When EU Commission President Ursula von der Leyen and European Council President Antonio Costa arrived at Jordan's Al Husainiyah Palace at midday on Thursday, there was not a cloud in the sky. Temperatures hovered around a pleasant 20 degrees Celsius. While large parts of Europe were struggling with heavy snowfall, Jordan was showing its best side, as were the leaders gathered for the first-ever EUJordan summit in Amman.
Just about every major exporting economy was hit by U.S. President Donald Trump's "Liberation Day" tariffs in April. Malaysia was no exception, getting a 24% "reciprocal tariff" on its exports to the U.S. which, while perhaps not as catastrophic a level as some of its neighbors, still posed a significant threat to the Southeast Asian economy. Yet, Malaysia's government took a more measured response to new U.S. protectionism.
Foreign investors invested a record $311.1 billion in U.S. securities in May, reversing a $14.2 billion withdrawal in April, as tariff fears eased.
Invest-NL and Invest International are merging to form a National Promotional Institution, enhancing public investments and international cooperation for Dutch entrepreneurs.
The Barking and Dagenham Chamber of Commerce Business Awards recognized local businesses for their exceptional contributions, celebrating successes in a challenging economic climate.