Fashion News

Armenia urges Chinese delegation to establish joint textile ventures

Armenian deputy minister for economy Edgar Zakharyan has urged a visiting delegation of the Association for the Promotion of Foreign Markets of China’s Shaoxing Keqiao city to invest in his country and set up joint textile ventures.
The delegation was requested to explore the possibility of Armenian manufacturers participating in international exhibitions organised in China.Read More

24.04.2025Comments Off
US tariff hike may reduce India’s exports & domestic demand: RBI

Concerned over the impact of the US tariff hikes on India, the central bank, in its latest monthly bulletin, said higher tariffs may reduce exports and slow down domestic demand, affecting net external demand and overall growth.
As prices of energy and metals have fallen sharply, while gold prices have been highly volatile, it has added uncertainty to India’s inflation outlook, it noted.Read More

24.04.2025Comments Off
Global GDP to slow to 2.7% amid US trade tariffs: PIIE

The global economy is projected to grow at 2.7 per cent in 2025, down from 3.2 per cent in 2024, with the US economy stalling due to new tariffs and policy uncertainty.
Inflation is expected to peak at 4.5 per cent, while unemployment rises.
Canada and Mexico face challenges from US trade actions, and China’s growth falls short of targets.
Risks to the outlook remain, including a potential US recession.Read More

24.04.2025Comments Off