Global News Update: July 13
A summary of major news events from around the world on July 13
Economy
US Grapples with Deficit Reduction Amidst Economic Uncertainty
The US government faces significant challenges in reducing its deficit, despite efforts to cut spending…
Nigeria’s Financial Conundrum: Aregbesola Speaks Out
Minister of Interior, Rauf Aregbesola, highlights Nigeria's financial struggles, citing lack of reliance on federal…
Europe Unites Against US Tariffs: Accelerating Countermeasures
The European Commission is set to expedite its work on countermeasures against US tariffs, as…
US-EU Trade Tensions Escalate: Trump Threatens 30% Tariffs on EU Imports
The US and EU are on the brink of a trade war as Trump threatens…
Germany Seeks Pragmatic Solution to Tariffs Dispute with US
German Economy Minister calls for a pragmatic solution to the ongoing tariffs dispute with the…
US-EU Trade Relations Under Threat from New Tariffs
A 30% US tariff on European goods has sparked concerns over the future of trade…
Irish Investment Wave Hits South African Shores
Ireland-based companies are increasingly investing in South Africa, bringing in a surge of foreign capital…
Job Market Shift: Indeed and Glassdoor Announce Staff Cuts Amid Economic Uncertainty
Indeed and Glassdoor, two leading job search platforms, are reducing their workforce by 6% due…
Revolutionary AI Predictions: A New Era of Technological Advancements
Experts predict a significant breakthrough in artificial intelligence, transforming industries and revolutionizing the way we…