Keywords: Trade Surplus
China has announced routine annual adjustments to its CFETS currency basket for the yuan, further decreasing the weights of major currencies including the US dollar and the euro, as the renminbi concludes its strongest year against the greenback since 2020. The China Foreign Exchange Trade System (CFETS),......
China’s trade surplus has exceeded one trillion dollars for the first time, demonstrating the country’s resilience in global commerce despite continuous tariff pressure from the United States. According to data released by the General Administration of Customs, the surplus reached 1.08 trillion......
India is optimistic about finalizing a trade agreement with the United States before the 9 July deadline for the suspension of reciprocal tariffs, Foreign Minister S. Jaishankar has stated. The announcement comes amid high-stakes negotiations aimed at resolving trade tensions between the two nations. Progress......
Morocco has solidified its status as a crucial trading partner for the European Union, with trade figures surpassing €60 billion ($65 billion) in 2024. This announcement was made by the Delegation of the European Union to Morocco during the International Agricultural Fair in Meknes (SIAM), highlighting......
Argentina has announced its withdrawal from the World Health Organization (WHO), mirroring a similar move by the United States last month. President Javier Milei’s office confirmed the decision, citing fundamental disagreements over health policies, particularly in response to the COVID-19 pandemic. Spokesman......
French President Emmanuel Macron and German Chancellor Olaf Scholz emphasized European unity and resilience during a meeting in Paris, addressing challenges posed by the policies of U.S. President Donald Trump. The discussions highlighted the importance of maintaining a strong, united Europe in the face......
In 2023, remittances from Moroccan expatriates reached an all-time high of nearly 115.15 billion Moroccan dirhams ($11.5 billion), as reported by the country's Foreign Exchange Office. This figure marks a notable 4% increase compared to the previous year, underscoring the robust economic ties between......
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