By Arendse Huld
China’s recovery after almost three years of stringent COVID-19 restrictions has proven successful but not without its challenges. Recovery has been steady across a range of sectors, while uneven growth has spurred the government to consider policy measures to keep the country on t...
By Rhod Mackenzie
The share of Russian oil supplies to India reached a record 46% in May, Bloomberg reports citing data from the analytical firm Kpler. The publication calls such a sharp increase in oil supplies from the Russian Federation as stunning, since until 2022 their share was less than 2%....
Several House Republicans recently wrote an open letter to Secretary of State Antony Blinken, urging the government not to renew China-US Science and Technology Cooperation Agreement, which is set to expire on August 27. Previously, there were reports of internal debates within the US government on...
Last year in Germany was a record year for rising electricity prices. As a result, a new trend was born in the country - the transfer of business to a country where it is cheaper than in Germany. According to the head of the Federal Association of German Industry (BDI), Siegfried Russwurm, the energ...
By Rhod Mackenzie
The Presidents of Brazil and South Africa, Luis Ignacio Lula da Silva and Cyril Ramaphosa, respectively, speaking on Friday, June 23, at the plenary meeting of the World Economic Forum in Paris, said that the upcoming BRICS summit will also discuss the currency issue. We are talk...
The profits of China's industrial enterprises above a designated scale hit 2.67 trillion yuan ($369.37 billion) from January to May in 2023, declining by 18.8 percent year-on-year, narrowing 1.8 percentage points over the January-April reading as Chinese economy continued to recover, the National Bu...