The BRICS Business Council has announced plans to establish a logistics hub in the United Arab Emirates (UAE), a decision that could significantly reshape global trade dynamics among its member nations and
The year 2020 marked parity between the total GDP of the G7 (the U.S. plus allies) and the total GDP of the BRICS group (China plus allies). Since then, the BRICS economies
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On May 15, 2023, Berkshire Hathaway reported in a Form 13F filing to the U.S. Securities and Exchange Commission that it had completed the sale of its $4 billion stake in Taiwan Semiconductor Manufacturing
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The name of China’s first domestically-built large cruise ship was unveiled in Shanghai on Friday. “Adora Magic City” aims to offer a unique and immersive cruise experience that seamlessly blends Eastern and
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The recent U.S. Census Bureau data suggest that the U.S. merchandise trade deficit with China was larger in 2022 than when Donald Trump was president, said an article on the Carnegie Endowment
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During the Glasgow Climate Meet, the Indian Prime Minister announced with much fanfare that India would achieve zero net emission target by the year 2070. The pre-condition to reach zero emission level
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Future historians will likely look back at the debt ceiling rituals being reenacted these days with a frustrated shaking of their heads. That otherwise reasonable people would be so readily deceived raises
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The Organization of Petroleum Exporting Countries (OPEC) plays a “vital role” in supporting oil market stability, the organization’s chief said on Thursday, in an apparent defense of surprise output cuts earlier this
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More U.S. regional banks could face loss of investor confidence and succumb to deterioration of business amid banking turmoil, as the First Republic Bank continues its struggle to find a way out
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One of the easiest ways is to cut expenditure. It is within the power of Sri Lanka’s status as an island nation in the middle of the Indian Ocean. Put simply, it
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Chile’s President Gabriel Boric, in a televised address to the nation on April 20, announced his plan to nationalize the country’s lithium industry to boost the economy and protect the environment. Boric
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