The Group of 20 (G20) major countries were unable to come to terms on specific goals for reducing harmful emissions on Friday, instead issuing a statement that called the present climate change mitigation efforts “inadequate.” The deadlock, which was the… Read More ›
According to four sources, Argentina’s preliminary agreement with the IMF is expected to consolidate evaluations of its $44 billion loan programme, potentially paving the way for streamlining payments to the cash-strapped nation. The third-largest economy in Latin America has been… Read More ›
Global investors are increasingly choosing to avoid China’s markets in favour of those of other rising nations that are either benefiting from or far removed from the geopolitical and growth uncertainties that loom over the world’s second-largest economy. According to… Read More ›
The Biden administration is attempting to precisely target U.S. export restrictions to China, but regulations may cost businesses some income, according to Gina Raimondo, the secretary of commerce, on Wednesday. At a seminar, Raimondo stated that restrictions shouldn’t be so… Read More ›
In the midst of a difficult post-COVID recovery, China’s top leaders committed on Monday to increase policy support for the economy, focusing on increasing domestic demand and indicating additional stimulus measures. The second-largest economy in the world expanded at a… Read More ›
According to three reports, major fossil fuel producers such as Saudi Arabia and Russia on Friday opposed a plan to increase the G20’s renewable energy capacity by 2030. The plan was also opposed by coal exporters South Africa and Indonesia… Read More ›
According to Albert Park, chief economist of the Asian Development Bank, China’s hesitant consumer confidence has been “a dampener” for its frail recovery. The second-largest economy in the world earlier this week released second quarter GDP figures that mostly fell… Read More ›
China reported Monday that its second-quarter GDP increased by 6.3% year on year, falling short of estimates. In June, the unemployment rate among young individuals aged 16 to 24 was 21.3%, a new high. The second-quarter GDP figure of 6.3%… Read More ›
The recent developments at the Jack Ma-founded Ant Group have only served to serve as a reminder to international investors of the country’s changeable regulatory rules and the vulnerability of the sector, rather than sparking a relief rally in China’s… Read More ›
By 2075, India will surpass not just Japan and Germany but also the United States to become the second-largest economy in the world, according to Goldman Sachs. India currently has the fifth-largest economy in the world, trailing only China, the… Read More ›
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