Source link State subsidies for China’s industrial sector pose a risk to the global economy, US Treasury Secretary Janet Yellen says US Treasury Secretary Janet Yellen has claimed that China’s industrial sector produces much more goods than its domestic market can absorb. Speaking on Friday to the American business community in the Chinese city of […]
Source link Most payments for imports of such goods in 2023 were made using yuan and rupees, according to the outlet Russian importers of electronics have nearly completely abandoned the US dollar and euro in settlements with foreign vendors and distributors, Izvestia reported on Monday, citing an industry source. A manager of one of the […]
Source link The Boycott, Divestment and Sanctions movement incites anti-Semitic rhetoric, a UK government minister claimed UK MPs voted on Wednesday to back a Conservative government bill that proposes a ban on public institutions in the United Kingdom from imposing boycotts on the importation of goods from Israel, despite opposition from Labour and some Tory […]
Source link Chanel’s president of fashion, Bruno Pavlovsky, warned the fashion and luxury goods industry to prepare for a challenging year in the face of decelerating global economic growth. Speaking to the Financial Times on the sidelines of the company’s Metiers d’Art show held in Manchester, the UK this week, Pavlovsky emphasized the potential difficulties […]