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April 2025

Adidas Warns US Tariffs Will Raise Product Costs

New York: Adidas warned Tuesday that rising US tariffs will eventually increase the cost of its products in the American market. In a press release, CEO Bjorn Gulden said the company has already minimized exports from China to the US, but that the new…

Poverty on the Rise in Germany as Inflation Hits Hard

Berlin: The economic situation for Germany’s poor has deteriorated rapidly, with inflation hitting the country’s most vulnerable populations hardest, according to a new report released Tuesday.

According to Anadolu Agency, the study by the German P…