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Trump tariffs threat casts chill over Canada
Trump tariffs threat casts chill over Canada
by  AFP

Canada was scrambling Tuesday to blunt the impact of US President-elect Donald Trump's threat to implement steep tariffs once he takes office, as experts warned of a potentially "catastrophic" hit to the Canadian economy.

Saudi 2025 budget sees lower deficit on spending trims
Saudi 2025 budget sees lower deficit on spending trims
by  AFP

Saudi Arabia on Tuesday approved a budget for 2025 that projected a smaller deficit than last year despite continued heavy spending on reforms to transition the economy away from oil. In 2022, Saudi Arabia recorded its first budget surplus in nearly a decade after Russia's invasion of Ukraine led to a surge in oil prices.

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