Economic growth
In light of the global economy's uncertainty and complex challenges, including ongoing wars, conflicts, geopolitical and trade tensions, disruptions to global supply chains, high debt levels, and extreme weather events, the Deputy Minister of Finance, Dr David Masondo, highlighted the importance of fair trade. The Group of Twenty
Economic growth
Australia's labor demand and economic growth have been navigating uncharted territories amidst global economic uncertainties, particularly in the United States. As the year marks the halfway point, the country's economy is beginning to show signs of recovery in Q2, but its resilience remains uncertain. Australia'
Economic growth
The Bank of Ireland has significantly revised its economic growth forecast, driven by exceptional surges in multinational output and exports, strong consumer and public spending, and a rapid pace of new job creation. Amidst the uncertainty posed by President Trump's tariffs, the bank's latest forecast predicts
Economic growth
As the world grapples with intensifying trade protectionism and unilateralism, China has remained committed to promoting high-level opening-up to the outside world, injecting warmth into the global economy with practical actions. With the theme "Connecting the World, Creating the Future," the 3rd China International Supply Chain Promotion Expo
International trade
The money sent home by Filipinos overseas grew by 2.9 percent year-on-year in May, reaching $2.66 billion, according to the Bangko Sentral ng Pilipinas (BSP). This marked a slowdown from the 4-percent annual expansion in April, but still better than the BSP's projection of 2.8
International trade
China and Australia have reaffirmed their commitment to deepening their economic and trade partnership, despite ongoing global challenges. Chinese Premier Li Qiang and Australian Prime Minister Albanese met in Beijing on July 15, marking the tenth annual China-Australia prime ministers' meeting. The two leaders emphasized the importance of strengthening
International trade
The global economy has undergone significant changes, with the US, once a major creditor nation, now facing a significant current account deficit. This shift has implications for global trade, investment, and economic power dynamics. The US, heavily reliant on consumer spending and fueled by debt, has seen its current account
International trade
Chinese Vice Minister Wang Lingjun emphasized the importance of cooperation in developing economic and trade relations between China and the US at a press conference in Beijing. He highlighted the necessity of dialogue and cooperation in achieving fair and open trade, and encouraged implementation of the goals outlined during high-level
Economic growth
Ghana's Education Minister, Mr. Haruna Iddrisu, emphasized the crucial role of Technical and Vocational Education and Training (TVET) in fostering innovation, employment, social mobility, and entrepreneurship, which are key drivers of sustainable economic growth. Speaking at the TVET Pitso and Expo in Gaborone, Mr. Iddrisu acknowledged the challenges
Economic growth
Mr Haruna Iddrisu, Ghana's education minister, emphasizes the crucial role of Technical and Vocational Education and Training (TVET) in fostering innovation, employment, social mobility, and entrepreneurship, which are vital drivers of sustainable economic growth. Despite facing challenges such as high costs, public misconceptions, and difficulties in aligning training
International trade
President Donald Trump's surprise declaration to impose a 30% tariff on all imports from the European Union and Mexico, set to begin August 1, has sent diplomatic shockwaves across global capitals, reigniting fears of a sweeping trade war that could rattle markets and fracture long-standing alliances. The tariffs,
Economic growth
As the President Ferdinand Marcos Jr.'s term nears the midway point, the country's economic chiefs are reviewing the administration's performance in managing national wealth. The Marcos administration has missed its target economic growth for two consecutive years, falling short of expectations. Despite the global
