As the Bank of Japan (BOJ) prepares for its monetary policy meeting on January 23-24, speculation intensifies about an interest rate hike. While the central bank is likely to raise rates from 0.25% to 0.5%, the broader focus should shift… Read More ›
India and the United States have embarked on a groundbreaking initiative to foster deeper collaboration in the space and defense sectors. Seven Indian private companies, including KaleidEO, EtherealX, and Aadyah Space, have been selected to participate in this unique program…. Read More ›
The United States has intensified its sanctions on Russia’s oil industry, targeting major producers and a significant portion of the maritime fleet involved in transporting Russian crude. On January 10, the U.S. Treasury imposed sanctions on Russian oil producers Gazprom… Read More ›
Eurozone households are maintaining high savings rates, hindering the region’s economic recovery by dampening consumer spending. In the second quarter of 2024, the household saving rate rose to 15.7%, up from 15.2% in the previous quarter, and significantly higher than… Read More ›
As Ukraine approaches the third anniversary of the conflict with Russia, the nation grapples with profound war fatigue. The prolonged conflict has taken a significant toll on both the military and civilian populations, leading to a shift in public sentiment… Read More ›
In early 2025, the United Kingdom, under Prime Minister Sir Keir Starmer, has embarked on a significant diplomatic initiative to redefine its relationship with the European Union (EU). This effort aims to address emerging global challenges and to foster a… Read More ›
China’s recent approval to construct the world’s largest hydropower dam on the Yarlung Tsangpo River has sparked intense debate globally. This massive project, set to dwarf the Three Gorges Dam in terms of energy output, will not only generate significant… Read More ›
China’s Jinjiang Group is facing significant international scrutiny after allegations surfaced regarding the treatment of workers at a construction site for BYD, a major electric vehicle manufacturer. Brazilian labor authorities have reported that workers employed by Jinjiang at a BYD… Read More ›
China recently revised its 2023 gross domestic product (GDP) upwards by 2.7%, a change that underscores the country’s ongoing structural economic adjustments while offering limited short-term growth implications. Despite this upward adjustment, policymakers continue to face mounting challenges, including subdued… Read More ›
For decades, the United States and Canada have shared a deeply interconnected automotive industry. This symbiotic relationship hinges on free trade agreements like NAFTA (now replaced by the USMCA) that facilitate the seamless exchange of raw materials, automotive parts, and… Read More ›
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