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 Tianping-3A 02 satellite boosts Chinese radar imaging and supports space exploration effortsÂ
The funds will be offered to companies in national strategic industries in the form of cheap loans and other investments over the next five years
The government plans to issue $179 billion in special treasury bonds this year to finance its stimulus effort
The central bank cut the repo rate by 25 basis points to 6.25 percent after keeping it unchanged for eleven consecutive policy meetings
The country's per capita GDP has been calculated based on a nominal growth rate of 5.9 percent
India noted discussions on economic concerns to promote policy transparency
Europe
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Strengthening calls for additional interest rate cuts from ECB
Germany's manufacturing rebound and easing inflation signal a positive shift in Europe's economic engine
The bank noted that falling ECB deposit rates and reduced bond holdings will help mitigate future losses
Romania, Spain, Greece and Portugal recorded the highest employment growth compared with the previous quarter
Last week, Lagarde suggested price growth may fluctuate before slowing toward the 2 percent target later
Germany and France, the two largest economies within the bloc, have reported unexpected contractions
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
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Hyundai Steel will construct a steel mill in the state of Louisiana, capable of producing 2.7 million tons of steel annually
Tesla’s overall sales were down by 10.0 percent, driven by declines in the Cybertruck, Model 3 and Model Y
U.S. employers announced 172,017 layoffs in February, up 245 percent from January’s figures
The government plans to issue $179 billion in special treasury bonds this year to finance its stimulus effort
In the 12 months through January, core U.S. consumer prices rose 3.3 percent after gaining 3.2 percent in December
November and December payrolls were revised up by 100,000 due to routine annual adjustments
Worldwide
See ArticlesThe Tianping-3A 02 satellite boosts Chinese radar imaging and supports space exploration effortsÂ
Strengthening calls for additional interest rate cuts from ECB
Germany's manufacturing rebound and easing inflation signal a positive shift in Europe's economic engine
The bank noted that falling ECB deposit rates and reduced bond holdings will help mitigate future losses
Treasuries fell amid volatility as risk sentiment recovered