Earthquake of magnitude 5 strikes Japan's Nagano Prefecture

Earthquake of magnitude 5 strikes Japan's Nagano Prefecture
TOKYO, 18th April, 2025 (WAM) -- An earthquake with a magnitude of 5 struck Japan’s Nagano Prefecture on Thursday, with no reports of casualties, damage, or tsunami warnings issued.According to the Japan Meteorological Agency, the epicentre of the quake was located in northern Nagano Prefecture at a...

European Central Bank cuts interest rates by 25 basis points

European Central Bank cuts interest rates by 25 basis points
The European Central Bank (ECB) has announced a 25 basis point cut to its key interest rates, marking the seventh reduction since June last year, amid economic concerns heightened by tariffs imposed by US President Donald Trump.Following the decision by the ECB’s Governing Council, the deposit facility rate...

Scientists find strongest evidence yet of life on alien planet

Scientists find strongest evidence yet of life on alien planet
In a potential landmark discovery, scientists using the James Webb Space Telescope have obtained what they call the strongest signs yet of possible life beyond the solar system, detecting in an alien planet's atmosphere the chemical fingerprints of gases that on Earth are produced only by biological ...

Temporary tariff pause mitigates trade contraction, but strong downside risks persist: WTO

Temporary tariff pause mitigates trade contraction, but strong downside risks persist: WTO
The volume of world merchandise trade is expected to decline by 0.2% in 2025 under current conditions, nearly three percentage points lower than what would have been expected under a "low tariff" baseline scenario, according to the WTO Secretariat's latest Global Trade Outlook and Statistics report re...

Global economy under pressure could slow to 2.3%: UNCTAD

Global economy under pressure could slow to 2.3%: UNCTAD
The world economy is on a recessionary trajectory, driven by escalating trade tensions and persistent uncertainty, UN Trade and Development (UNCTAD) alerted in its new report, “Trade and Development Foresights 2025 – Under pressure: Uncertainty reshapes global economic prospects”.The report indicated...