Friday, 29 August 2025
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EKONOMI GLOBAL

US-Venezuela tensions rise as US warships arrive in Southern Caribbean
Friday, 29 August 2025 14:20 WIB | Global economic

Tensions between the United States and Venezuela are rising amid a large U.S. naval buildup in the Southern Caribbean and nearby waters, which U.S. officials say aims to address threats from Latin American drug cartels. U.S. President Donald Trump has made cracking down on drug cartels a central...


EU to scrap tariffs on US goods to pave way for lower car duties
Friday, 29 August 2025 10:35 WIB | Economy

The European Commission proposed on Thursday removing duties on imported U.S. industrial goods in return for reduced U.S. tariffs on European cars, a key part of the trade agreement the EU and the United States struck last month. The proposals mark the EU’s first step in enacting the framework...


French political crisis carries steep economic risk, business leaders say
Thursday, 28 August 2025 11:25 WIB | Economy

The French prime minister’s decision to hold a confidence vote next month carries heavy risks for the economy, bringing back fears of recession, business leaders said on Wednesday. Opposition parties have said they will bring down the minority government in the September 8 vote which Prime...


Russia Attacks Ukrainian Energy Facilities In Six Regions, Officials Say
Thursday, 28 August 2025 01:26 WIB | Global economic

Russia launched a massive drone attack on energy and gas transportation infrastructure in six Ukrainian regions overnight, leaving more than 100,000 people without power, Ukrainian officials said on Wednesday (August 27). Russian forces significantly damaged gas transportation infrastructure in...


US Tariffs Impact USD 48.2 Billion of Indian Trade
Wednesday, 27 August 2025 19:48 WIB | Global economic

The Indian government estimates that the newly imposed 50% US tariff will affect exports worth USD 48.2 billion. Officials have warned that the additional duties could make shipments to the US commercially unviable, potentially leading to job losses and slower economic growth. To soften the...


Trump Challenges Cook’s Tenure, Fed Board at Stake
Wednesday, 27 August 2025 14:01 WIB | Global economic

U.S. President Donald Trump said he was ready for a legal battle after moving to oust Federal Reserve Governor Lisa Cook over allegations she falsified mortgage documents. Meanwhile, the central bank stated it would respect any court ruling in Cook’s legal challenge against her dismissal. Trump’s...


US Commerce Department affirms anti-dumping duties against 10 countries
Wednesday, 27 August 2025 10:41 WIB | Economy

The U.S. Department of Commerce issued affirmative determinations of anti-dumping and countervailing duties against 10 countries on Tuesday after investigations into corrosion-resistant steel products. The determinations cover $2.9 billion in imports from Australia, Brazil, Canada, Mexico, the...


Trump Says US Has Much Bigger Leverage Over China on Magnets
Tuesday, 26 August 2025 16:57 WIB | Global economic

President Donald Trump said the US has more leverage over China on trade than the other way around, citing airplane parts as a key item Washington has to counter Beijing’s restrictions on rare earths.  “We have much bigger and better cards than they do,” he said Monday. “If I...


Trump fires Fed Governor Cook, effective immediately
Tuesday, 26 August 2025 14:27 WIB | Global economic

U.S. President Donald Trump said on Monday evening that Federal Reserve Governor Lisa Cook was to be removed from her post, effective immediately, alleging that she made false statements in two mortgage applications. Trump, in a letter released to social media, said that there is “sufficient...


Trump says he would like to meet with North Korea’s Kim Jong Un this year
Tuesday, 26 August 2025 10:21 WIB | Economy

U.S. President Donald Trump expressed his desire to meet with North Korean leader Kim Jong Un this year. Speaking to reporters on Monday before a meeting with South Korean President Lee Jae Myung at the White House, Trump highlighted his relationship with the North Korean leader. "I have a very...


Donald Trump refreshes China tariff threats during Korea statements
Tuesday, 26 August 2025 08:22 WIB | Economy

United States (US) President Donald Trump swung for the fences on Monday, touching on a broad range of subjects during a joint press conference with South Korean President Lee Jae Myung. In between delivering remarks on the Korean peninsula, Donald Trump fashioned himself as the ultimate peace...


Israel hits Gaza hospital, killing at least 15 people, including journalists
Tuesday, 26 August 2025 01:24 WIB | Global economic

Israeli strikes on Nasser hospital in Gaza on Monday killed at least 15 people, including four journalists, one of whom worked for Reuters, Palestinian health officials said. Cameraman Hussam al-Masri, a Reuters contractor, was killed in the first strike, according to the officials. Photographer...


