World Economic Magazine India > Blog
01
Sep

U.S.-EU Trade Truce: 15% Tariff Deal Averts Escalation, But at What Cost?

  • Wem India / 5 months
  • 0
  • 5 min read

The transatlantic trade arena saw a dramatic pause in tension as U.S. President Donald Trump and European Commission President Ursula von der Leyen reached a provisional agreement to avert full-scale tariff warfare. The agreement maintains a 15% tariff on most European imports—a sort of middle-ground compromise to the 30% on many product lines originally threatened—giving […]

01
Sep

Expeditors Selects CloudMoyo to Deploy Icertis Contract Intelligence Across Global Operations

  • Wem India / 5 months
  • 0
  • 3 min read

BELLEVUE, Wash: Expeditors International of Washington, a global logistics powerhouse and Fortune 500 company, has partnered with digital transformation firm CloudMoyo to implement Icertis Contract Intelligence (ICI) across its worldwide operations.  The move marks a significant investment by Expeditors in automating and optimizing contract lifecycle management through AI-driven solutions. Icertis Contract Intelligence, a market leader […]

01
Sep

KIIT Powers India’s Best-Ever World University Games Performance with Record Medal Haul

  • Wem India / 5 months
  • 0
  • 3 min read

KIIT felicitates its medal-winning athletes at WUG 2025 after scripting history with India’s highest university medal tally. (Photo Courtesy: KIIT)  BHUBANESWAR, India, August 6, 2025 — In a defining moment for Indian university sports, Kalinga Institute of Industrial Technology (KIIT-DU) has propelled India to its best-ever performance at the World University Games (WUG) 2025 held in […]

31
Aug

A Trade Truce or Temporary Reprieve: The US‑EU May Embrace 15% Tariffs as Stocks Rally

  • Wem India / 5 months
  • 0
  • 4 min read

Widespread optimism engulfed global markets as investors cheered two significant trade breakthroughs: the U.S.-Japan agreement capping tariffs on autos and goods at 15%, and the potential for a reciprocal EU-U.S. deal nearing finalisation. The Dow rallied by 1.1%, the S&P 500 advanced 0.8%, and the Nasdaq surged past 21,000 for the first time. European indices, […]

31
Aug

Embark on the Journey of a Lifetime: Oceania Cruises’ New Kangaroo Route Redefines Luxury Travel

  • Wem India / 5 months
  • 0
  • 4 min read

In a bold reimagination of global travel, Oceania Cruises has unveiled its latest masterpiece – the Kangaroo Route, a dazzling 129-day sailing that traverses 34 countries, over 80 ports, and four continents aboard the luxury vessel, Oceania Vista. Set to depart from Sydney   on February 26, 2027, this journey promises more than a traditional cruise […]

29
Aug

A Warning Signal, Not a Panic Button: What the LEI Decline Says About the U.S. Economy in 2025 — and Why India Should Watch Closely

  • Wem India / 6 months
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  • 5 min read

In June 2025, the Conference Board’s Leading Economic Index® (LEI) for the U.S. dropped 0.3%, marking its third consecutive monthly decline and a 2.8% fall for the first six months of the year. However, the coincident index—a more real-time indicator of economic well-being—moved modestly upward, and lagging indicators held steady. Still, the persistence of the […]

29
Aug

Gymkhana to Launch First U.S. Location at ARIA Resort & Casino in Las Vegas This Fall

  • Wem India / 6 months
  • 0
  • 3 min read

LAS VEGAS ARIA Resort & Casino will welcome the debut of Gymkhana, the acclaimed two Michelin-starred Indian restaurant from London, marking its first location in the United States. Scheduled to open this fall, the restaurant promises to bring an elevated interpretation of Indian fine dining to the Las Vegas Strip.  Founded by siblings Jyotin, Karam, […]

28
Aug

Allianz Gets SEC Clearance to Re-Enter US Market: Redemption or Strategic Pause?

  • Wem India / 6 months
  • 0
  • 5 min read

Allianz Global Investors (AGI), the fund management arm of German financial giant Allianz, has regained its license to operate in the United States. This comes just three and a half years after it was banned for securities fraud related to its Structured Alpha funds, which collapsed during the COVID-19 market crash. The scandal, one of […]

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