Central-banks

Britain’s Trade Deal With Trump Just Got a Lot More Expensive

Britain's trade deal with Trump faces its toughest test as a 15% global tariff takes effect after the Supreme Court struck down IEEPA duties 6-3.

Argentina’s Steel Towns Brace for What Milei’s Labor Reform Won’t Fix

Milei's labor reform cleared the lower house 135-115 amid a general strike, but in Villa Constitución, Acindar's rotating suspensions show the limits of legislative fixes.

Canada Turns to Asia as Trump Tariffs Crush Detroit Auto Jobs

Detroit Three make just 23% of Canada's cars, down from 56%. Ottawa courts BYD and Chery, cuts Chinese EV tariffs to 6.1% as Detroit retreats.

UK Job Seekers Face Brutal Competition for Minimum-Wage Positions

UK unemployment hits 5.2% post-pandemic high as inflation cools to 3.0%. Vacancies fall 9.2% below pre-pandemic levels with 2.6 jobless per opening — worst since 2015. March rate cut probability rises to 81.5%.

Seoul Telecom Wars: SK Gains 340,000 Customers After KT Data Breach

SK Telecom gained 342,000 customers in January as rival KT waived termination fees following data breach, reshaping Korea's telecom market

Argentina Passes Major Labor Reform to Modernize Workforce Rules

Argentina's Senate approves comprehensive labor reform allowing company-level wage bargaining, capping severance pay, and reducing employer contributions

Minnesota: ICE Winds Down Massive Immigration Operation After Citizen Deaths

ICE withdraws 1,000+ agents from Minnesota after largest immigration operation led to citizen deaths and protests, while using tech surveillance

111,000 Young Workers Exit UK in Record Emigration Wave

Record 111,000 young Britons emigrated in year to March 2025 as job market struggles and living costs soar, raising concerns about economic impact.

El Paso Airspace Crisis Exposes U.S. Military’s Counter-Drone Technology Gaps

U.S. military counter-drone testing in New Mexico caused El Paso airspace closure, exposing inter-agency communication failures and defense tech struggles

Will Daily Pills Make Weight-Loss Drugs Mainstream Across Europe?

European pharma giants Novo Nordisk and Eli Lilly compete as weight-loss market pivots from injections to pills, targeting $200bn valuation by 2030.

Amazon Founder Slashes Nearly Half of Washington Post Staff

Jeff Bezos cuts nearly 400 jobs at Washington Post, marking biggest single-day journalist layoffs in a generation as European media watches warily.