Putin: there is "light at the end of the tunnel" in Russia-U.S. relations
Saturday, 23 August 2025 12:06 WIB | Economy

Russian President Vladimir Putin expressed optimism about improving relations between Russia and the United States during a visit to a nuclear research center on Friday. Putin stated there was "light at the end of the tunnel" in Russia-U.S. relations following his recent summit with U.S....


Zelenskiy Says He Has No Contact with Russia Regarding Peace Talks
Saturday, 23 August 2025 02:13 WIB | Global economic

Ukrainian President Volodymyr Zelenskiy said he has not been in contact with Russia regarding potential peace talks, although his dialogue with the US is ongoing. Speaking at a joint press conference with NATO Secretary-General Mark Rutte in Kyiv on Friday, Zelenskiy said he did not want to set...


Russian Missiles Strike US Electronics Plant in Western Ukraine
Friday, 22 August 2025 01:51 WIB | Global economic

Russia attacked a civilian factory in western Ukraine owned by the US company Flex Ltd, causing a massive fire and injuring at least 15 people. Local authorities said that at approximately 4:40 a.m. local time, two Russian cruise missiles struck the company's premises in Mukachevo. "It was an...


Australia Services And Manufacturing PMI Hits 40-Month High
Thursday, 21 August 2025 13:14 WIB | Economy

The S&P Global Flash Australia Services PMI Business Activity Index rose to 55.1 in August from 54.1 in July, marking the fastest growth in 40 months. The expansion was driven by stronger demand and renewed increases in new export business, particularly from the US, Europe, and Asia-Pacific...


US hikes steel, aluminum tariffs on imported appliances, railcars, EV parts
Wednesday, 20 August 2025 12:21 WIB | Economy

The U.S. Commerce Department said on Tuesday it is hiking steel and aluminum tariffs on more than 400 products including wind turbines, mobile cranes, appliances, bulldozers and other heavy equipment, along with railcars, motorcycles, marine engines, furniture and hundreds of other products. The...


Trump says no ground troops, but maybe air support, to back Ukraine peace deal
Wednesday, 20 August 2025 11:26 WIB | Economy

U.S. President Donald Trump said on Tuesday he ruled out putting U.S. troops on the ground in Ukraine but said the United States might provide air support as part of a deal to end Russia’s war in the country. A day after Trump pledged security guarantees to help end the war at an extraordinary...


Trump Says Putin and Zelenskiy Must Show Flexibility, Push for Summit
Wednesday, 20 August 2025 02:52 WIB | Global economic

Donald Trump urged Russia's Vladimir Putin and Ukraine's Volodymyr Zelenskiy to show "flexibility" as the US president seeks to expedite his efforts to end the war in Ukraine. "I hope President Putin will behave, and if he doesn't, it's going to be a difficult situation," Trump said Tuesday in an...


Trump Tariff Revenue Helps US Maintain AA+ Rating at S&P
Wednesday, 20 August 2025 01:49 WIB | Global economic

S&P Global Ratings stated that revenue from Donald Trump's tariffs will help mitigate the impact of the president's tax cuts on US fiscal health, allowing the country to maintain its current credit rating. Although Trump's trade war has roiled markets, unsettled foreign governments, and drawn...



August US Consumer Confidence Falls on Declines in Current Conditions, Expectations
Tuesday, 26 August 2025 21:26 WIB

The Conference Board's measure of consumer confidence fell to 97.4 in August from 98.7 in July, compared with a larger decrease expected to a...

Fed's Williams says interest rates can fall, but data will guide decision
Thursday, 28 August 2025 01:54 WIB

New York Federal Reserve Bank President John Williams indicated on Wednesday that interest rates could decrease at some point, but emphasized that...

Russia Attacks Ukrainian Energy Facilities In Six Regions, Officials Say
Wednesday, 27 August 2025 18:42 WIB

Russia launched a massive drone attack on energy and gas transportation infrastructure in six Ukrainian regions overnight, leaving more than 100,000...

Durable Goods Orders Drop Less Than Expected, Offering Silver Lining for USD
Tuesday, 26 August 2025 21:03 WIB

The latest report on Durable Goods Orders has been released, revealing a decline of 2.8%. This metric measures the change in the total value of new...

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