According to the IMF's April 2020 outlook, the Chinese economy is expected to grow by 1.2% in 2020. The Chinese yuan was above 7 against the US dollar and has weakened by more than 2% this year.
Major economies resisted calls for bolder climate commitments as a UN summit in Madrid limped towards a delayed conclusion on Saturday, dimming hopes that nations will act in time to stop rising temperatures ...
A trade war of tariffs between the US and China negatively affect both economies through different channels, QNB has said in an economic commentary.
From Japan to Germany, from economic numbers to profit warnings, there’s no shortage of evidence that the world is feeling the pain of a slump in trade.
The European Commission has rejected Italy's proposed 2019 budget and asked for a new plan, a first in European Union history, a European source said Tuesday.
Europe's heavyweight economies took steps on Friday to safeguard their interests in Iran, seeking to keep the nuclear deal with Tehran alive after Washington pulled out and said sanctions would follow.
US President Donald Trump predicted that China would take down its trade barriers, expressing optimism despite escalating trade tensions between the world's two largest economies that have roiled global markets in the past week.
Qatar accounts for 8.57% of the total value of the pipeline of projects planned in the GCC (as of May), which amounted to $2tn, Meed has said in a report.