LIANYUNGANG, CHINA – JANUARY 17, 2024 – A large number of cars are ready to be shipped for export at the port of Lianyungang, Jiangsu province, China, January 17, 2024. (Photo credit should read CFOTO/Future Publishing via Getty Images) Future Publishing | Future Publishing | Getty Images BEIJING — China failed to replace Japan as … Read more
Riyadh, Saudi Arabia. Xavierarnau | E+ | Getty Images Saudi Arabia’s fourth-quarter real GDP fell 3.7% year-on-year, according to flash estimates published by the General Authority for Statistics on Wednesday. That’s a smaller drop than the 4.4% year-on-year slide in the third quarter. The drop was attributed to a 16.4% decline in oil activities, while … Read more
Parliament building in New Delhi, India. Vipin Kumar | Hindustan Times | Getty Images India is set to release its interim budget for 2024 on Thursday, ahead of the country’s highly anticipated general elections. Finance Minister Nirmala Sitharaman will be presenting the pre-election budget for the fiscal year which runs from April 1, 2024 to … Read more
A cargo ship crosses the Suez Canal, one of the most critical human-made waterways, in Ismailia, Egypt on December 29, 2023. Fareed Kotb | Anadolu | Getty Images The world’s largest shipping company, MSC, and several retail and trade experts warned Congress on Tuesday that if the Red Sea chaos caused by Houthi rebel attacks … Read more
Buildings in Pudong’s Lujiazui Financial District in Shanghai, China, on Monday, Jan. 29, 2024. Bloomberg | Bloomberg | Getty Images The International Monetary Fund on Tuesday nudged its global growth forecast higher, citing the unexpected strength of the U.S. economy and fiscal support measures in China. It now sees global growth in 2024 at 3.1%, … Read more
A pedestrian speaks on a mobile phone as he watches a digital screen relaying the budget speech by Indian Finance Minister Nirmala Sitharaman on the facade of the Bombay Stock Exchange (BSE) in Mumbai on February 1, 2021. PUNIT PARANJPE | AFP via Getty Images India could become the world’s third-largest economy by 2027 with … Read more
Guyana, a tiny South American nation home to more than 800,000 people, made big headlines in December. The reason? Its neighboring country, Venezuela. Venezuela’s autocratic leader Nicolás Maduro called for a referendum in the first week of December 2023 to seek approval to annex Essequibo, which makes up two-thirds of Guyana’s land. Venezuelans approved it … Read more
Stick figures image displayed on a laptop screen and a binary code displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on January 24, 2023. (Photo by Jakub Porzycki/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images As tech firms prioritize investments into artificial intelligence and go on … Read more
Javier Milei, Argentina’s president, during a special address on day two of the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, Jan. 17, 2024. Bloomberg | Bloomberg | Getty Images Argentina’s largest labor union grouping on Wednesday is expected to hold a nationwide general strike to protest President Javier Milei’s shock economic agenda. The … Read more
HANGZHOU, CHINA – APRIL 6, 2023 – A Cargo plane of Maersk AIR Cargo is seen at Hangzhou Xiaoshan International Airport in Hangzhou, Zhejiang province, China, April 6, 2023. On November 4, 2023, the international shipping industry giant Maersk’s revenue in the third quarter of 2023 was 12.13 billion US dollars, down 46.73% year-on-year; Net … Read more
