The world is dictated by a powerful nation- the United States. The newly elected President- Donald J. Trump has been steering the world of economics with his headstrong ideologies, transformative reforms, and suggestions. Recently, Mr. Trump has used a series…
November has been a ride for economic affairs ever since Donald Trump has been reinstated as the president of the USA. Ever since he came into power, he has been in the news for various reasons, from imposing tariffs to…
Australia’s avocado trade association signed a memorandum of understanding with China’s trade body at the China International Import Expo in Shanghai. What is this agreement? Well, this agreement signifies an advancement for the superfood to obtain access to the Chinese…
Recently, BRICS, a group of five countries, gathered in Russia’s Kazan region to discuss alternative financial mechanisms, economic cooperation, multilateralism, and global governance. This alliance emerged in the early 2000s to strengthen the power of developing nations and reduce reliance…
Japan is facing a persistent economic slowdown primarily due to its rapidly growing older population, geopolitical challenges, fear of global recession, and declining birth rate. The change in the demographic structure has resulted in a shrinking workforce. Despite these challenges,…
Iran and Israel enjoyed a good diplomatic and cooperative relationship, especially during the 1960s and 70s when both countries shared strategic and economic ties. However, this relationship was paralysed by the change in the political regime in Iran in 1979…
What has changed in EU-China relations after the 2024 European elections? EU-China relations play a crucial role in the global business landscape. The current circumstances marked by European elections, geopolitical shifts, economic interdependence, and technological competition contribute to the volatility…
Globally, the wood pellet industry has crossed USD 6 billion in exports in 2023. As per the industrial trends, this market is supposed to grow at a speed of 6.2% annually from 2024 to 2030, driven by the shift toward…
The global economy has witnessed a sustained period of resilient growth as it enters the second half of 2024. Real GDP growth in advanced economies is expected to stay at 1.6% in 2024 and 1.7% in 2025, around the same…
The USA and China, are the largest economies in the world with a bilateral trade value of more than $500 billion in 2023. With their immense potential for manufacturing processes, they dominate the global export market, benefitting the export and…
