Economy Headlines

  • Draghi: eurozone economy 'resilient' despite trade slowdown

    European Central Bank head Mario Draghi warns that slowing world trade is proving to be a drag on the eurozone economy but says the current expansion remains "resilient" as consumers at home remain willing to spend and unemployment falls thanks to pro-business reforms. Draghi said in a...

    ABC News
  • Asia shares mixed on uncertainty over trade tensions

    Shares were mixed in Asia on Friday on revived concerns over the prospects for a breakthrough in trade tensions between the U.S. and China. KEEPING SCORE: Japan's Nikkei 225 index lost 0.6 percent to 21,667.72 while the Hang Seng in Hong Kong added 0.1 percent to 26,136.04. South Korea's...

    ABC News
  • AP PHOTOS: Editor selections from Latin America, Caribbean

    This photo gallery highlights some of the top news images made by Associated Press photographers in Latin America and the Caribbean published in the past week. The first members of the Central American migrant caravan that has been moving across Mexico started to arrive in Tijuana across...

    ABC News
  • Australia refers India to WTO over sugar cane subsidies

    Australia is referring India to the World Trade Organization over subsidies it pays its sugar cane farmers, which Australia says creates a surplus that's affecting its own farmers. Trade Minister Simon Birmingham says Australia made the WTO referral after previously raising concerns with...

    ABC News
  • Australia refers India to WTO over sugar cane subsidies

    Australia is referring India to the World Trade Organization over subsidies it pays its sugar cane farmers, which Australia says creates a surplus that’s affecting its own farmers

    Washington Post
  • Citi says clients are making business adjustments due to trade war

    Citi polled 64 of their clients and found that more than half have plans to adjust their supply chains, including shifting manufacturing sites or investing in new ones to circumvent further tariffs.

    CNBC