South Africa has secured a $1.5 billion loan from the World Bank to modernize its transport and energy infrastructure. The funds aim to alleviate chronic bottlenecks at ports […]
Economy
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US, China, and the New Race for Economic Control
Global supply chains are being restructured, critical minerals are emerging as strategic assets, and infrastructure financing is becoming a tool of geopolitical competition. These developments represent a realignment […]
Economy
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Trump Shifts Focus to Tax Cuts Amid Economic Concerns
President Donald Trump is redirecting his focus toward advancing the key component of his legislative agenda by urging Congress to swiftly pass a significant tax bill. Republicans believe […]
Economy
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Canada’s Youth Employment Declines Sharply Compared to Other Major Economies
Young Canadians are encountering a challenging labor market that has worsened more rapidly than in any other major advanced economy. Over the past two years, unemployment among individuals […]
Technology
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ECB Economists Leverage ChatGPT to Enhance GDP Forecasting
FRANKFURT, June 26 (Reuters) – A recent paper published by the European Central Bank (ECB) reveals that analyzing qualitative commentary in PMI releases using ChatGPT can significantly enhance […]
Markets
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US Treasuries Extend Gains for Third Week on Rate Cut Expectations
US Treasuries were on track for a third consecutive week of gains, rallying on Thursday after economic data releases bolstered expectations that the Federal Reserve will implement at […]
Markets
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UK Midcap Stocks Reach 10-Month High Amid Earnings and Rate Speculation
The UK’s primary stock indexes experienced gains on Thursday, with midcap stocks closing at their highest point in 10 months. Investors analyzed corporate earnings reports while considering the […]
Economy
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Rania Al-Mashat: Belt and Road Initiative Boosts Economic Integration and Development
Dr. Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development, and International Cooperation, participated in a high-level panel discussion titled “Where Does the Belt and Road Initiative Stand in […]
Economy
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Minister of Investment: Committed to Deepening Economic Cooperation with China
Engineer Hassan Al-Khatib, Egypt’s Minister of Investment and Foreign Trade, held a series of significant meetings with executives from six major Chinese companies in Shanghai. These discussions aimed […]
Economy
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Egypt and Morocco Discuss Enhancing Economic Cooperation and Integration
Egypt’s Minister of Public Business Sector, Engineer Mohamed Shimi, met with Morocco’s Investment Minister, Karim Zidan, to explore ways to strengthen economic cooperation and integration between Arab and […]