Economics

Published: 26 August 2026. The English Chronicle Desk. The English Chronicle Online Canada has announced a new round of retaliatory tariffs on American goods, escalating an already tense trade dispute with the United States after negotiations between the two countries broke down. The Canadian government said the counter-tariffs would reach as high as 50% and cover almost C$28bn ($20bn; £15bn) worth of US products. The measures, which are scheduled to...

Published: 24 August 2026 | The English Chronicle Desk | The English Chronicle Online Small businesses on both sides of the US-Canada border are bracing for higher costs, falling sales and potential job losses after trade talks between Washington and Ottawa collapsed and both governments moved towards imposing 50% tariffs on selected goods. For some companies, the dispute threatens a large share of their business almost overnight. In Calgary, Alberta,...

Published: 22 August 2026. The English Chronicle Desk. The English Chronicle Online. Canada has vowed to match US tariffs “dollar for dollar” after trade negotiations with Washington collapsed without an agreement, opening a new and potentially damaging chapter in the economic relationship between two of North America’s closest allies. Canadian Prime Minister Mark Carney said Ottawa had negotiated in good faith but could not accept what he described as unfair...

Published: 11 July 2026.The English Chronicle Desk. The English Chronicle Online. Senior Labour backbenchers are urging Andy Burnham to restore Britain's international development ambitions by committing to return overseas aid spending to 0.7 per cent of gross national income, a target originally introduced under former Prime Minister Gordon Brown but abandoned during the COVID-19 pandemic. The proposal comes as Labour politicians and policy experts seek to redefine Britain's role on...

Published: 24 May 2026. The English Chronicle Desk. The English Chronicle Online. For decades, the American dream was tethered to a clear, linear path: graduate from high school, secure a college degree, and enter a career that provided the foundation for a stable, middle-class life. However, for many members of Generation Z, that once-reliable blueprint is failing to deliver on its promises. Despite a growing economy and low unemployment rates,...

Published: 24 May 2026.The English Chronicle Desk. The English Chronicle Online. Donald Trump has claimed that a peace agreement with Iran has been “largely negotiated”, signalling a potential breakthrough in efforts to end the conflict that erupted earlier this year following US and Israeli military action. The announcement, made on his social media platform after discussions with regional leaders and mediators, has sparked both cautious optimism and sharp scepticism across...

Published: 24 May 2026. The English Chronicle Desk. The English Chronicle Online. Signs of growing frustration inside Russia’s political and business elite are emerging as President Vladimir Putin faces mounting pressure from a prolonged war in Ukraine, economic instability, and increasing public dissatisfaction, according to sources close to the Kremlin and international intelligence officials. While speculation surrounding an imminent coup or collapse of the Russian leadership remains highly uncertain, interviews...

Published: 24 May 2026. The English Chronicle Desk. The English Chronicle Online. A quiet valley in Essex is rapidly transforming into one of the most promising new centres of English wine production, with growers in the Crouch Valley gaining increasing international recognition as global interest in UK-made wines continues to rise. The region, located a short drive from Chelmsford, has become home to nearly 30 vineyards and is now attracting...

Published: 24 May  2026. The English Chronicle Desk. The English Chronicle Online. The UK government has rejected a proposal to reduce VAT on electricity used at public electric vehicle (EV) charging points, intensifying a growing policy divide between departments over how to support the transition to cleaner transport while managing long-term tax revenues. Officials from the Department for Transport (DfT) had been pushing for a cut in VAT on public...

Published: 23 May  2026. The English Chronicle Desk. The English Chronicle Online A visibly emotional Australian Prime Minister Anthony Albanese has delivered a forceful defence of his government’s controversial housing and tax reforms, insisting the measures are necessary to restore fairness in the property market and expand home ownership opportunities for younger Australians. Speaking at a Victorian Labor state conference, Albanese responded to sustained political backlash over proposed changes to...