Source link The 2024 GDP target has been set at around 5%, despite economic challenges at home and worldwide Chinese Premier Li Qiang on Tuesday unveiled the country’s economic development program for 2024, promising steps to “transform” the national growth model and eliminate risks brought about by a recent slew of bankruptcies in the property […]
Source link Participating in a youth forum in Sochi is paving the way for other entrepreneurs from the country, Tumelo Ramaphosa told RT Organizers of an ongoing international youth festival in Russia have created a great opportunity for entrepreneurs from other nations to showcase their products for possible expansion into the market, one of its […]
Source link Plunging Tesla stock has seen the EV maker’s CEO dethroned by Amazon’s Jeff Bezos Elon Musk has lost his title as the world’s richest person, being replaced by Amazon founder Jeff Bezos, according to Bloomberg’s Billionaires Index, a listing of the world’s 500 richest people. As of Tuesday, Bezos’ net worth was $200 […]
Source link The measure would be in line with the group’s plans to cut reliance on Western currencies and financial mechanisms The BRICS group of emerging economies plans to create a payment system based on digital technologies, Yury Ushakov, a senior foreign policy aide to Russian President Vladimir Putin, has told TASS in an interview […]
Source link Disparity persists in many areas but gender-equality could be fast-tracked through reforms, a report says Closing the gender gap could boost global GDP by over 20%, doubling the world’s growth rate over the next decade, according to the World Bank. Inequality persists across numerous areas, including education, health, work, wages, and labor participation, […]
Source link The US tech giant has been accused of abusing its dominant position in the market for the distribution of music streaming apps The EU announced on Monday it has fined tech giant Apple €1.84 billion ($2 billion) for breaking the bloc’s competition laws. This is the company’s first ever EU antitrust penalty. According […]
Source link Kiev has said that it has no intention of prolonging the current agreement with Gazprom, which expires at the end of this year Ukraine may continue the transit of natural gas from Russia through its territory after 2024 if EU countries request it, Ukrainian Prime Minister Denis Shmigal has announced. Ukraine’s vast gas […]
Source link Olive oil costs across the bloc have been on the rise since mid-2023, according to Eurostat Olive oil prices have skyrocketed across the EU over the past year amid unfavorable weather conditions, which have harmed harvests. According to data from Eurostat, the bloc’s statistics office, costs spiked by 50% in annual terms in […]
Source link More Western air defenses are needed to protect the company property of DTEK, according to the CEO Ukraine may lose the “energy war” against Russia due to a shortage of air defenses, the CEO of an energy giant owned by one of the country’s oligarchs has told the Financial Times. The company – […]
Source link Bulgaria has prematurely waived its exemption from a EU embargo which allowed it to buy crude until the end of 2024 Bulgaria stopped imports of Russian oil from March 1, prematurely discarding its exemption from an EU ban, news outlet Novinite reported on Friday. The Balkan country’s move to completely abandon deliveries of […]
Source link The key PMI index contracted for a 20th consecutive month in February, the latest data shows Manufacturing activity across the 20 countries that use the euro has continued to decline, largely due to a slowdown in the area’s leading economy Germany, according to a study by S&P Global. The report said the Purchasing […]
Source link Japan has approved a new round of sanctions on Russia over the Ukraine conflict, Tokyo’s foreign ministry announced on Friday. Tokyo has banned trade with an additional 29 Russian entities, according to the ministry’s press release. It has also added 12 individuals, including an executive at an arms manufacturer, seven organizations, and a […]
Source link Western allies are looking for “viable” options to expropriate the funds, US Treasury Secretary Yellen has said The US and its allies will keep seeking a “firm” legal rationale to underpin plans to confiscate frozen Russian assets, US Treasury Secretary Janet Yellen told Reuters on Thursday. In an interview held shortly after a […]
Source link Today’s Western leaders exhibit a strange mix of self-assuredness and anxiety that’s characteristic of those defending the status quo during times of sweeping change US Treasury Secretary Janet Yellen has become the latest to add her voice to the growing chorus of Western officials calling for the seizure of Russia’s $300 billion in […]
Source link Argentina is in talks with the IMF over a new aid program designed to accelerate the process of exiting from capital controls, Bloomberg reported on Thursday, citing a senior government official. The IMF is pushing the government to let the currency devalue faster under its so-called “crawling peg,” and keep interest rates above […]