSN code
NEW DELHI: Indian fashion jewellery makers are reeling under the surge of Chinese imports, which rose 25% year-on-year. Industry executives said importers are misdeclaring shipments and under-invoicing goods to evade anti-dumping duties, making Chinese jewellery nearly 50% cheaper than Indian products.Chinese jewellery’s share of the Indian market has doubled to 50% in 2024-25 from 25%…
‘We have red lines…’: Jaishankar’s clear message on India-US trade deal; slams ‘sanctions’ on Russia oil, says ‘if you don’t like it, don’t buy it’
Acknowledging issues in trade deal talks with the Donald Trump administration, Jaishankar said that India has its ‘red lines’. Amidst ongoing tensions between India and the US on trade deal stalemate and the former’s continued Russia crude oil purchases, external affairs minister S Jaishankar has made it cleat that India’s policies will be in its…