IMF’s Lagarde says US-China trade war a risk for global outlook

Tashkent, Uzbekistan: The trade war between the United States and China could be a risk to the world economic outlook if it is not resolved, International Monetary Fund Managing Director Christine Lagarde told Reuters on Friday during a visit to Uzbekistan. “Obviously, the downside risk that we have is continued trade tensions between the United […]

Tense US-China ties a blessing for North American trade bloc

MEXICO CITY: Tense US-China relations are helping the United States understand the importance of a North American trade bloc, a senior Mexican diplomat said on Friday, after negotiating a deal that ended steel tariffs in the region. The United States struck deals on Friday to lift tariffs on steel and aluminium imports from Canada and […]

California gains 46,000 jobs as unemployment stays near record low

The California economy surged forward in April as employers added 46,000 net jobs and unemployment held steady at 4.3 per cent, near a record low, according to data released on Friday by the state’s Employment Development Department. Last month’s gains marked an improvement over March, when payrolls in the state grew by an upwardly revised […]