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 market is expected to reach KRW1,510.2 trillion ($1.1 trillion) by 2029, supported by the country’s exceptionally high card penetration, robust payments infrastructure, and continued government efforts to promote cashless transactions
Semiconductors continued to power overall export growth despite U.S. tariff measures affecting global trade flows
Card payments market is driven by contactless adoption and strong banking access
The agreement allocates $200 billion in cash payments, capped at $20 billion per year, and $150 billion for joint shipbuilding projects
China’s imports rose 1 percent in October from a year earlier, slowing sharply from 7.4 percent growth in September
South Korea aims to become a top global AI powerhouse with NVIDIA's advanced computing technologiesÂ
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 agreement allocates $200 billion in cash payments, capped at $20 billion per year, and $150 billion for joint shipbuilding projects
South Korea aims to become a top global AI powerhouse with NVIDIA's advanced computing technologiesÂ
A joint venture will fund a plant with an estimated capacity of 100 tons of galliumÂ
The 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
Worldwide
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Ukraine reaches agreement with IMF for new 48-month funding arrangement providing up to $8.1 billion
Total financing gap for Ukraine is projected at around $136.5 billion through 2026-29Â
Semiconductors continued to power overall export growth despite U.S. tariff measures affecting global trade flows
The global cereal production forecast for 2025 has been revised upward to a record 2.99 billion metric tonsÂ
South Korea aims to become a top global AI powerhouse with NVIDIA's advanced computing technologiesÂ
Agreements cover 68 percent of U.S.-ASEAN trade, reshaping economic ties in the region