Economic News
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Demand for critical minerals fuels conflict but could help resource-rich nations, WTO says
The head of the World Trade Organization says surging global demand for critical minerals should be “a once-in-a-lifetime chance” for resource-rich countries in Africa and elsewhere to harness wealth and improve life for millions
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Iran's demands over the Strait of Hormuz would set a dangerous precedent, Rubio warns Asian leaders
Secretary of State Marco Rubio has warned Asian leaders that Iran's demand to control the Strait of Hormuz threatens the global economy and freedom of navigation
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U.S. and Pakistan condemn Houthi Red Sea threats to shipping and Saudi Arabia
The United States and Pakistan have rejected threats by Yemen’s Houthi rebels against Saudi Arabia and shipping in the Red Sea
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Britain's new prime minister must solve the old riddle of how to reinvigorate a slow-growing economy
Britain’s new leader, Andy Burnham, is facing the same old problem: How can he kickstart a sluggish economy so that growing companies and increased output generate enough additional revenue to boost defense spending and pay for everything else voters want without raising taxes
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Carney says he and Trump will intensify trade negotiations after US imposes 50% tariffs
Canadian Prime Minister Mark Carney says he and U.S. President Donald Trump have agreed to intensify trade negotiations between Canada, the U.S., and Mexico
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Chile's Congress puts President Kast's economic overhaul on track to becoming law
Chile’s Congress has approved most of a major tax and economic overhaul promoted by President José Antonio Kast
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Canada cancels joint bridge-opening event with US after Trump announces tariffs
A planned joint U.S.-Canada ceremony to celebrate the opening of the Gordie Howe International Bridge has been canceled after President Donald Trump announced new tariffs on Canadian goods
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MLB players propose expanded draft eligibility in another sign of looming labor confrontation
Baseball players have proposed expanding eligibility for the amateur draft rather than decreasing it, maintaining 20 rounds of selections and moving it back to June
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What to know about the 50% tariffs Trump is imposing on Canada
President Donald Trump has reached back to the Great Depression for an obscure trade weapon he can use to wallop Canada again
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ESPN starts layoffs tied to NFL Network acquisition, memo says
ESPN is undergoing a significant round of layoffs for the first time in three years after taking over NFL Network in April
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