IMF Team to Visit Sri Lanka to Assess Cyclone Damage
An IMF assessment team will visit Sri Lanka from January 22-28 to evaluate Cyclone Ditwah's impact and discuss recovery assistance, including resuming the Extended Fund Facility program.
Category : Global Economy
India Needs to Accelerate EU FTA in Unpredictable Year
With global trade facing headwinds from US and China, India's push for an EU free trade agreement gains urgency. Germany's leadership could unlock $120 billion FDI potential in electronics and infrastructure.
China's Trade Surplus Hits $1.19 Trillion in 2025
China's overall trade surplus surged to $1.19 trillion in 2025, up 20% from 2024, even as exports to the US fell by 20%. The data highlights China's resilience in global trade.
Pakistan Export Crisis Deepens as Policy Missteps Block Growth
Pakistan's export sector faces deepening paralysis as policy missteps severely hinder competitiveness in global markets, threatening economic stability.
Oil Prices Drop as Trump Comments Ease Iran Supply Fears
Global crude oil prices fell sharply on Thursday after US President Donald Trump's remarks eased concerns about unrest in Iran disrupting supplies. Brent and WTI both dropped nearly 3%.
China's $1.2 Trillion Trade Surplus Defies Trump Tariffs
China achieved a record $1.2 trillion trade surplus in 2025 despite US tariffs. Exports surged unexpectedly, defying slowdown predictions and high comparison base.
China's Exports Hit Record $1.2 Trillion Surplus in 2025
China's exports surged 6.6% in December, pushing its trade surplus to a record $1.2 trillion in 2025. This growth defies US tariffs as factories expand into new markets like Southeast Asia and Europe.
Trump Tariffs Fail: China's Trade Surplus Hits Record $1.2T
Despite Trump's tariffs aimed at reducing China's trade dominance, China's global surplus soared to $1.2 trillion in 2025, increasing its economic power worldwide.
Greenland's Economy: Shrimp, Subsidies, and Strategic Dreams
Greenland's economy relies heavily on Danish subsidies and shrimp exports. A potential mining boom faces high costs and challenges, while U.S. interest adds geopolitical complexity.
Greenland's Untapped Mineral Wealth Sparks Global Interest
Greenland holds vast, largely unexploited mineral deposits, including rare earths and uranium, attracting global attention for economic and strategic opportunities.
US Retail Sales Jump 0.6% in November
US retail sales increased 0.6% in November, exceeding forecasts. Holiday shopping gained momentum despite earlier declines. Inflation shows signs of easing.
AI Bubble Burst May Cause Global Recession, Analysis Warns
If America's AI-driven stock market crashes, it could trigger a consumer-led global recession despite equity financing. Household wealth and spending face major risks.
China's $1.2 Trillion Trade Surplus Defies US Tariffs
China closed 2025 with a historic $1.2 trillion trade surplus, the largest ever recorded. Despite US tariffs, exports surged 6.6% in December, highlighting Beijing's export resilience and market diversification strategy.
China's Trade Surplus Hits Record $1.2 Trillion in 2025
China's trade surplus surged to a record $1.2 trillion in 2025 as exports to Africa, Southeast Asia, and Europe offset declines to the US. Economists expect exports to remain a key growth driver in 2026.
China's Trade Surplus Hits Record $1.2 Trillion in 2025
China's trade surplus soared to a record $1.2 trillion in 2025, driven by strong global exports that offset declining shipments to the United States amid renewed trade tensions.
World Bank Raises 2026 Growth Forecast Amid Trade Tensions
The World Bank has upgraded its global growth projection for 2026 to 2.6%, citing surprising economic resilience despite escalating trade tensions. The report highlights risks and revised forecasts for major economies.
US Economy Defies Decline, Outpaces G7 in Growth and Wealth
Despite political turmoil, the US economy shows remarkable resilience. It maintains global GDP share while G7 allies shrink. Productivity and wealth creation far exceed other advanced nations.
Trump's Iran Tax Hits Global Trade: India's Exports at Risk
US President Donald Trump's new 25% tariff on countries trading with Iran could disrupt global commerce. India's exports of basmati rice and fresh fruits face immediate pressure as bilateral trade reaches $1.34 billion.
Venezuela Reopens Wells to Increase Crude Output
Venezuela has begun reopening oil wells to recover its crude production levels, aiming to boost output amid economic challenges.
Iran Currency Collapse Sparks Nationwide Economic Unrest
Iran's rial plunges to 1.4 million per dollar, triggering nationwide protests. Strikes spread from Tehran's Grand Bazaar across all 31 provinces amid internet blackouts and power cuts.
Trump's Venezuela Oil Move: A Petrodollar Strategy
Trump's control over Venezuelan oil could boost US production and strengthen the dollar's global dominance, amid shifting economic dynamics and de-dollarisation trends.
Venezuela Unrest Won't Impact Global Oil Prices: Crisil
Crisil Ratings states Venezuela's political turmoil will not affect global crude prices or India's economy in the near term, despite India's high import dependency.
WEF Survey: Youth Cite Financial Stress, Inequality Top Worry
A global WEF survey of 4,600 young people finds over 57% stressed by finances, with inequality named the top economic concern. Youth show readiness for political leadership.
Trump's Iran Tariff Threat Puts US-China Trade Truce at Risk
US President Donald Trump threatens 25% tariffs on countries trading with Iran, potentially destabilizing the fragile US-China trade agreement and impacting global partners including India.
India Commits to Secure Critical Mineral Supply Chains
Union Minister Ashwini Vaishnaw praised a key meeting led by US Treasury Secretary Scott Bessent, where India emphasized its dedication to strengthening global critical mineral supply chain resilience.
Asian Markets Rally, Gold Gains on Fed Fears
Asian stock markets climbed to record highs on Tuesday, driven by Japanese gains and AI enthusiasm. Meanwhile, uncertainty over the Federal Reserve's independence boosted gold prices and pressured the dollar.
Trump Warns of Trillion-Dollar Crisis Over Tariffs
Former US President Donald Trump warns of severe financial repercussions if the Supreme Court rules his global tariffs illegal, potentially costing trillions.
10 Poorest Countries in 2025: Global Finance Ranking
Global Finance Magazine reveals the 10 poorest nations for 2025. Despite global wealth, countries like South Sudan & Burundi face extreme poverty due to conflict, climate, and debt. Explore the list and reasons.
Iran Unrest: US Sanctions vs. Oil Curse
Iran faces major protests driven by inflation and a crashing rial. Explore how US sanctions and structural economic flaws are fueling the crisis. What's next for Tehran?
Global Pessimism: The Main Economic Problem Today
Persistent economic gloom is now the world's biggest constraint, stifling investment and fueling populism. Discover the threefold danger and its global impact.
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