Washington, Jan 29 (IANS) Federal Reserve Chair Jerome Powell said that higher US inflation is being driven mainly by tariffs on goods, not excess demand -- an assessment that could shape expectations for global trade-linked economies.
Washington, Jan 29 (IANS) Bhutan’s economy is projected to grow a strong 7.4 per cent in FY2025/26 and remain sturdy in the following year, propelled by rising hydropower exports, a tourism rebound, and higher capital spending, the International Monetary Fund (IMF) has said.
Washington, Jan 29 (IANS) US Secretary of State Marco Rubio faced sharp questioning from senators over presidential war powers, NATO unity, and America’s global role, as lawmakers debated the legality and long-term consequences of US actions in Venezuela.
Washington, Jan 29 (IANS) The Smithsonian’s National Museum of Asian Art has announced that it will return three historic South Indian bronze sculptures to India after provenance research established that the works had been illegally removed from temple settings decades ago.
Washington, Jan 29 (IANS) US Federal Reserve Chair Jerome Powell declined to comment on his future at the central bank during a wide-ranging press conference.
Washington, Jan 29 (IANS) Washington reacted with unease after India and the European Union sealed a landmark free trade agreement, with influential lawmakers, top administration officials, and policy experts warning that America risks being sidelined.
Washington, Jan 29 (IANS) A bitter fight over funding for the Department of Homeland Security escalated in the US Senate, with Republicans warning of a possible government shutdown and Democrats demanding changes to rein in immigration enforcement agencies after recent fatal incidents.
Washington, Jan 29 (IANS) US Secretary of State Marco Rubio has defended Washington’s oversight of Venezuelan oil revenues, telling senators that the arrangement was necessary to prevent economic collapse while the country transitions away from corruption and mismanagement.
Washington, Jan 29 (IANS) US Federal Reserve Chair Jerome Powell said that job growth has slowed in part because of a sharp decline in labour supply driven by lower immigration.
Washington, Jan 29 (IANS) US President Donald Trump has claimed a surge in investment, record stock market gains, and strong backing from major technology, finance, and consumer companies, as he argued the United States is entering an unprecedented economic expansion.
