Trade
Trump weighs renaming Lake Ontario to 'Lake America' amid escalating trade war
US President Donald Trump said he's considering the name change amid increasingly difficult trade relations between the US and Canada.
India's Iran exports set to fall further due to Dubai halt, US sanctions
US imposes 50% tariffs on Canadian goods after deal fails, USTR Greer says no new talks planned
Iranian oil supplies to China tighten as US blockade cuts Tehran's crude exports
Iran to become member of BRICS Bank, increasing economic cooperation, trade - report
Hemmati announced that Iran was set to join the BRICS Bank in the near future, Iran's semi-official Tasnim News Agency reported.
How governments are becoming major market players
Strategic intervention and rising tariffs force global businesses to rethink their playbooks in a rapidly changing economy.
Gulf states pay the price as shipping crisis exposes costly dependence on the Strait of Hormuz
"A lot of the necessities, and I'm talking food, that these Gulf nations require - Kuwait, the UAE, Bahrain, Qatar, Saudi Arabia - comes in by boat," and flying in goods is causing prices to rise.
Iraq delays July public salaries as Strait of Hormuz blockade guts oil revenue
Iraq’s oil exports plunged from 100 million barrels in February to around 32 million in May and June, according to figures shown to The National by the country’s Oil Ministry.
Could Kalshi become a new tool for political analysts?
Prediction markets like Kalshi and Polymarket have surged globally, evolving since 2021 from niche political tools into multibillion-dollar businesses with billions traded monthly.
Pakistan aims to double US trade to $20 billion in five years
Islamabad is seeking to shift its traditional relationship with Washington from a primarily security-focused one to a durable, trade-driven partnership.
Iran to receive hundreds of Chinese shoulder-launched missiles systems in weeks
The contract covers the purchase of between 300 and 400 man-portable air defense systems (MANPADS), including Chinese-made QW-12 and FN-16 missiles.
Indian rice exports climb 5% in first half of 2026 as non-basmati shipments rise, sources say
India's rice exports from January to June rose to 12.27 million metric tons from 11.68 million tons in the same period a year ago, despite concerns that recent weather patterns could hurt production.
Israel bans import of goods made with forced labor to align with international trade standards
The executive directive instructs the Economy and Industry Ministry to establish regulations banning such goods in accordance with standards set by international law.
Canada to consider retaliating against latest Trump tariffs, Carney says
Canada's Prime Minister Mark Carney's remarks came as US Trade Representative Jamieson Greer said he hoped to strike interim trade deals with Mexico and Canada this year.
