Washington, DC: US President Donald Trump has reaffirmed his decision to impose 25% tariffs on imports from Mexico, Canada, and the European Union, tying them to border security concerns and trade imbalances. The tariffs, initially set for March 4, are now expected to take effect on April 2, giving businesses and trade partners a brief window to prepare.   Trump Links Tariffs to Fentanyl Crisis and Border Security During his first Cabinet mee

  WASHINGTON, D.C. — A threatening email targeting a Washington, DC hotel prompted an emergency response from law enforcement Sunday afternoon. DC Police confirmed the threat but provided limited details about the nature of the email. The JW Marriott Hotel, located on the 1300 block of Pennsylvania Avenue, became the focal point of a security operation as bomb squad crews were deployed to investigate.

  A significant power outage disrupted hundreds of residents in Northwest Washington, D.C., over the weekend, following an underground equipment issue that led to a fire. Utility provider Pepco reported that while power was nearly fully restored by Sunday morning, some customers remained on temporary power solutions by the afternoon. According to Pepco, crews responded late Saturday to an issue affecting customers along the 2100 block of M Str

A burning motel in Point Pleasant Beach became the scene of a heroic rescue early Sunday morning as three off-duty police officers sprang into action, ensuring the safe evacuation of multiple residents before first responders arrived. The fire, which broke out in the early hours near Broadway and Baltimore Avenue, caused extensive damage to the building, but thanks to the quick thinking of the officers, no lives were lost. According to reports, the officers were in

The Reserve Bank of India (RBI), in its latest bulletin released on February 19, stated that the tax cuts in the Union Budget 2025, along with moderating inflation, are expected to provide financial relief to the middle class and boost overall household spending. This announcement comes after the February Monetary Policy Committee (MPC) meeting, where the newly appointed RBI Governor, Sanjay Malhotra, emphasized the positive economic impact of the tax relief measur

  A powerful gas explosion rocked a multi-use building in Perth Amboy, New Jersey, on Thursday afternoon, leaving one person injured and several others displaced. The blast, which occurred at a juice bar located at 232 Hall Avenue, sent debris flying, shattered windows, and ignited a fire within the establishment. Emergency responders quickly arrived at the scene to control the fire and secure the area.

In February 2025, US President Donald Trump’s announcement of a 30-day pause on tariffs against Mexico and Canada brought a brief sense of relief to global markets. The decision helped prevent a potential escalation of a full-blown trade war, with US equity futures and international markets responding positively. However, concerns linger about the long-term effects of tariffs on industries such as automotive, semiconductor, consumer goods, e-commerce, and green energy.  

Projected Economic Growth India’s economy is expected to grow between 6.3% to 6.8% in the financial year 2025-26 (FY26). This forecast comes from the Economic Survey 2024-25 presented by Finance Minister Nirmala Sitharaman in Parliament. Economic Fundamentals The survey highlights that the

Extended Economic Slowdown Expected: Maneesh Dangi, the CEO of Mosaic Asset Management, predicts that India's ongoing economic slowdown will last for at least another year and a half, contrary to the more optimistic views of many market participants. He believes the country is in the midst of a cyclical slowdown, which is a recurring phase in the economy. Dangi explains that such slowdowns typically last for five to seven quarters and do not recover without substan

Andhra Pradesh Chief Minister N. Chandrababu Naidu expressed immense optimism for India's future, declaring that the country has entered its golden era of economic growth. Speaking at the World Economic Forum (WEF) in Davos, Switzerland, Naidu highlighted that India's economy is poised for significant growth, predicting it will register the fastest incremental GDP growth from 2028 onwards. He credited Prime Minister Narendra Modi's leadership and emphasized the stability provided

Mexican authorities have started constructing large tent shelters in Ciudad Juarez in anticipation of a possible surge in deportations from the U.S. under President Donald Trump’s immigration policies. The shelters, part of a broader strategy across northern Mexico, aim to accommodate thousands of deported Mexicans, providing them with food, housing, medical care, and assistance with identity documentation. This move comes as Trump’s administration plans mass deportation

Trump's Tariff Announcement and Border Security: President Donald Trump announced plans to impose tariffs of up to 25% on Mexico and Canada, effective February 1, 2025, arguing that both countries are contributing to illegal immigration and drug smuggling into the US. This move, part of his broader trade policy agenda, comes after his inauguration address, where he emphasized using tariffs to strengthen the US economy. However, such tariffs could risk igniting a trade con

US President Donald Trump's economic policies are facing significant challenges, according to market experts like Ramesh Damani and Samir Arora. While Trump has made bold promises, including ramping up US oil production and taking a tough stance on trade with countries like China, the actual implementation of these policies is likely to be constrained by governance realities. Damani pointed out that Trump's ambitious goal of increasing US crude oil production by three millio

Chandrababu Naidu, the Chief Minister of Andhra Pradesh, is gearing up for his highly anticipated trip to Switzerland to participate in the prestigious World Economic Forum (WEF) Summit in Davos. This business-focused event is seen as an excellent opportunity to attract significant investments to the state. In a strategic move ahead of his trip, Naidu has successfully poached a key investment body executive from the neighbori

Chandrababu Naidu, the Chief Minister of Andhra Pradesh, will embark on a significant trip to Davos on January 20 to participate in the prestigious World Economic Forum (WEF). This marks the return of a well-known tradition for the TDP chief, who has previously used the platform to attract global investments to Andhra Pradesh. The timing of this visit is especially important for Naidu, as it comes after a tumultuous five years under the leadership of his rival, Y.S. Jagan Mohan Redd

Ahead of the Union Budget 2025-26, the government is expected to introduce measures to aid small businesses, farmers, and the export sector. Finance Minister Nirmala Sitharaman recently held her fourth pre-budget consultation, where she discussed key economic policies and priorities with stakeholders. Sources suggest that the government may announce tax relief for middle-class citizens to help revitalize the slowing economy, along with support for micro, small, and medium enterprises (MSMEs).

The Indian rupee ended the trading session stronger after the Reserve Bank of India (RBI) decided to keep the benchmark interest rates unchanged, while unveiling measures aimed at improving liquidity in the banking system. The domestic currency gained 3 paise, closing at 84.70 against the US dollar, compared to 84.73 in the previous session. As part of the monetary policy changes, the RBI raised the interest rate ceiling on one-year Foreign Currency Non-Resident (FCNR) deposits by 200 basis p

Sri Lanka has committed to completing its foreign debt restructuring by the end of December 2023, aiming to address its $46 billion external debt. After defaulting on debt in April 2022, the country has been working on rebuilding its finances with help from an IMF bailout. Deputy Minister Anil Jayantha Fernando confirmed that debt restructuring, which has been delayed for over two years, is critical for the country's economic recovery. The restructuring includes international sovereign bo

President-elect Donald Trump has vowed to impose a 25% tariff on all goods imported from Mexico and Canada, set to take effect on his first day in office, January 20. The new tariffs are expected to have severe implications for American consumers, including higher prices on everyday products such as gasoline, produce, cars, and alcohol. Mexico, now the US’s top trading partner, and Canada, a major supplier of oil and agricultural products, will be significantly impacted by these tariffs

President-elect Donald Trump has announced plans to impose new tariffs on imported goods from Mexico, Canada, and China as part of his administration's strategy to address issues like illegal drug trafficking and border security. The move underscores a key campaign promise and signals significant changes in U.S. trade policy.   Key Details of the Tariff Plan