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HomeDaily NewsWednesday, July 9, 2025Geopolitical Policies and International Relations
Business & Economy3 stories from 1 sources

Geopolitical Policies and International Relations

Russia labels Yale University as 'undesirable organization'. US will hike tariffs on copper to 50%, Trump says. Action urged to halt exodus of firms leaving UK.

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Wednesday 12:40 PMCapital Business

Russia labels Yale University as “undesirable organization”

Russia labels Yale University as “undesirable organization”

Yale University has been designated an “undesirable organization” by the Prosecutor General’s Office of Russia on July 9, 2023, due to its activities perceived as threatening to Russian sovereignty.

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Key Highlights

Yale University has been designated an “undesirable organization” by the Prosecutor General’s Office of Russia on July 9, 2023, due to its activities perceived as threatening to Russian sovereignty.

  • Yale University is accused of working to provide legal justification for the seizure of Russian assets by Western nations.
  • Designation announced by the Prosecutor General’s Office of Russia.
  • The university is implicated in undermining Russia’s economic stability and supporting the funding of the Armed Forces of Ukraine.
Wednesday 7:23 AMCapital BusinessFirst

US will hike tariffs on copper to 50%, Trump says

US will hike tariffs on copper to 50%, Trump says

President Donald Trump announced a new 50% tariff on copper imports to the US, set to take effect by the end of July, as part of a broader strategy to protect American industries.

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Key Highlights

President Donald Trump announced a new 50% tariff on copper imports to the US, set to take effect by the end of July, as part of a broader strategy to protect American industries.

  • US imported about 810,000 metric tons of refined copper last year, with Chile being the largest supplier.
  • Howard Lutnick, Commerce Secretary, expects Trump to formalize the tariff decision soon.
  • The move raises uncertainty in the industry, as some are awaiting specific exemptions for certain countries and products.
Wednesday 2:00 PMCapital Business

Action urged to halt exodus of firms leaving UK

Action urged to halt exodus of firms leaving UK

The exodus of firms from the London Stock Exchange signals a critical moment for the UK's financial services sector, prompting calls for urgent action from the Confederation of British Industry (CBI).

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Key Highlights

The exodus of firms from the London Stock Exchange signals a critical moment for the UK's financial services sector, prompting calls for urgent action from the Confederation of British Industry (CBI).

  • 213 firms have left since 2016, with 88 exiting last year alone.
  • Rupert Soames, CBI chair, advocates for regulatory changes to attract investment.
  • The UK stock market faces increased competition as notable companies like ARM Holdings and Just Eat move their listings abroad.
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