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World economy

WTO fails on major reforms, extends digital tariff ban in Abu Dhabi meeting

by Ron Morgan
WTO fails on major reforms, extends digital tariff ban in Abu Dhabi meeting

Delegates attend the 13th World Trade Organisation Ministerial Conference in Abu Dhabi, February 26, 2024.  Giuseppe Cacace | AFP | Getty Images World Trade Organization (WTO) negotiators failed to break …

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India ‘easily’ fastest growing economy, IMF director says, as GDP growth soars

by Walter Watson
India ‘easily’ fastest growing economy, IMF director says, as GDP growth soars

Former Chief Economic Advisor of India, Dr Krishnamurthy V. Subramanian addresses a press conference after the Economic Survey 2020-21 was tabled in both the Houses of Parliament, on January 29, …

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Chinese airlines can boost U.S. flights to 50 per week, U.S. says

by Walter Watson
Chinese airlines can boost U.S. flights to 50 per week, U.S. says

Chinese passenger airlines will be allowed to boost their weekly round-trip U.S. flights to 50 starting on March 31, up from the current 35, the U.S. Transportation Department, or USDOT, …

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Tesla rival BYD launches electric supercar that could take on Ferrari

by Walter Watson
Tesla rival BYD launches electric supercar that could take on Ferrari

Chinese automaker BYD this weekend unveiled a new electric supercar that it says can hit speeds similar to high-end models produced by industry giants like Ferrari. The U9 supercar will …

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China still top trading partner for many countries, says ADB

by Walter Watson
China still top trading partner for many countries, says ADB

View of Shanghai skyline from a container station. Yaorusheng | Moment | Getty Images China is still a critical trading partner for many countries across the world, and the often-used …

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FATF financial crime watchdog adds Kenya and Namibia to its ‘grey list’

by Walter Watson
FATF financial crime watchdog adds Kenya and Namibia to its ‘grey list’

People walk on the Pedestrian Bridge at the Bluewaters Island in Dubai, United Arab Emirates, December 08, 2021. Satish Kumar | Reuters The Financial Action Task Force (FATF) international crime …

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Netanyahu’s first post-war plan seeks security buffer in Gaza — in blow to U.S. diplomacy

by Vera Ward
Netanyahu’s first post-war plan seeks security buffer in Gaza — in blow to U.S. diplomacy

Israeli Prime Minister Benjamin Netanyahu looks on as the US Secretary of State gives statements to the media inside The Kirya, which houses the Israeli Defence Ministry, after their meeting …

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Russia marks two years of war in Ukraine, looking confident amid gains

by Vera Ward
Russia marks two years of war in Ukraine, looking confident amid gains

A Ukrainian soldier in a shelter at his fighting position in the direction of Bakhmut, Donetsk Oblast, Ukraine, 20 February 2024. Anadolu | Anadolu | Getty Images When Russia invaded …

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Vietnam to see highest increase in wealth growth over the next decade

by Walter Watson
Vietnam to see highest increase in wealth growth over the next decade

Ho Chi Minh City, Vietnam. Marty Windle | Moment | Getty Images Vietnam is set to see the sharpest spike in wealth growth over the next decade as it cements …

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UOB revises down 2024 loan growth, Q4 profit beats forecasts

by Walter Watson
UOB revises down 2024 loan growth, Q4 profit beats forecasts

A customer uses an ATM at an United Overseas Bank Ltd. (UOB) branch in Singapore, on Thursday, Feb. 23, 2023. Bloomberg | Bloomberg | Getty Images Singapore’s United Overseas Bank, or …

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