The illicit oil trade in Libya, fueled by heavily subsidized fuels being smuggled abroad, is sustaining the country’s rival political factions. The practice has created a steady revenue stream for armed groups,
China’s economic slowdown deepened in November as factory activity continued to contract for the eighth consecutive month, according to official data reported by Bloomberg. The National Bureau of Statistics said the manufacturing
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India’s economy expanded at a faster pace than anticipated last quarter, highlighting the country’s economic resilience even as steep U.S. tariffs imposed by President Donald Trump weigh on the outlook for the
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The Indian rupee has emerged as Asia’s worst-performing currency in 2025, on track for its largest annual decline since 2022, Bloomberg reported. The currency’s weakness this year has been driven by higher
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India’s imports of Russian crude oil are expected to fall to their lowest level in at least three years in December, trade and refining sources told Reuters, as refiners shift to alternatives
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China-founded TP-Link Systems Inc. is attempting to convince U.S. national security officials that it operates independently from Beijing, but its Vietnam factory highlights the challenges of that claim. The facility, which produces
More India may soon be forced into a high-stakes test of its energy strategy as tankers carrying millions of barrels of Russian oil approach its coastline just as new US sanctions come into
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China’s exports of rare-earth products declined in October, marking the lowest monthly level since June, as Beijing and Washington work to finalize supply arrangements under their ongoing trade truce. Outbound shipments fell
More India retained its position as the second-largest buyer of Russian crude oil in October, trailing only China, according to data from the European think tank, the Center for Research on Energy and
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Global supplies of yttrium, a rare earth element critical to aerospace, energy, and semiconductor production, are running dangerously low due to Chinese export restrictions, Reuters reports. China, the dominant supplier of yttrium,
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The event marked the departure of the first ore shipment from the world’s largest known untapped deposit of high-grade iron ore, a major victory for the Simandou consortium. The Chinese delegation, led
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