Analyst says Trump tariffs to lead to increase in layoffs by industries JAKARTA, Indonesia (MNTV) – Exporters across Indonesia are starting to feel the effects of Donald Trump’s reciprocal tariffs, reports China Global Television Network (CGTN). One local shoe producer is having to reduce prices by 15 percent to offset the 32% import t...
President Donald Trump marked 100 days of his second term with a fiery rally in Michigan, declaring his administration is “just getting started.” Speaking at Macomb Community College in Detroit, Trump highlighted his immigration crackdown. He claimed the “worst of the worst” now are being deported to what he described as “a no-nonsense prison”...
U.S. consumer confidence has plummeted to its lowest level since August 2020, driven by fears over tariffs, inflation, and financial market volatility. The Conference Board reported its Consumer Confidence Index dropped by 7.9 points to 86 in April — far below economists’ expectations. The Expectations Index, which gauges short-term outlooks o...
Joint statement highlights new projects, economic cooperation, and preparations for Egyptian-Gulf Investment Forum KUWAIT CITY (MNTV) — Kuwait has announced plans to significantly increase its investments in Egypt, following the conclusion of Egyptian President Abdel Fattah al-Sisi’s two-day official visit to the country. The visit, held at th...
Landmark deal aims to boost Iraq’s industrial capacity and deepen bilateral economic ties BAGHDAD, Iraq (MNTV) – Iraq announced the signing of a landmark cooperation agreement with Saudi Arabia’s Ajyal Company to establish the largest integrated industrial complex for silica-based projects in Anbar province. The agreement was signed under the ...
From $665 million to zero in eight months, post-Hasina administration praised for restoring energy sector credibility DHAKA, Bangladesh (MNTV) — In a rare fiscal turnaround, Bangladesh has nearly wiped out its outstanding liquefied natural gas (LNG) import debts — slashing dues from $665 million last August to just $10 million this week — unde...
Limited places in Indonesia to buy precious metal push hopeful buyers to extreme measures JAKARTA, Indonesia (MNTV) – With gold hitting an all-time high, an economic slowdown in Indonesia, and concerns about how United States President Donald Trump’s tariffs will affect the world’s economy, many Indonesians have been rushing to buy gold, even ...
Bhima Yudhistira urges government to make recruitment process more inclusive to cushion massive layoffs that US-China trade war might bring JAKARTA, Indonesia (MNTV) — A senior economist says that Indonesia should make regulatory changes to get rid of ageism in hiring, as many people complain about becoming “too old for the job” once the...
Report argues integrating these children into public education is moral as well as economic imperative KUALA LUMPUR, Malaysia (MNTV) — Malaysia lost billions in potential income by excluding non-citizen children born in the country from formal education, according to a joint policy paper by the Social Wellbeing Research Centre (SWRC) and Uni...
Afghanistan eyes overseas job deals with Qatar, UAE, and Russia as unemployment leaves 1.5 million workers without jobs KABUL, Afghanistan (MNTV) — As Afghanistan grapples with a steep rise in joblessness, the head of the country’s National Workers’ Union has warned that more than 1.5 million Afghans are currently unemployed. To address ...
