TRADE WARS

News About World Trade

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Most Asian markets drop after recession warning, rate hike seen
Apr 13, 2023 (AFP)
A smaller-than-forecast rise in prices last month provided some much-needed hope to investors that a year of monetary tightening was finally showing results, bu...
IMF chief urges world to avoid a 'second Cold War'
Apr 13, 2023 (AFP)
"I am among those who know what are the consequences of a Cold War: it is loss of talent and contribution to the world," Kristalina Georgieva said during a pres...
China exports rise for first time in 6 months: customs data
Apr 13, 2023 (AFP)
The 14.8 percent surge in overseas shipments marked the first since September, according to the General Administration of Customs, and will provide a boost to h...
World Bank members endorse moves to boost lending by $50bn over decade
Apr 12, 2023 (AFP)
The move, announced during the International Monetary Fund (IMF) and World Bank spring meetings in Washington, is part of an ongoing evolution of the developmen...
Brazil's Lula arrives in China for state visit
Apr 12, 2023 (AFP)
The veteran leftist, who is due to meet his counterpart Xi Jinping Friday in Beijing, arrived first in Shanghai with his wife Rosangela "Janja" da Silva. They r...
IMF warns of growing global debt fueled by US, China
Apr 12, 2023 (AFP)
China and the United States are responsible for the vast majority of the expected debt increase over the next five years, the head of the IMF's Fiscal Affairs d...
Yellen urges further World Bank reforms this year
Apr 12, 2023 (AFP)
The revamp of the bank comes amid pushes for it to meet global challenges such as climate change. "We should use the rest of the year to undertake additional re...
Asian markets mixed as traders await key inflation report
Apr 12, 2023 (AFP)
While a healthy jobs report on Friday soothed worries about a possible recession, it also reinforced expectations the central bank will press ahead with monetar...
Germany reviews controversial Chinese stake in Hamburg port
Apr 12, 2023 (AFP)
"Since the conditions have changed, we are examining what impact this will have on the situation," a spokeswoman for the economy ministry said at a press confer...
No evidence yet of credit crunch after banking turmoil: Yellen
Apr 11, 2023 (AFP)
Her comments come as central bankers, finance ministers and other participants gather in Washington for the International Monetary Fund and World Bank's spring ...
IMF maintains 5.2% growth forecast for China in 2023
Apr 11, 2023 (AFP)
China's stringent zero-Covid policy, characterised by sudden lockdowns, travel curbs, mass testing and factory shutdowns, had battered the economy for almost th...
China, Honduras draft economic agreements
Apr 11, 2023 (AFP)
Honduras cut ties with Taiwan to switch its diplomatic allegiance to China. China considers the self-ruled, democratic island a part of its territory to be reta...
Australia hails breakthrough in trade disputes with China
Apr 11, 2023 (AFP)
The once-cosy trading relationship has soured in recent years as Australia sought closer military ties with the United States and China vied for influence in th...
China consumer inflation falls below 1% in March
Apr 11, 2023 (AFP)
The March consumer price index (CPI) -- the main gauge of inflation -- came in at 0.7 percent, down from the one percent seen a month earlier, according to the ...
Brazil's Lula heads to China to boost ties
Apr 11, 2023 (AFP)
The veteran leftist, who is due to meet his counterpart Xi Jinping Friday in Beijing, said he planned to invite Xi to come to Brazil to repay the visit. "We're ...
World Bank, IMF spring meetings to get underway in complex economic environment
Apr 10, 2023 (AFP)
"Growth remains historically weak -- now and in the medium term," IMF managing director Kristalina Georgieva said during a speech last week. The fund now expect...
Asian markets mixed as traders weigh US jobs data
Apr 10, 2023 (AFP)
The closely watched non-farm payrolls reading on Friday followed a string of figures last week showing the world's top economy was slowing down and dented inves...
Asian markets edge up as traders weigh US jobs data
Apr 10, 2023 (AFP)
The closely watched non-farm payrolls reading on Friday followed a string of figures last week showing the world's top economy was slowing down and dented inves...
World Bank, IMF spring meetings get underway in complex economic environment
Apr 10, 2023 (AFP)
"Despite the remarkable resilience of consumer spending in the United States, in Europe, despite the uplift from China's reopening, global growth would remain b...
Ukraine conflict on Lula's agenda in delayed China visit
Apr 10, 2023 (AFP)
Lula, 77, also hopes to reclaim Brazil's role on the geopolitical stage following a period of isolation under his far-right predecessor, Jair Bolsonaro. Expecte...
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