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Poland’s Central Bank Poised to Cut Rates to 5.50% Amid Sluggish Growth

Amid weak consumer demand and decreasing inflation, Polands central bank is anticipated to lower its benchmark interest rate by 25 basis points to 5.5

Amid weak consumer demand and decreasing inflation, Polands central bank is anticipated to lower its benchmark interest rate by 25 basis points to 5.50% on Wednesday, its first action since March. The expected easing is attributed by analysts to a slowdown in economic activity and a decline in core inflation. After an unexpected rate drop in September 2023, the rate has been steady for months. Even if headline inflation decreased to 4.8% in July, slow growth and falling retail sales continue to be causes for concern. In light of the impending parliamentary elections, the National Bank of Poland seeks to strike a balance between economic stimulus and inflation control. As global central banks move towards cautious rate adjustments in the face of uneven recovery trends, markets are intently monitoring any indications regarding future monetary policy. Read More..

B2B Tech News | 4 months ago        

Intel Secures Early Access to $5.7B CHIPS Act Funds for U.S. Chip Expansion

In order to expedite domestic semiconductor manufacture, Intel has secured early access to $5.7 billion in federal financing through an amendment to i

In order to expedite domestic semiconductor manufacture, Intel has secured early access to $5.7 billion in federal financing through an amendment to its CHIPS Act deal with the U.S. Commerce Department. Intel can now access funding ahead of schedule to support important projects in Arizona, Ohio, New Mexico, and Oregon thanks to the updated agreement. This action supports Washingtons efforts to improve national security and lessen dependency on Asian chipmakers. In addition, Intel will get $11 billion in tax breaks and loans, along with supervision clauses. The goal of the funding is to restore U.S. leadership in semiconductor innovation by supporting improved chip production and packaging. The revision highlights the rising need to create robust supply chains in the face of geopolitical conflicts and global tech competition. Read More..

B2B Tech News | 4 months ago        

Trump Threatens 200% Tariff on China Over RareEarth Magnet Supply

If Beijing is unable to provide rareearth magnets, which are essential parts for defence systems, electric cars, and smartphones, U.S. President Donal

If Beijing is unable to provide rareearth magnets, which are essential parts for defence systems, electric cars, and smartphones, U.S. President Donald Trump has threatened to raise tariffs on Chinese goods by 200%. Despite a 90day tariff truce between the United States and China that was agreed to on August 12, the warning was given before his meeting with South Korean President Lee Jae Myung. Trade tensions have escalated due to the recent tightening of export regulations by China, the worlds largest producer of rareearth elements. Trumps remarks, which have not yet received an official response from Beijing, indicate a tough posture during precarious discussions. The threat complicates the already tense U.S.China trade relationship by bringing up issues with global supply chains and perhaps inciting retaliatory actions. Read More..

B2B Tech News | 4 months ago        

G20 Finance Chiefs Meet in Durban Amid Tariff Tensions and $800B African Debt Crisis

Leaders of the G20 finance ministers conference in Durban are attempting to strengthen international collaboration in the face of growing geopolitical

Leaders of the G20 finance ministers conference in Durban are attempting to strengthen international collaboration in the face of growing geopolitical division, debt problems, and tariff concerns. Under the first African presidency, South Africa is hosting the summit, which focuses on Global South objectives like climate finance, infrastructure, and multilateral bank reform. Trumps proposed 30% tariffs on EU goods could destroy transatlantic trade, according to German authorities, while South Korea and other countries prepare for similar actions. U.S. Treasury Secretary Scott Bessents absence has sparked questions about Washingtons commitment to multilateralism. Africas external debt has risen to $800 billion, leading to demands for additional aid and transparent lending. Despite disagreements, delegates want to publish a statement outlining common economic objectives. Read More..

B2B Tech News | 7 months ago        

India Negotiates Copper Supply With Chile and Peru Amid Soaring Import Dependency

India is now engaged in free trade agreement FTA negotiations with Chile and Peru to gain longterm access to vital minerals, particularly copper conce

India is now engaged in free trade agreement FTA negotiations with Chile and Peru to gain longterm access to vital minerals, particularly copper concentrate. Over 90% of Indias copper demands are currently satisfied through imports, and by 2047, that percentage is expected to increase to 97%. The goal of the proposed FTAs copperspecific provision is to lessen dependency on China, which controls the worlds supply chain for rare earth magnets and has recently imposed export restrictions. India is also looking into forming alliances with nations like South Korea and Japan for processing technology and offering incentives for domestic magnet manufacture. These initiatives back Indias strategic drive to acquire raw materials essential to the automobile, electronics, and renewable energy industries. Read More..

B2B Tech News | 7 months ago        

Trump Gives Russia 50 Days to End Ukraine War or Face 100% Secondary Tariffs

President Donald Trump has threatened to impose 100% "secondary tariffs" on Russian trading partners unless a peace agreement is reached to end the co

President Donald Trump has threatened to impose 100% "secondary tariffs" on Russian trading partners unless a peace agreement is reached to end the conflict in Ukraine within 50 days. Trump, speaking with NATO Secretary General Mark Rutte, bemoaned Vladimir Putins persistent missile strikes on Kyiv in spite of diplomatic discussions. The tariffs, which are intended to economically isolate Moscow, would be imposed on nations that do business with Russia. In order to strengthen Ukraines defences, Trump simultaneously announced a huge NATO arms sale that included Patriot missile systems and was financed by countries like Germany, Canada, and Sweden. As bipartisan support for even more severe sanctions on Russia and its enablers builds, Trumps approach changes from accommodative to aggressive. Read More..

B2B Tech News | 7 months ago        

Tesla Enters Indian Market With PremiumPriced Model Y—Deliveries Begin Q3 2025

The Model Y, which costs ₹60 lakh $69,766 for the rearwheel drive version and ₹68 lakh $79,000 for the longrange version, has been formally introd

The Model Y, which costs ₹60 lakh $69,766 for the rearwheel drive version and ₹68 lakh $79,000 for the longrange version, has been formally introduced by Tesla in India. With the opening of its first showroom in Mumbai, Tesla finally makes its longawaited debut in the Indian market. Since the cars would be imported, high tariffs and penalties will make them much more expensive than they would be in the US, China, or Germany. With deliveries anticipated to start in Q3 2025, Tesla is aiming to compete with luxury EV manufacturers like MercedesBenz and BMW. Officials alluded to potential future R&D and production opportunities in India, even if local manufacturing is not now envisaged. Read More..

B2B Tech News | 7 months ago        

Apple Invests $500M in MP Materials to Secure U.S. Rare Earth Supply Chain

To bolster its domestic supply chain, Apple has announced a $500 million investment in MP Materials, the owner of the only fully integrated rare earth

To bolster its domestic supply chain, Apple has announced a $500 million investment in MP Materials, the owner of the only fully integrated rare earth mine in the United States. As part of the agreement, Apple will buy rare earth magnets manufactured in the United States from MPs Texas factory, which will provide parts for Apple devices. In order to recycle discarded electronics and industrial garbage, the firms will also construct a new magnet factory in Fort Worth and a recycling facility in Mountain Pass, California. This action supports initiatives to lessen dependency on Chinese rare earths, particularly in light of recent export limitations, and is consistent with Apples larger $500 billion commitment to U.S. investments. Additionally, the collaboration helps Apples objectives in innovation and sustainable production. Read More..

B2B Tech News | 7 months ago        



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