Latest Construction and engineering News

IMF sees steady global growth, but warns that Trump tariff, tax and deportation plans cloud outlook

Jan. 17, 2025 10:26 AM EST

WASHINGTON (AP) — The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year. But it warned that the outlook is clouded by President-elect Donald Trump’s promises to slash U.S. taxes, impose tariffs on foreign goods, ease...

IMF sees steady global growth, but warns that Trump tariff, tax and deportation plans cloud outlook

Jan. 17, 2025 09:56 AM EST

WASHINGTON (AP) — The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year. But it warned that the outlook is clouded by President-elect Donald Trump’s promises to slash U.S. taxes, impose tariffs on foreign goods, ease...

The leader of Sri Lanka navigates the China-India rivalry on a visit to Beijing

Jan. 15, 2025 07:45 AM EST

BEIJING (AP) — Sri Lanka and China signed a series of cooperation agreements on Wednesday following talks between their leaders, one month after Sri Lankan President Anura Kumara Dissanayake made India his first overseas trip since winning election last September. The support of...

China's exports in December up 10.7%, beating estimates as higher US tariffs loom

Jan. 13, 2025 04:46 AM EST

HONG KONG (AP) — China’s exports in December grew at a faster pace than expected, as factories rushed to fill orders to beat higher tariffs that U.S. President-elect Donald Trump has threatened to impose once he takes office. Exports rose 10.7% from a year earlier, according to...