Economy
Floods Erase $42 Billion from Australian Real Estate Market: Report
Australia's property market has faced a severe downturn, with an estimated $42.2 billion loss in national property values primarily due to increased flood...
US-China trade tensions obscure global economic forecast as a ‘new normal’ takes shape.
The global economy is currently grappling with severe challenges as U.S.-China trade disputes escalate, creating a "new normal" filled with uncertainty and possible...
EU Mulls Implementing Restrictions on Chinese Investments, Such as Technology Transfers
The European Union (EU) is contemplating new conditions for Chinese companies wishing to invest in Europe, particularly regarding technology and know-how transfers. This...
EU suggests measures to protect steel industry, alarming UK manufacturers
The European Union has proposed substantial changes to its steel import policies to boost domestic production and tackle global overcapacity. Key aspects of...
African trade bloc COMESA introduces digital payment system.
The Common Market for Eastern and Southern Africa (COMESA) has launched a Digital Retail Payments Platform (DRPP) designed to enhance cross-border trade among...
Stocks inch upward as markets consider effects of potential US shutdown
Global stock markets saw modest gains as investors assessed the implications of a U.S. government shutdown that began on October 1. The MSCI...
Thousands of jobs threatened in Africa as US trade agreement comes to an end
The African Growth and Opportunity Act (AGOA), a critical U.S. trade agreement granting duty-free access to American markets for eligible African countries, is...
Trump Administration Backs One-Year Extension of Africa Trade Program
The Trump administration has announced support for a one-year extension of the African Growth and Opportunity Act (AGOA), which offers duty-free access to...
South Africa and China to Promote Investment Following Increase in US Import Tariffs
In response to the United States’ recent imposition of a 30% tariff on South African imports, South Africa and China are actively working...
EU Economy Lags Behind Global Competitors Due to ‘Complacency’, Warns Mario Draghi
Mario Draghi has warned that the European Union's economic competitiveness is declining due to complacency and political inaction. A year after the European...
