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Global supply chains enter era of permanent volatility

Global value chains have shifted into an era of enduring structural volatility, compelling businesses and governments to overhaul how products are produced and distributed worldwide. This transformation, detailed in a key report from the World Economic Forum released on January 19 during its 56th annual meeting in Davos, Switzerland, marks......

IMF raises 2026 global growth forecast amid AI investment surge

The International Monetary Fund has upgraded its global growth projection for 2026 to 3.3 percent, crediting a surge in artificial intelligence investments and easing trade tensions for bolstering an economy showing unexpected resilience amid lingering political uncertainties. This marks a 0.2 percentage point increase from October estimates.......

Trump eyes Canada Arctic defenses for cooperation boost

President Donald Trump has sharpened focus on perceived gaps in Canada's Arctic defenses, voicing private concerns to advisors over recent weeks about vulnerabilities to Russian and Chinese threats along its northern border, NBC News reports. This renewed scrutiny hits as the Trump administration presses an aggressive Arctic strategy centered......

China records its lowest birth rate on record in 2025

China’s birth rate fell to its lowest level since records began in 1949, highlighting the depth of the country’s demographic challenges despite years of policy reforms aimed at encouraging family growth. According to data released by the National Bureau of Statistics, China registered 7.92 million births in 2025, representing......

Explosion at steel plant in northern China leaves two dead and dozens injured

An explosion at a steel manufacturing plant in northern China has resulted in the deaths of two people and injuries to 66 others, according to information released on Sunday by the state-run news agency Xinhua. The incident occurred in the afternoon at a facility operated by Baogang United Steel in the city of Baotou, located in the Inner......

At least 32 killed after crane collapses on train in Thailand

At least 32 people were killed and 66 others injured on Wednesday when a large construction crane working on a high-speed rail project collapsed onto a passenger train in Nakhon Ratchasima province, northeastern Thailand. The crane struck two carriages, slicing one in half and causing a brief fire, according to local authorities. The train,......

Trump escalates pressure on Europe with tariff threats over Greenland

U.S. President Donald Trump has intensified diplomatic tensions with several European nations by threatening to impose escalating tariffs tied to his controversial push for greater American influence — or even control — over the Arctic territory of Greenland. In a recent public message, Trump announced that starting February 1,......

China-led digital currency network hits $55 billion in transactions

The China-led mBridge digital currency platform has processed over $55 billion in cross-border transactions, according to a fresh Atlantic Council report. This marks a 2,500-fold increase in volume since the project's 2022 launch, highlighting surging momentum for alternatives to dollar-dependent payment systems. This prototype platform......

EU-Mercosur trade deal to be signed in Paraguay today

The long-awaited trade agreement between the European Union and the Mercosur bloc is set to be officially signed today in Paraguay, marking the culmination of over 25 years of negotiations. The deal aims to create one of the world’s largest free-trade zones, covering more than 700 million consumers and representing around 30% of global......

EU plans ban on Chinese tech in critical infrastructure

The European Union is gearing up to phase out Chinese-made equipment from its critical infrastructure, targeting companies like Huawei and ZTE by barring them from telecommunications networks, solar energy systems, and security scanners. This move represents the European Commission's strongest stance yet on Chinese technology in vital......

Canada and China strike EV and canola trade deal amid US tensions

Canadian Prime Minister Mark Carney and Chinese President Xi Jinping unveiled a landmark trade agreement in Beijing, slashing tariffs on Chinese electric vehicles in exchange for eased duties on Canadian agricultural goods. This pact signals Ottawa's pivot away from heavy reliance on the United States, reshaping its commercial landscape. Under......

Canada and China restore strategic partnership after nine years

Canadian Prime Minister Mark Carney met with Chinese President Xi Jinping on Friday at the Great Hall of the People in Beijing, where they announced the renewal of their strategic partnership. This development signals a major shift in bilateral ties strained by years of diplomatic friction. The encounter marks the first visit by a Canadian......

China strongly opposes US–Taiwan trade agreement

China on Friday expressed firm opposition to a trade agreement recently concluded between the United States and Taiwan, arguing that the deal undermines the “one China” principle that lies at the heart of Beijing’s foreign policy. The agreement between Washington and Taipei includes significant investments by Taiwanese companies......

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