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Balance of Payments News Monitoring

  • Published on Apr 4, 2025

    USTR report links Pakistan's internet restrictions, Peca law to trade barriers

    The United States Trade Representative (USTR) has released its annual report on foreign trade barriers, listing Pakistan's trade and investment policies, internet restrictions, and corruption, among other issues disrupting commercial operations. The …

    Source: GEO TV - Pro-Government
  • Published on Apr 4, 2025

    American retreat: on Trump’s turn to protectionism  

    What United States President Donald Trump did to global trade on April 2 in Washington closely mirrors a disruptive precedent set by President Richard Nixon in 1971. On August 15, Nixon stunned the world by announcing the “temporary suspension” of the U.S. …

    Source: The Hindu - Center-left
  • Published on Apr 4, 2025

    Re-Chatham House warning to Nigeria against strengthening the naira

    The Chatham House of March 4, 2025, authored by David Lubin, argued that Nigeria’s economy has become more competitive due to the naira’s depreciation and warned against attempts to strengthen the currency. It contends that the devaluation has improved …

    Source: Business Day - Neutral
  • Published on Apr 4, 2025

    Trump trade ‘emergency’ follows decades of anger that America has been ripped off

    Since his days as a real estate developer in the 1980s, Trump has been railing against the trade and business practices of other countries that he found to be unfair. Back then, when Japan was a booming economic rival, Trump used to assail its tactics. “If …

    Source: The New Zealand Herald - Neutral
  • Published on Apr 4, 2025

    This is why Trump’s tariffs will fail, while backfiring hard on the US economy

    In his first term as president of the United States, Donald Trump launched a trade war against China. In his second term, he has expanded that trade war to many countries around the world. In a ceremony outside the White House on April 2, which the US …

    Source: Geopolitical Economy - Left-wing
  • Published on Apr 4, 2025

    Democracy under siege?

    By Francis OWUSU-ACHAMPONG( FCIB) “Democracy must fall because it will try to tailor to everyone… the poor will want the wealth of the rich and democracy will give it to them.’’ “Young people will want to be respected as elderly and democracy will give it …

    Source: Business and Financial Times - Label Pending
  • Published on Apr 4, 2025

    Trump’s Tariff Gamble: Global Chaos or Calculated Concessions?

    A looming trade war and security threats leave European leaders scrambling to decipher the American president’s true intentions. There are two strategic implications that can be drawn from Donald Trump’s decision to declare a tariff war on the rest of the …

    Source: Social Europe - Left-wing
  • Published on Apr 4, 2025

    The Economic Consequences of State Capture

    Since returning to office, U.S. President Donald Trump and his benefactor, the tech billionaire Elon Musk, have taken a chainsaw to the government. In just over three months, Musk has purged agencies of staff, replaced fired workers with loyalists, and …

    Source: Foreign Affairs - Label Pending
  • Published on Apr 4, 2025

    US criticizes Pakistan’s trade policies in new report

    The US government has raised concerns over Pakistan’s trade and investment policies, highlighting their adverse effects on American businesses, in the wake of US President Donald Trump imposing a 29% reciprocal tariff on Pakistan. “US companies have cited …

    Source: Business Recorder - Neutral
  • Published on Apr 4, 2025

    S&P: New US tariffs will negatively impact economic growth in most countries

    The new tariffs imposed by the U.S. government on trade will negatively affect global economic growth, and simultaneously, there will be a decrease in interest rates related to monetary policy, APA- Economics reports citing S&P Global Ratings …

    Source: APA - Label Pending
  • Published on Apr 4, 2025

    Why Guyana’s crude oil exports must be excluded from US import tariff

    Dear Editor,  The recent US reciprocal Tariff Schedule for Guyana, 76/38 % is not trade-weighted by the amount of Guyana’s exports versus its imports from the US. It appears that Guyana has used its 76% tariff charged to the US as a revenue measure, in …

    Source: Stabroek News - Neutral
  • Published on Apr 4, 2025

    Trump Tariffs and India

    The imposition of reciprocal tariffs by U.S. President Donald Trump, announced on 2nd April, 2025 and set to take effect in phases starting 5th April and 9th April, 2025, introduces a 26% tariff on Indian goods entering the United States (with some …

    Source: Goa Chronicle - Gov't Propaganda
  • Published on Apr 4, 2025

    Trump making 300-year old mistake in raising tariffs : Sri Lanka economist

    ECONOMYNEXT – US President Donald Trump in raising import duties and undermining the freedoms of Americans to trade freely is making a mistake which economists showed was wrong 300 years ago, a top Sri Lanka economist said. “Though Donald Trump has used …

    Source: EconomyNext - Neutral
  • Published on Apr 4, 2025

    Saudi Arabia’s travel account surplus reached nearly SAR50 bn in 2024

    Riyadh [Saudi Arabia], April 4 (ANI/WAM): Saudi Arabia’s tourism sector achieved a record surplus in the 2024 travel account, reaching SAR 49.8 billion, a 7.8% increase over 2023, according to a Tourism Ministry press release. The release, carried …

    Source: The News Mill - Neutral
  • Published on Apr 4, 2025

    Nigerian Breweries records N1.07trn revenue in 2024

    By Merit Ibe and Chukwuma Umeorah Economic pressures, including high inflation and naira devaluation took a toll on Nigerian Breweries’ operational costs, impacting raw materials, foreign exchange, and overall financial performance. While the company …

    Source: The Sun Nigeria - Uncategorized
  • Published on Apr 4, 2025

    Liberation Day. What’s The Plan?

    On Wednesday, President Trump declared that it was “Liberation Day.” He said this is our economic Declaration of Independence now. The markets were rocked after the announcement and there’s a reason why, which I will explain. The president seems to believe …

    Source: Daily Wire - Right-wing
  • Published on Apr 4, 2025

    World News | Saudi Arabia's Travel Account Surplus Reached Nearly SAR50 Bn in 2024

    Riyadh [Saudi Arabia], April 4 (ANI/WAM): Saudi Arabia's tourism sector achieved a record surplus in the 2024 travel account, reaching SAR 49.8 billion, a 7.8% increase over 2023, according to a Tourism Ministry press release. The release, carried …

    Source: Latestly - Uncategorized
  • Published on Apr 3, 2025

    U.S. stock market sees worst day since 2020 as Trump’s trade war rattles global economy

    On a day the stock markets tanked, Trump flashed a new gold card with his face on it: a U.S. permanent-residency card, available for $5 million, which Trump is working to create. "For $5 million this could be yours," he said, speaking to …

    Source: CBC/Radio-Canada - Public Broadcaster
  • Published on Apr 3, 2025

    Jul-Feb current account deficit falls to $1.27b

    Bangladesh's current account deficit (CAD) narrowed significantly during the July-February period of the ongoing fiscal year, driven by higher remittance inflows and export earnings. According to the Bangladesh Bank data, the current account deficit …

    Source: The Financial Express Bangladesh - Pro-Government

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