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Economy

US-China trade war hits oil markets

WT24 Desk Wall Street ended lower on Friday and global stocks continued to slide after US president Donald Trump announced new tariffs on Chinese goods, while oil plummeted 3 per cent on expectations that Saudi Arabia and Russia output would ...

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No VAT, tax on remittance

Don’t pay heed to rumours: Shahriar WT24 Desk State Minister for Foreign Affairs M Shahriar Alam on Wednesday urged the Bangladeshis living abroad not to pay heed to any rumour saying no VAT or tax is imposed on remittance, Agencies ...

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Global economic outlook darkening: IMFs Lagarde

WT24 Desk International Monetary Fund chief Christine Lagarde led an attack by global economic organizations on US president Donald Trump’s “America First” trade policy on Monday, warning that clouds over the global economy “are getting darker by the day”, Reuters ...

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EU to act against US tariffs: Merkel

WT24 Desk Europe will implement counter-measures against US tariffs on steel and aluminum just like Canada, German chancellor Angela Merkel said on Sunday, voicing regret about president Donald Trump’s abrupt decision to withdraw support for a G7 communiqué, Reuters report. ...

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