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Economy

Sweden’s Inflation Hits Record Lows Over Two-Year Span

Over the past two years, Sweden has successfully maintained a remarkably low inflation rate, a testament to the country’s robust economic policies and fiscal...

Japan faces major crisis as truck driver shortage looms

Japan is facing a potential economic and social crisis as the government’s new overtime restrictions for truck drivers take effect in April 2024. The...

Chinese Yuan Surpasses Japanese Yen, Becomes Dominant Global Currency in Payment Share

In a significant milestone for China's economic prowess, the Chinese Yuan (CNY) has now surpassed the Japanese Yen (JPY) to become the dominant currency...

Economic Watch: Highly-anticipated meeting sets tone for China’s economic work in 2024

Following a key meeting setting the country's economic policy priorities for 2024, China is poised for steady economic growth and high-quality development. The annual Central...

Thousands protest against austerity in Brussels

Thousands of trade union members demonstrated against European austerity measures in Brussels on Tuesday. Police said some 5,000 people attended the demonstration to call...

Beijing, Hanoi Agree to Elevate Ties

President Xi Jinping's state visit to Vietnam has resulted in a shared commitment to elevate bilateral ties between Beijing and Hanoi. President Xi and...

China’s State Council stresses integrated development of domestic, foreign trade

China's State Council stressed the integrated development of domestic and foreign trade during a Friday executive meeting chaired by Premier Li Qiang. The meeting heard...

Shanghai welcomes world to 6th China International Import Expo

The   Import Expo (CIIE), the world’s largest import-themed expo, opened in Shanghai on Sunday, attracting thousands of exhibitors and buyers from across the globe. Chinese...

Israel’s central bank warns of economic hit from war

The Bank of Israel said on Tuesday that the recent war with Hamas in Gaza could have a negative impact on the country’s economic...

Egypt’s bonds tumble after Moody’s cuts credit rating

Egypt’s sovereign dollar bonds fell sharply on Friday after Moody’s Investors Service downgraded the country’s credit rating deeper into junk territory, citing its worsening...

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