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The currency swap aims to stabilize Argentina's economy amid severe liquidity shortages and volatility The deal supports ongoing reforms and debt restructuring essential for long-term economic stability The European Commission set out two strategies to ensure Europe stays ahead, driving adoption in key industries and putting Europe at the forefront of AI-driven science The new tariff will significantly impact costs for truck buyers and various industries reliant on these vehicles Moderate growth reflects resilience amid high inflation, tariff disruptions, and cautious business investments The one-year loan prime rate (LPR) was held at 3.0 percent on Monday, while the five-year LPR remained unchanged at 3.5 percent Thailand's exports remained a key driver, expanding 15 percent, supported by front-loaded shipments ahead of the expiry of U.S. Reciprocal Tariffs suspension Transport costs surged 3.2 percent, driven by a 30.2 percent increase in airfares Net interest payments on the national debt are projected to total $14 trillion from 2026 to 2035 RBA cited weaker public demand as key factor in lowering annual economic outlook for 2025 Economists suggest limited easing opportunities as U.S. tariffs impact India's export landscape Since December 2018, over 20,293 container ships have navigated these vital international routes S&P Global's PMI for manufacturing dropped to 48.8, marking a decline from June's 50.1 Private consumption increased 0.5 percent, supported by improving sentiment and a stock market rally Multibillion-dollar commitment is expected to generate tens of thousands of high-skilled direct and indirect jobs across the U.S. The biennial report offers a comprehensive outlook on the future workforce demands across commercial and business aviation There was a monthly decrease of 63.5 percent in U.K. residential transactions in April 2025, compared with March 2025 CPI edged down 0.1 percent year on year, impacting economic outlook Benchmark loan rates unchanged as country faces trade challenges Strengthening calls for additional interest rate cuts from ECB The bank noted that falling ECB deposit rates and reduced bond holdings will help mitigate future losses Treasuries fell amid volatility as risk sentiment recovered Romania, Spain, Greece and Portugal recorded the highest employment growth compared with the previous quarter U.S. employers announced 172,017 layoffs in February, up 245 percent from January’s figures