India not pursuing shared BRICS currency

India is not supporting the creation of a shared currency among the nine-nation BRICS grouping but it is trying to promote trade in its local currency, according to analysts in New Delhi. Incoming U.S. President Donald Trump recently warned BRICS nations against efforts to replace the dollar with an alternative …

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US rebounds, adds 227,000 jobs in November

WASHINGTON — America’s job market rebounded in November, adding 227,000 workers in a solid recovery from the previous month, when the effects of strikes and hurricanes sharply diminished employers’ payrolls. Last month’s hiring growth was up considerably from a meager gain of 36,000 jobs in October. The government also revised up …

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Mexico, Canada warn Trump against raising tariffs

MEXICO CITY — Mexican President Claudia Sheinbaum said on Wednesday that Mexico would retaliate if U.S. President-elect Donald Trump followed through with his proposed 25% across-the-board tariff, a move her government warned could kill 400,000 U.S. jobs and drive up prices for U.S. consumers. “If there are U.S. tariffs, Mexico would …

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World braces for impact as Trump revisits trade wars

Countries around the world are bracing for economic upheaval as incoming U.S. President Donald Trump threatens massive tariffs, especially on China. The uncertainty has left governments and businesses struggling with how to respond, as VOA’s Bill Gallo reports from Seoul, South Korea. (Contributors: Paul Ndiho and Supakit Pattaratearanon) …

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