Economy News

Economy

Vietnam Aims for $8 Billion in Fruit and Vegetable Exports by 2025: A Strategic Leap

Vietnam targets an $8 billion export value in fruits and vegetables by 2025, following a strong performance in 2024. The country's produce has strengthened its position in over 60 ...

Economy

China's Industrial Sector Surges: December Production Jumps by 6.2%

China's industrial production witnessed a 6.2% increase in December, outperforming expectations and the previous month's growth, as per the National Bureau of Statistics. This grow...

Economy

Unexpected Surge: China's December Retail Sales Jump by 3.7%, Beating Forecasts

China's retail sales in December surged by 3.7% year-on-year, exceeding expectations and showing an increase from the previous month's 3%. This growth highlights the resilience of ...

Economy

China's Economy Surges: A 5.4% GDP Growth in Q4 Signals Robust Recovery

China's economy shows a robust recovery with a 5.4% GDP growth in the fourth quarter, driven by strategic government policies and stimulus measures. This growth highlights China's ...

Economy

Global Economic Growth to Remain Steady at 2.7% Through 2026, World Bank Predicts

The World Bank forecasts global economic growth to remain at 2.7% for 2025 and 2026, mirroring 2024's rate. Despite stability, this growth may not suffice for sustained development...

Economy

Bessent Advocates for Stronger Sanctions on Russia Amid Ukraine Conflict

Scott Bessent, nominated for Treasury Secretary, supports stronger sanctions against Russia, focusing on its oil sector. He criticizes current sanctions as inadequate and influence...

Economy

Bessent Assures No US Debt Default if Confirmed as Treasury Secretary

Scott Bessent, Trump's nominee for Treasury Secretary, assured that the US will not default on its debt if he is confirmed. He supports removing the debt limit, a stance criticized...

Economy

Bessent Argues Against the Need for a Central Bank Digital Currency in the US

Scott Bessent, nominated as US Treasury Secretary, believes there's no need for a central bank digital currency in the US, citing the availability of secure assets and the importan...