Region
Africa
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Significant competition between the two nations is unfolding over economic reforms resulting from political transitions

China will provide Africa with RMB360 billion of financial support in the next three years, including RMB 210 billion in credit lines

Between 2000 to 2023, Chinese lenders provided 1,306 loans amounting to $182.28 billion to 49 African governments and 7 regional borrowers
Asia
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Core inflation eased from 2 percent in January to 1.6 percent in February, falling below the BOJ’s 2 percent target for the first time since March 2022

Legislation completes major portion of trade agreement intended to mitigate U.S. tariff strains on Korean goodsÂ
Europe
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Manufacturing production increased modestly, and at a pace that was only slightly slower than that seen in February

New digital status ends sticker and BRP reliance, letting applicants keep passports during decisions

Deal called consequential for Europe’s trade diversification despite opposition and legal challenges
Saudi Arabia
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The median sales price of a new U.S. home in November 2024 was $402,600, down from $437,300 in October

In August, U.S. consumer confidence declined among consumers under 35 while it increased for those 35 and older

Shipments of foreign-branded phones in China increased by 52 percent in April 2024 to 3.495 million units

The main drivers of the CPI increase were the rising costs of shelter (up 0.4 percent) and gasoline (up 2.8 percent)
United States
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Legislation completes major portion of trade agreement intended to mitigate U.S. tariff strains on Korean goodsÂ
Worldwide
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