By Finbarr Bermin gham in Brussels After German Chancellor Friedrich Merz pledged to make Europe “the antithesis to state-sponsored unfair trade practices”, the massive pressure the country’s automotive industry faced from China was laid bare in new figures. Over the course of 2025, German car and car part shipments to China saw dramatic slumps, while […]
Read MoreDavos, Switzerland: US officials on Thursday presented their vision for a “New Gaza” that would turn the shattered Palestinian territory into a glitzy resort of skyscrapers by the sea, saying the transformation could emerge in three years. The war in Gaza, sparked by Hamas’s October 2023 attack on Israel, left much of the Palestinian territory […]
Read MoreBy Biman Mukherji India and the European Union are stepping up a long-delayed push for a free-trade agreement as New Delhi prepares to host the bloc’s top leaders later this month, with both sides signalling urgency amid mounting pressure from US tariffs and a shifting global order. European Commission President Ursula von der Leyen, in […]
Read MoreBy Maria Siow Indonesian President Prabowo Subianto has used his Davos debut to drive home a message to global investors that his country intends to stamp out corruption and “greedanomics”, while positioning itself as a rare pocket of stability in an unsettled world economy. Speaking during a special address at the World Economic Forum (WEF) […]
Read MoreJapan’s exports to the United States dropped 11.1% in December and slipped more than four% last year, official figures showed Thursday, as tariffs bite. In 2025, Japan’s exports to the United States fell 4.1%, contributing to a 12.6% decline in Tokyo’s trade surplus with Washington to 7.5 trillion yen ($47 billion), finance ministry data showed. […]
Read MoreBy Kolette Lim and Aidan Jones Southeast Asian countries invited to join Donald Trump’s proposed “Board of Peace” should think carefully before entering what looks like a “more exclusive version” of the United Nations Security Council with the US president in ultimate control, analysts caution. Singapore, Thailand, Indonesia and Vietnam are among about 60 countries that […]
Read MoreDAVOS: Syrian President Ahmed Al-Sharaa has canceled plans to attend the World Economic Forum’s annual meeting in Davos this week, according to a senior member of the organization. Arab News spoke to many attendees at the Congress Centre who were disappointed with the decision, as the president’s participation in high-level diplomacy and economic sessions would […]
Read MoreIn the dull glow of a single bulb lighting their tent on the outskirts of Kabul, Samiullah and his wife Bibi Rehana sit down to dry bread and tea, their only meal of the day, accompanied by their five children and three-month-old grandchild. “We have reached a point where we are content with death,” said […]
Read MoreBy Biman Mukherji US President Donald Trump’s threats of military action against drug cartels in Mexico and Colombia are adding a new layer of uncertainty for Asian exporters shipping to the Americas, analysts have said, compounding the strain from higher import tariffs and already fragile supply chains. Trump has issued explicit warnings about possible strikes […]
Read MoreRiyadh: The 17th Klija Festival in Buraidah, which ended Jan. 17, “reflects a long journey of leadership and cultural development, evolving from a simple initiative to promote a local product into an annual festival that embodies the authenticity and cultural identity of the Qassim region,” the Saudi Press Agency reported on Saturday. Klija — a […]
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