- January 30th, 2025
Washington US retail sales increased more than expected in September, driven by increased motor vehicle purchases and spending at restaurants and bars. This data supports expectations of economic growth accelerating in the third quarter. However, the Commerce Department report suggests...
The first agreement negotiated as part of the Indo-Pacific Economic Framework for Prosperity (IPEF) has been released, providing concrete insights into the potential of the agreement to enhance the region's economic architecture. The agreement focuses on supply chain resilience, aiming...
India, the world's second-largest producer of rice, wheat, vegetables, and fruit, is a country that multinational corporations involved in genetically modified (GM) crops cannot ignore. GM crops can boost plant resistance to pests, help grow in difficult conditions like drought,...
The annual IMF/World Bank meetings in Morocco have been the most confrontational yet by US/NATO diplomacy towards China and its BRICS+ allies. The issue is not rivalry, but rather the world's support for US unipolar dominance or a multipolar philosophy...
India, the world's second-largest coal producer, is facing potential layoffs of 73,800 direct workers by 2050, according to a report by state-owned Coal India. The report suggests that close to a million coal mine jobs, or more than a third...
Fifty years ago, Saudi King Faisal and other Arab leaders launched an oil embargo in 1973 as a payback for Washington's support for Israel in its war with Egypt and Syria. The embargo arose from a pact between Faisal and...
Zimbabwe's economic meltdown has led to a surge in mass migration, with neighboring South Africa reporting an average annual increase of nearly 31,000 Zimbabwean immigrants in 2018. This is a significant increase from the previous year, when the country was...
Taiwanese semiconductor giant TSMC has applied for permanent authorization from Washington to allow the export of US chip-making equipment to its China-based factory. The US imposed export restrictions last year to prevent China from acquiring advanced semiconductor technology. The restrictions...
Stock markets were mixed on Friday, with oil prices rising due to concerns about the impact of the Israel-Hamas conflict on Middle Eastern supplies. European gas prices reached their highest levels since February, and Energi Danmark analysts attributed the recent...
Bangladesh, a country known for its power blackouts, has the capacity to produce electricity that outpaces demand and pays millions of dollars monthly to power plants when they are idle. The government has spent over $9 billion since 2009 to...
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