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Economy and Policy

Economy and Policy latest

Trump and Carney
July 21st, 2026 - 11:33 GMT
P. Choiaqo

P. Choiaqo

Trump hits Canada with 50% tariff

ALBAWABA - The Tariff President, Donald Trump, continues to impose tariffs on friends and enemies alike, the latest being Canada with a hefty tariff of 50 percent. The move comes in response to Trump’s perceived ‘unequal treatment’ of U.S. cars, dairy, and alcohol by Canada; tariff targets ranged from everyday goods such as wine and hockey sticks to industrial goods like cement. "This is the latest in a series of ...
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The recent decision of the International Court of Justice and its provisional measure against U.S. unilateral sanctions reaffirms the legitimacy of Iran’s position, and the illegality of these oppressive sanctions. (AFP)
November 4th, 2018 - 02:43 GMT

Rouhani Urges Europe to Collaborate With Iran to Counter U.S. One-Sided Actions

Shortly after the announcement, Trump tweeted what looks like a movie poster image of himself walking that takes creative inspiration from the TV series “Game of Thrones” to announce the reimposition of sanctions. (Shutterstock)
November 4th, 2018 - 02:35 GMT

Trump Restores Pre-Obama Iran Sanctions

During the celebrations
November 1st, 2018 - 10:09 GMT

Dubai Customs Celebrates Flag Day

Investcorp has invested more than GBP 250 million across its portfolio of UK and European real estate assets since June 2017. (Shutterstock)
November 1st, 2018 - 08:37 GMT

Investcorp Puts More Eggs in UK Basket With Industrial Units Acquisitions in Scotland

Bahrain’s Apm Terminals IPO to Raise Over $30 Million. (Shutterstock)
November 1st, 2018 - 08:31 GMT

Bahrain’s APM Terminals IPO to Raise Over $30 Million

Qatar has been praised for its rapid labour reforms. (Shutterstock)
November 1st, 2018 - 07:45 GMT

Qatar Fund Aims to Help Migrant Workers in Bid to Meet UN Obligations

“Unfortunately, often when that tax goes up the illicit trade will go up,” said LeMoult, speaking at the third Global Illicit Trade Forum in Abu Dhabi. (Shutterstock)
November 1st, 2018 - 03:30 GMT

Illicit Trade in GCC Rises as VAT and Taxation Increase

On Tuesday, the executive director of the International Energy Agency (IEA), Fatih Birol, warned that high oil prices hurt consumers and could harm producers. (Shutterstock)
November 1st, 2018 - 03:25 GMT

Oil Prices Rising Despite Output Increase and Iran Sanctions

The Algerian state-owned Sonatrach developed a strategic vision for 2030 to become one of the world's top five oil corporations, Guitouni pointed out. (Shutterstock)
November 1st, 2018 - 03:20 GMT

Algeria Taps Into Shale Gas Reserves, With Production Slated Within Five Years

The U.S. reimposed other non-oil sanctions in August, but next week's tranche is expected to have the greatest economic effect. (Shutterstock)
November 1st, 2018 - 03:14 GMT

US May Grant Waivers as Iran Sanctions Loom

As the U.S. financial system increasingly becomes an extension of Trump’s national-security policy, European policymakers have begun to lament the “tyranny” of the dollar. (Shutterstock)
November 1st, 2018 - 03:09 GMT

How Trump Is Using the Dollar to Reshape the Middle East

The award ceremony was part of the second day of the Global Islamic Economy Summit 2018.
October 31st, 2018 - 12:41 GMT

Al Mansoori Honours Global Islamic Business Award Winners

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