Global stock markets plummeted on Monday as tariff fears triggered panic among investors. With uncertainty over U.S. trade policies, futures markets priced in multiple interest rate cuts, heightening recession concerns. Major global indices saw sharp losses, while safe-haven assets surged.
Global stock markets experienced a sharp decline on Monday as U.S. President Donald Trump remained steadfast in his tariff policies, triggering widespread panic among investors. The uncertainty surrounding tariffs has pushed futures markets to price in nearly five interest rate cuts by the Federal Reserve this year, sparking fears of a potential U.S. recession.
As stock prices plummeted, Treasury yields dropped, and investors flocked to safe-haven assets like the Japanese yen. The S&P 500 futures fell almost 5%, and the Nasdaq futures saw a dramatic 5.7% drop. Markets across Europe and Asia also suffered significant losses, with Germany’s DAX sinking by 9.4% and Hong Kong’s Hang Seng Index posting its largest decline since the 2008 financial crisis.
The tariff turmoil has led to rising concerns about inflation, with many companies facing pressure to either raise prices or absorb lower profit margins. Analysts expect more negative revisions to profit margin estimates as the earnings season gets underway.
Despite these market disruptions, analysts are betting that the Federal Reserve could reduce interest rates as early as May to cushion the economic impact. However, it remains unclear how long this downward market spiral will last amidst growing global uncertainty.
Wikimedia Foundation has appealed an Indian court ruling that ordered the removal of allegedly defamatory content about ANI. This follows ANI's lawsuit over a Wikipedia description labelling it a "government propaganda tool", highlighting tensions in content regulation.
Tesco is set to respond to Asda’s price-cutting strategy as it reports full-year results. While Asda aims to reclaim market share with lower prices, analysts question its sustainability. Tesco, with a strong balance sheet, expects steady growth despite rising costs.
China has escalated its control over vital mineral exports in retaliation to U.S. tariffs, intensifying global supply chain fears as it tightens curbs on rare earths, battery metals, and strategic technologies critical for defence and green energy.
The EU is preparing countermeasures after Trump’s sweeping tariffs, set to impose a 10% minimum duty on imports and 20% on EU goods. European leaders warn of economic fallout as trade ministers plan next steps, with talks critical to avoiding a trade war.
Shares in Nike, Adidas, and Puma fell sharply after the U.S. imposed steep tariffs on Vietnam, Indonesia, and Cambodia, key sourcing hubs. The move raises concerns over rising costs and supply chain disruptions, adding fresh uncertainty to global markets.
Doctors Without Borders (MSF) reported on Monday that six children in the Samos migrant camp in Greece are suffering from acute malnutrition, spotlighting worsening humanitarian conditions in the EU-funded facility.
Afghanistan and Turkmenistan officials visited the TAPI pipeline site in Herat, reaffirming commitment to the key regional energy project. The pipeline will deliver Turkmen gas to India via Afghanistan and Pakistan, with efforts now focused on accelerating construction.
PACE's Spring session opens in Strasbourg with Georgia’s delegation under scrutiny. A key decision on April 10 may determine whether Georgia retains full representation—or joins Azerbaijan with restricted rights in the Assembly.
Bangladesh’s interim head, Muhammad Yunus, has written to U.S. President Donald Trump requesting a three-month delay on a 37% tariff on imports, emphasizing efforts to boost imports from the U.S.
European Union trade ministers voiced strong support on Monday for launching negotiations with Washington to defuse escalating trade tensions, while also preparing targeted countermeasures against U.S. tariffs.
Aid groups in Myanmar’s worst-hit areas urgently need shelter, food, and water after a devastating 7.7 magnitude earthquake killed over 2,700 people. Rescue efforts face challenges due to ongoing civil war, damaged infrastructure, and restricted aid access, with the toll expected to rise.
The inaugural Samarkand International Climate Forum will kick off on 4th April at the Silk Road Samarkand Congress Center in Uzbekistan. The high-profile forum will be held under the theme "Central Asia Facing Global Climate Challenges: Consolidation for Shared Prosperity."
The first-ever summit between the European Union (EU) and the five Central Asian nations—Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan - began today in Samarkand, Uzbekistan.
President Trump’s new tariffs hit 185 countries, with Kazakhstan facing the highest rate at 27%. Kazakhstan now seeks talks with U.S. officials to ease the impact.
The U.S. has pressured Lebanon to act against Hezbollah, urging the Lebanese Armed Forces (LAF) to enforce a ceasefire. The LAF, caught between U.S. demands and Hezbollah’s influence, risks losing vital U.S. support if it fails to act.
Canada has requested WTO dispute consultations with the United States regarding President Donald Trump's decision to impose a 25% tariff on cars and car parts from Canada, the World Trade Organization announced on Monday.
Global stock markets experienced a dramatic sell-off on Monday as investors reacted to the latest surge in US tariffs, raising fears of a potential global economic slowdown. European and Asian shares plummeted sharply, while US futures signaled the risk of a bear market, and oil prices also slid.
Chinese battery giant CATL is in talks to acquire a controlling stake in Nio’s power unit, which operates over 3,000 battery swapping stations across China. This deal highlights Nio's efforts to strengthen its position in the competitive EV market and expand its charging infrastructure.
Ongoing uncertainty surrounding US President Donald Trump's tariff strategy has driven Bitcoin's value below the $75,000 mark on Monday.
Wikimedia Foundation has appealed an Indian court ruling that ordered the removal of allegedly defamatory content about ANI. This follows ANI's lawsuit over a Wikipedia description labelling it a "government propaganda tool", highlighting tensions in content regulation.
Doctors Without Borders (MSF) reported on Monday that six children in the Samos migrant camp in Greece are suffering from acute malnutrition, spotlighting worsening humanitarian conditions in the EU-funded facility.
Afghanistan and Turkmenistan officials visited the TAPI pipeline site in Herat, reaffirming commitment to the key regional energy project. The pipeline will deliver Turkmen gas to India via Afghanistan and Pakistan, with efforts now focused on accelerating construction.
PACE's Spring session opens in Strasbourg with Georgia’s delegation under scrutiny. A key decision on April 10 may determine whether Georgia retains full representation—or joins Azerbaijan with restricted rights in the Assembly.
Bangladesh’s interim head, Muhammad Yunus, has written to U.S. President Donald Trump requesting a three-month delay on a 37% tariff on imports, emphasizing efforts to boost imports from the U.S.
European Union trade ministers voiced strong support on Monday for launching negotiations with Washington to defuse escalating trade tensions, while also preparing targeted countermeasures against U.S. tariffs.
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