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Economy

US may demand ,000 deposit for visas

US may introduce $15,000 deposit for visas

El gobierno de EE.UU. está aparentemente considerando una política que exigiría a algunos ciudadanos extranjeros desembolsar un depósito considerable — posiblemente de hasta $15,000 — como un requisito para obtener un visado. La propuesta, que ha generado discusión entre expertos en inmigración y viajeros internacionales, tiene como objetivo fomentar el cumplimiento de los términos del visado y disminuir los casos de permanencia más allá del tiempo permitido.While the measure has not yet been fully implemented, discussions around the visa bond have been ongoing in recent years, particularly in the context of immigration enforcement and national security. The idea is to…
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Trump attacks 'woke' Jaguar as firm names new boss

Trump mocks ‘woke’ Jaguar as firm appoints new boss

Former U.S. President Donald Trump has once again voiced criticism of what he calls “woke” corporate behavior—this time targeting Jaguar, the luxury British car manufacturer. The comments come as the automaker announces the appointment of a new chief executive and continues efforts to redefine its brand in an evolving global market.Trump, recognized for his candid opinions on corporate culture, criticized Jaguar for what he sees as a move towards progressive values in its marketing and branding approaches. Despite the company not offering a direct response to his comments, the incident underscores the increasing friction between conventional political personalities and significant…
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BP to review oil and gas projects to boost profits

BP to analyze oil and gas projects for greater profit

BP is conducting a strategic assessment of its oil and gas activities as part of a wider initiative to boost profitability and increase shareholder value. This step indicates a renewed emphasis on performance within the company's conventional energy sector as it faces the challenges of a changing global energy environment.The review comes amid ongoing market volatility and increasing investor pressure for energy companies to strike a balance between near-term financial performance and long-term sustainability commitments. While BP has made headlines in recent years for its investments in renewable energy and low-carbon initiatives, this latest development underscores the continuing importance of…
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How South Korea's K-beauty industry is being hit by Trump tariffs

How South Korea’s K-beauty market is coping with Trump tariffs

South Korea’s globally renowned K-beauty industry is facing mounting pressure as a result of tariffs imposed under trade policies introduced during the administration of former U.S. President Donald Trump. Once celebrated for its rapid international growth and influence on global beauty trends, the sector is now grappling with increased costs, disrupted supply chains, and uncertainty about future market access—particularly in the United States, one of its key export destinations.The tariffs, originally designed to counter what the Trump administration called unfair trade practices by China and other countries, have had broader repercussions, impacting industries and nations that were not their primary…
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After a blown deadline, what next for US-Canada trade?

What comes next for US-Canada trade after a blown deadline?

The recent failure to meet a key trade deadline between the United States and Canada has left both governments and industry stakeholders uncertain about the next phase in their economic relationship. With negotiations stalled and critical decisions postponed, attention has now turned to what this delay could mean for cross-border commerce, regulatory alignment, and long-term trade policy.The originally established timeline, part of wider initiatives aimed at updating bilateral trade agreements, expired without resolution because of ongoing disagreements in crucial areas like farming, car production, and digital trade. Even though there were several negotiation sessions and public declarations affirming mutual dedication…
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Tesla awards boss Elon Musk bn in shares

Elon Musk secures $29bn in Tesla shares as boss

Tesla CEO Elon Musk has received a significant stock award worth an estimated $29 billion, representing one of the largest executive compensation deals in corporate history. This award, linked to a long-term performance plan, highlights Musk's crucial role in the company's swift expansion and shows Tesla's trust in his leadership for the future.The remuneration plan, initially sanctioned by Tesla's board and shareholders some years back, ties Musk's possible income to a set of challenging goals related to operations and market capitalization. This most recent portion of shares was activated once Tesla achieved certain objectives, like ongoing revenue increases, profitability aims,…
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Confusion and anger in Switzerland - hit by highest tariffs in Europe

Swiss citizens express anger as Europe hits with steepest tariffs

The announcement of new trade tariffs has sparked widespread confusion and growing frustration in Switzerland, which now faces some of the steepest import duties among European nations. Businesses, economists, and government officials are trying to understand why a country known for its neutrality and economic cooperation is being hit so hard.The tariffs, introduced as part of a broader trade policy shift, are already beginning to impact key sectors of the Swiss economy. For a nation that heavily relies on exports and maintains complex supply chains with neighboring countries, the sudden cost increase is more than an inconvenience—it threatens to affect…
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