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November 18, 2024
Economy

Russia could become global leader in coal exports – Putin

August 29, 2018 at 03:33 PM
Russian President Vladimir Putin has announced plans to expand the country’s coal exports on the global markets. Read More »

When paper money goes to zero value: Venezuelan hyperinflation explained (PHOTO)

August 29, 2018 at 03:30 PM
Inflation in Venezuela this year could top one million percent, the International Monetary Fund (IMF) predicts. This gallery puts the buying power of today's bolivar into perspective. Read More »

China Vows to Challenge US Import Tariffs at WTO

August 24, 2018 at 02:44 PM
BEIJING (Sputnik) - Beijing will lodge a protest with the World Trade Organization against the implementation of US tariffs on $16 billion worth of goods, the Chinese Commerce Ministry said Thursday. Read More »

US may slap China with higher tariffs, Beijing vows to retaliate

August 03, 2018 at 10:10 AM
Seeking to adjust the US trade imbalance with China, Washington could more than double the pending tariffs on Chinese imports. Beijing has warned of an immediate mirror response. Read More »

By End of 2018, US to Borrow Most Money Since 2008 Financial Crisis - Report

August 02, 2018 at 02:07 PM
The Trump administration will borrow about $769 billion before the end of the year. Critics say it’s all about the tax cuts. Read More »

WTO Chief Warns US-China Trade War 'Worst-Case Scenario for the Global Economy'

July 27, 2018 at 10:59 AM
A trade spat between the US and China shows no sign of ceasing amid fears that President Donald Trump's plans to slap 25 percent tariffs on European cars may further add to a full-blown global trade war. Read More »

75% of South African gold mines unprofitable – mineral council

July 13, 2018 at 10:55 AM
South Africa’s 140-year-old gold industry – which was once the world’s largest – is now facing a major crisis. The country’s mineral council says 75 percent of gold mines are unprofitable or barely making money. Read More »

Trade war begins: China retaliates with 25% tariffs on $34 billion worth of US imports

July 09, 2018 at 02:29 PM
Just hours after the United States introduced 25 percent trade tariffs on $34 billion worth of Chinese goods, Beijing has retaliated with mirror measures against American imports. Read More »

Countries most at risk from trade war between United States and China

July 09, 2018 at 10:34 AM
A full-scale trade war between the US and China will dip the global economy into stagflation and lead to a sharp decline in world stocks, according to economists at Pictet Asset Management. Read More »

China's Economy Heads Toward High-Quality Development

June 26, 2018 at 02:57 PM
China has made new achievements on its way to high-quality economic development as indicated by economic data released in May. Since the beginning of 2018, the Chinese economy has maintained stable performance with good momentum for growth. Read More »
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