Categories Business Trade, science & culture: Russia, Venezuela to draw up 10-year cooperation plan Posted on Posted onOctober 8, 2019October 8, 2019By Editor Russia and Venezuela have agreed to develop an official long-term cooperation agenda. The document will determine trade, economic, scientific, technical and cultural relations between the countries. … Read More >Trade, science & culture: Russia, Venezuela to draw up 10-year cooperation plan
Categories Business Chinese tourists spend $128bn overseas, splashing more cash in Belt & Road countries Posted on Posted onOctober 8, 2019October 8, 2019By Editor A new report by the China State Administration of Foreign Exchange shows that the country’s tourists spent $127.5 billion overseas in the first half of 2019. China has held the top position in the global tourism market since 2012. … Read More >Chinese tourists spend $128bn overseas, splashing more cash in Belt & Road countries
Categories Business EU’s largest economy, Germany is now its ‘major underperformer’ – Credit Suisse Posted on Posted onOctober 8, 2019October 8, 2019By Editor London-based economists at the investment banking company Credit Suisse have named Germany a “major underperformer” of the European block of countries, citing a significant decrease in the nation’s GDP and purchasing power. … Read More >EU’s largest economy, Germany is now its ‘major underperformer’ – Credit Suisse
Categories Business ‘Better now than later’: PayPal quits Facebook’s Libra as Europe puts future of project in question Posted on Posted onOctober 8, 2019October 8, 2019By Editor US-based PayPal Holdings Inc. has said it’s ditching Facebook’s project to create the Libra cryptocurrency. However, the Libra Association says it is better to know who’s not fully committed to its cause. … Read More >‘Better now than later’: PayPal quits Facebook’s Libra as Europe puts future of project in question
Categories Business Mexico & Vietnam biggest winners from US-China trade war Posted on Posted onOctober 7, 2019October 7, 2019By Editor US imports from its largest supplier China have slumped by 12.5 percent due to the ongoing trade war. Meanwhile, Mexico and Vietnam have been filling this gap with massive import increases. … Read More >Mexico & Vietnam biggest winners from US-China trade war
Categories Business China adds over 100 tons of gold to its coffers this year amid ongoing trade war with US Posted on Posted onOctober 7, 2019October 7, 2019By Editor The People’s Bank of China raised bullion reserves to 62.64 million ounces (1,957 tons) last month from 62.45 million (1,951 tons) in August, bringing this year’s gold haul to over 100 tons. … Read More >China adds over 100 tons of gold to its coffers this year amid ongoing trade war with US
Categories Business Russia Russia offers to set up ‘grain OPEC’ to ensure stability & solve problem of world hunger Posted on Posted onOctober 7, 2019October 7, 2019By Editor Russian Deputy Prime Minister Aleksey Gordeyev has suggested creating an organization of grain exporters similar to the Organization of Petroleum Exporting Countries (OPEC). … Read More >Russia offers to set up ‘grain OPEC’ to ensure stability & solve problem of world hunger
Categories Asia & Pacific Business Duterte Calls Russia Priority Trade, Investment Market for Philippines Posted on Posted onOctober 7, 2019March 9, 2020By Editor Philippine President Rodrigo Duterte on Friday called Russia a priority trade and investment market for his country and praised robust economic ties. … Read More >Duterte Calls Russia Priority Trade, Investment Market for Philippines
Categories Business Chinese-built solar park to light up 160,000 homes in Argentina Posted on Posted onOctober 7, 2019By Editor South America’s largest solar park, built with Chinese funding and technology, has opened in Argentina, powering more than 160,000 homes, Xinhua news agency has reported. … Read More >Chinese-built solar park to light up 160,000 homes in Argentina
Categories Business Russia vows to develop Cuban energy sector strangled by US blockade Posted on Posted onOctober 7, 2019October 7, 2019By Editor Moscow is planning to cooperate on nuclear energy with Havana, and wants to help develop Cuba’s oil and gas resources, a government official said as PM Dmitry Medvedev … Read More >Russia vows to develop Cuban energy sector strangled by US blockade
