- April 27th, 2025
The proposed preferential trade agreement between Australia and the European Union (EU) has been suspended after five years of negotiations. The failure is partly due to the current times, with liberal trade policy retreating and government-fueled industrial policy on the...
Kazakhstan's National Bank has introduced a digital analogue to the national currency, the tenge, to streamline financial transactions and reduce corruption. The Digital Tenge (DT) is a unique payment tool that is centrally issued by the National Bank, unlike cryptocurrencies....
China's population surpassed that of China in 2023, marking the first decline since 1961. However, the country's GDP growth slowed to 3% in 2022, partly due to COVID-19 lockdowns and energy demand. In 2023, weaker retail sales, industrial output, and...
The Biden administration's new National Cybersecurity Strategy aims to prevent cyber incidents from disrupting operations and avoid cascading impacts on the U.S. economy and national security. The strategy proposes two regulations: one from the U.S. Department of Defense, which provides...
AI-enabled programs like ChatGPT can be used for criminal purposes, with concerns raised by MI5 Director General Ken McCallum and FBI Director Christopher Wray at a Five Eyes Intelligence Summit in October 2023. The platform's safety mechanisms can be circumvented...
Since November 17, the Chinese yuan (RMB) against the U.S. dollar (USD) has shown a strong rebound trend, with the onshore RMB-to-USD spot exchange rate rising above the 7.13 level by one point, closing at 7.1338, marking a nearly four-month...
The rapid development of China's digital economy has generated a massive amount of data resources, which can be used to develop local economies and finances. Professor Zhu Yangyong of Fudan University introduced "data finance" in 2015, suggesting China may be...
Africa's debt crisis, worsened by the COVID-19 pandemic, European war, and climate change, is reaching alarming proportions. Public debt in Africa reached US$1.8 trillion by 2022, an 183% increase since 2010, and nearly 300% higher than Africa's GDP growth rate....
The U.S., Africa Growth and Opportunity Act (AGOA) trade forum, set to begin in South Africa, is expected to focus on the extension of the U.S. program allowing sub-Saharan African countries duty-free access to U.S. markets. U.S. officials, including Ambassador...
Asia's manufacturers are facing worsening pressure in October as factory activity in China continues to decline, affecting recovery prospects for major exporters. Purchasing managers' indexes for China, Japan, and South Korea show activity shrinking, while Vietnam and Malaysia also face...
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