Keywords: China
African governments and banks are stepping up efforts to reduce reliance on the US dollar in trade and financial transactions as uncertainty over American tariffs unsettles global markets. Ecobank Transnational CEO Jeremy Awori told Bloomberg that erratic US trade measures are motivating companies across......
Russia and Iran are steepening discounts on their crude exports to secure a shrinking pool of Chinese buyers after Indian refiners sharply reduced purchases of Russian oil. Moscow’s flagship Urals blend is now selling to China at about 12 dollars per barrel below the ICE Brent benchmark, compared......
Investor and Bridgewater Associates founder Ray Dalio has warned that the global financial and political system has entered a period of “great disorder,” marking the end of the post-World War II world order. In recent essays and public appearances, Dalio said current global tensions and rising......
Eileen Gu capped her Milan Cortina campaign with a commanding defense of her Olympic freeski halfpipe crown, delivering a 94.75-point final run that secured her sixth career Winter Games medal and confirmed her as the most decorated freestyle skier in Olympic history. The 22-year-old, born in the United......
Russian President Vladimir Putin has declared the buildup of Russia’s nuclear arsenal an “absolute priority” after the collapse of the last remaining arms control treaty with the United States, signalling a more dangerous phase in great power rivalry. In a video address released for......
India and Brazil have concluded a framework agreement to strengthen cooperation on critical minerals and rare earths, in a move aimed at reducing dependence on supply chains dominated by China. The accord was announced in New Delhi after talks between Prime Minister Narendra Modi and Brazilian President......
German Chancellor Friedrich Merz will travel to China next week for his first official visit since taking office, aiming to recalibrate ties with Berlin’s largest trading partner while navigating sharpening geopolitical rifts with Washington and Moscow. The trip, which begins with his departure......
China has quietly developed a new channel for supplying drones to Russia, rerouting exports through Thailand as Moscow seeks to evade Western sanctions over its war in Ukraine. A Bloomberg investigation identifies little-known Thai companies acting as intermediaries in a fast-growing trade that turns......
German Chancellor Friedrich Merz said he will pursue strategic partnerships with China during a visit next week, signaling a shift toward closer economic engagement with Beijing as trade tensions with Washington continue to simmer. Speaking to supporters at his Christian Democratic Union’s Ash......
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