ADNOC’s UAE sustainable energy and local manufacturing drive
President Sheikh Mohamed bin Zayed chairs ADNOC board meeting, emphasizing sustainability and global energy transition....
Tag : economic growth
Moody’s warns of China’s economic slowdown
Moody's warns of Asia's 2024 sovereign credit risks as China's economic growth slows amidst geopolitical concerns....
Germany’s recessionary trends and the euro area’s future
In 2023, Germany's economy saw a 0.3% decline, its first since the Covid-19 outbreak, amid various national challenges, per Destatis data....
Steady growth and emerging challenges in 2024
In a report by LendingTree, the economic landscape for 2024 is meticulously analyzed, offering insights into the American economy....
U.S. national debt hits unprecedented $34 trillion mark
The United States has reached a new fiscal milestone, with its national debt surpassing $34 trillion, as reported by the Treasury Department....
Global markets react positively to Federal Reserve’s rate cut outlook
The Federal Reserve’s recent announcement has stirred significant optimism in financial markets. The Federal Open Market Committee (FOMC), maintaining interest rates at their current 22-year...
World Bank targets $10 billion climate aid for MENA by 2025
The World Bank has announced an ambitious plan to escalate climate financing in the Middle East and North Africa (MENA) region, aiming to allocate $10...
Global oil dynamics shift as OPEC+ agrees on 2 million bpd cut
In a pivotal move, OPEC+ members, responsible for over 40% of global oil supply, have agreed to substantial voluntary production cuts for early next year....
World Bank’s revised outlook for East Asia reflects China’s economic hurdles
Amid concerns about China’s economic stability and diminished global demand, the World Bank has revised its growth projections for developing East Asia and the Pacific....
Biden and Modi cement ties as India ascends global stage
Yesterday, US President Joe Biden and Indian Prime Minister Narendra Modi convened at Modi’s official residence in New Delhi. In an atmosphere thick with camaraderie,...