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U.S. Economy Grows 2.3% in Fourth Quarter of 2024: A Slowdown Tied to Consumption
The U.S. economy grew 2.3 percent in the fourth quarter of 2024 (October-December), marking the slowest pace since the spring of that year. The deceleration was attributed to a decline in consumer spending, likely influenced by uncertainties related to the November 5...
News Escape on CBAM Amendments: New Exemption Thresholds and Regulatory Simplification
The February 24, 2025, leak of a document attributed to the European Commission fueled speculation regarding a possible revision of reporting thresholds and a simplification of the implementation of the Border Carbon Adjustment Mechanism (CBAM). Rumors about possible...
Sixteenth EU Sanctions Package Against Russia: More Details and Implications
On Wednesday, Feb. 19, 2025, European Union representatives reached agreement on the sixteenth sanctions package against Russia, European diplomats confirmed Monday. This new set of punitive measures includes a ban on imports of primary aluminum, a ban on the sale of...
Zambia Suspends 15% Tax on Precious and Metals: New Opportunities for the Sector
The Zambian government has announced the suspension of the 15 percent export tax on precious stones and metals, a strategic move aimed at strengthening the country's competitiveness in the global market and attracting new investment. The decision, announced Wednesday...