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Trump Holds Firm As Markets Spiral Lower

U.S. President Donald Trump doubled down on his hardline approach toward China, declaring that no trade deal will be made unless Beijing addresses the longstanding U.S. trade deficit. Speaking aboard Air Force One on Sunday, Trump acknowledged the market panic …
April 7, 2025

Chinese Stock Markets Crash Amid Trade Turmoil

In a dramatic start to the trading week, stock markets across China and much of Asia tumbled sharply on Monday, as escalating trade tensions between Beijing and Washington rattled investor confidence. The benchmark indices in mainland China opened with a …
April 7, 2025

Germany Moves Gold Home Amid Trade Concerns

Germany has quietly completed the transfer of hundreds of tonnes of gold from vaults in New York and Paris back to its own soil in Frankfurt years earlier than originally planned. While the decision dates back to 2013, it has …
April 5, 2025

Tanzania’s Central Bank Moves to Stabilize Currency

The Bank of Tanzania (BoT) has stepped in to stabilize the value of the Tanzanian Shilling by participating in the Interbank Foreign Exchange Market (IFEM). This intervention aligns with the bank’s 2023 Foreign Exchange Intervention Policy and aims to maintain …
April 2, 2025

China Prepares for Possible Trade War with U.S.

 Chinese officials have warned that the country must be ready for a potential trade war with the United States as tensions between the two economic superpowers continue to rise. The statement follows a series of tariff increases and retaliatory measures …
March 27, 2025

Fuel Prices Rise, Drivers and Consumers Struggle

Fuel prices, particularly for petrol, diesel, and kerosene, have continued to rise, leaving millions of Tanzanians grappling with the economic impact. This ongoing increase is placing an additional financial burden on consumers, especially those relying on fuel for transportation, with …
March 5, 2025
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