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
The 400-rack capacity facility is expected boost DRC's digital landscape
The move aims to enhance natural resource management and disaster preparedness
The Ethiopian central bank has floated the birr, a crucial step for securing IMF support and progressing its debt restructuring
Asia
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The investment aligns with India's "Viksit Bharat 2047" vision to become a leading digital economy
The deal supports ongoing reforms and debt restructuring essential for long-term economic stability
The K visa simplifies entry for young professionals, eliminating job offer requirements for STEM fieldsÂ
Under the Indonesia-EU trade deal, tariffs on 96 percent of goods will be reduced to zero over five years
The one-year loan prime rate (LPR) was held at 3.0 percent on Monday, while the five-year LPR remained unchanged at 3.5 percent
The government lowered its inflation-adjusted growth forecast for the fiscal year to 0.7 percent from 1.2 percent
Europe
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The European Commission set out two strategies to ensure Europe stays ahead, driving adoption in key industries and putting Europe at the forefront of AI-driven science
Under the Indonesia-EU trade deal, tariffs on 96 percent of goods will be reduced to zero over five years
The statistics office reported that industrial production performed worse than previously estimated
Germany, the euro area’s largest economy, recorded its third straight month of output growth in August
The government instructed departments to submit proposals to reduce the administrative burden on businesses
Transport costs surged 3.2 percent, driven by a 30.2 percent increase in airfares
Saudi Arabia
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With 95% of the land protected for nature, NEOM offers incredible biodiversity
United Arab Emirates
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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
Non-EU trade surplus hit SEK 22.7 billion during this period
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)
City renowned for being people-centric, entrepreneurial, sustainable and culturally vibrant
United States
See ArticlesThe investment aligns with India's "Viksit Bharat 2047" vision to become a leading digital economy
Net interest payments on the national debt are projected to total $14 trillion from 2026 to 2035
Broad revenue buoyancy in the U.S., including robust tariff income, will offset any fiscal slippage from tax cuts and spending increases
U.S. retail sales were up 3.9 percent compared to July 2024
Core CPI rose 0.3 percent in July and 3.1 percent from a year earlier, compared with forecasts of 0.3 percent and 3 percent
South Korea will be subject to a 25 percent reciprocal tariff unless it reaches a deal before the deadline
Worldwide
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The site will support advanced AI models, aligning with Meta's vision of achieving superintelligence by 2028Â
The investment aligns with India's "Viksit Bharat 2047" vision to become a leading digital economy
The currency swap aims to stabilize Argentina's economy amid severe liquidity shortages and volatility
The deal supports ongoing reforms and debt restructuring essential for long-term economic stability
The new tariff will significantly impact costs for truck buyers and various industries reliant on these vehicles
