Global economy
US President Donald Trump began a major trip to Asia this week, with a crucial meeting with Chinese leader Xi Jinping set to take place in South Korea on October 30. The highlight of the trip includes a potential meeting with North Korean leader Kim Jong Un, as well as
Global economy
US President Donald Trump's upcoming trip to Asia is shrouded in uncertainty, with the White House providing little information on the schedule and agenda. However, Trump has made it clear that he hopes to seal a "good" deal with China and end the bitter trade war
Global economy
The Trump administration is racing to secure alternative sources of crucial rare earth minerals as China tightens its grip on supply. The US position is clear: get the materials out of the ground at any cost. The minerals, essential for critical technologies like computing, telecom, and military equipment, are largely
International trade
Despite the challenges posed by rising tariffs, record debt repayments, and growing mistrust, the world has so far avoided a devastating tariff war, a top UN trade official said. Rebeca Grynspan, the UNCTAD Secretary-General, emphasized that 72% of global trade still moves under WTO rules, and that efforts to negotiate,
International trade
China's commitment to green shipping initiatives has reached new heights as the country aims to navigate the unpredictable global trade landscape. The 2025 North Bund Forum in Shanghai showcased China's determination to advance the development of the shipping industry through collaborative efforts and technological innovation. By
Global economy
The ongoing trade war between the US and China is having far-reaching and unpredictable consequences for the global economy. The latest economic report from the International Monetary Fund paints a middling forecast, but the reality on the ground is volatile and uncertain. New tariffs and restrictions are being implemented at
International trade
Despite uncertainty, the global economy has made significant progress, but the outlook remains weak due to public debt, excessive imbalance, and unpredictable forces of change. IMF Managing Director Kristalina Georgieva emphasized the importance of adaptability, privatization, and sound policies to foster growth and job creation. Georgieva also highlighted the need
Global economy
The ongoing trade war between the US and China is having far-reaching and unpredictable consequences for the global economy. The latest economic report from the International Monetary Fund paints a middling forecast, but the reality on the ground is volatile and uncertain. New tariffs and restrictions are being implemented at
Tariffs
The International Monetary Fund (IMF) has published its latest global outlook report, providing a mixed bag of predictions for the UK economy. The report forecasts that the UK will experience the second-fastest growth among G7 nations this year, with a 1.3% increase in GDP, but will also face stronger
Tariffs
The global economy is witnessing a spike in unpredictability, driven by the escalating trade war between the United States and China. The latest developments are casting a shadow over the economic forecast, with experts warning of far-reaching consequences. The International Monetary Fund has released a report that reflects the increasing
International trade
The Asian Development Bank (ADB) has announced the approval of a $500 million programmatic loan for Uzbekistan aimed at improving the country's public sector efficiency, economic governance, and integration into the global economy. The Economic Governance Improvement Program (Phase Two) will build on previous reforms and support institutional
Global economy
Antimicrobial resistance (AMR) poses a catastrophic threat to global healthcare systems, economies, and lives, with over 4.5 million deaths annually attributed to this issue. The World Economic Forum warns that the world's antimicrobial pipeline is collapsing, accelerating resistance rates, and exposing trillions of dollars in economic costs.
