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Indonesia, EU sign long-awaited trade deal
Indonesia, EU sign long-awaited trade deal
Business and Economy
by  AFP

Indonesia and the European Union finalised negotiations on a trade agreement Tuesday after nearly a decade of talks, a senior minister said. Indonesia has been in talks with the EU since 2016, but negotiations for a trade deal initially saw little progress.

OECD ups world economic outlook as tariffs contained, for now
OECD ups world economic outlook as tariffs contained, for now
Business and Economy
by  AFP

The world economy will grow more than previously forecast this year after absorbing the shock of US President Donald Trump's tariffs, but their full impact remains uncertain, the OECD said Tuesday. In June, the Paris-based organisation had cut its forecast from 3.1 percent to 2.9 percent, warning at the time that Trump's tariffs would stifle the world economy.