Global Trade Expands by $33tn in 2024: UNCTAD
The dynamics of global trade are changing as countries like China and India perform better than developed economies. Global trade hit a new record of $33 trillion in 2024, up…
The dynamics of global trade are changing as countries like China and India perform better than developed economies. Global trade hit a new record of $33 trillion in 2024, up…
Iraq, the second-largest OPEC producer after Saudi Arabia, struggles to generate enough energy due to production and transmission inefficiencies. Iraq is accelerating the construction of an offshore liquified natural gas…
Nasdaq 100 Index fell 3.8% as Monday’s selling wiped off over $1 trillion. Nasdaq shares saw their biggest one-day decline since 2022 as investors abandoned long-standing market leaders due to…
Last year, China recorded a record-breaking trade surplus, with exports up 5.9% and imports up 1.1% year-over-year. When Trump announced high tariffs on China, it raised concerns about whether the…
In 2010, IEA thought Brazil’s output would hit 4.4 million bpd by 2020, but it was just over 3 million. Brazil is a Schrödinger’s Cat within OPEC+. It exists both…
China wants to expand its access through state-backed tech companies, and the US wants a hands-off approach. The United States (US) and the United Kingdom (UK) have rejected an Artificial…
Many EU ministers stated that easing sanctions in the energy industry would be their top priority. The European Union’s (EU) foreign affairs ministers agreed on Monday to start lifting sanctions…
Arm, Microsoft, Nvidia, Oracle, and OpenAI will be the primary key technology partners of Stargate Microsoft announced on Tuesday that it had modified a few key terms of the agreement…
Most of the growth in billionaire wealth has increased the share value of the global stock exchange, though increasing property values have also contributed. Research by Oxfam found that the…
A U.S. District Court had charged Hino Motors with the fraudulent sale of engines that did not meet the required emission limits between 2010 and 2022 in the country. The…