live U.S. military says rescue operations under way after plane crashes in Iraq- Friday, 13 March
Leaders of Iran, Israel, and the United States reiterated their determination to press on with the conflict on Friday (13 March), as the Middle Eas...
China plans to strengthen its economy for this year. The country will focus on providing durable goods for consumers and equipment for businesses.
China is implementing measures to boost its economy in 2025, including increased ultra-long treasury bond funding, interest rate cuts, and financial aid programs for durable goods and business equipment upgrades.
The government aims for 5% growth for 2025, while accepting a budget deficit of 4% of GDP, despite challenges such as the property crisis and potential U.S. tariffs.
China's Vice Secretary of the National Development and Reform Commission, Yuan Da, expressed optimism about the country's economic recovery for this year.
Millions of government workers received wage increases averaging 500 yuan, approximately $70 per month from July 2024, injecting an estimated $12–20 billion into the economy.
These pay raises aim to stimulate spending, though some critics question their focus on civil servants, arguing that the move may damage private sector.
The U.S. should shut down its military bases in the Middle East, Iran's new Supreme Leader Mojtaba Khamenei said on Thursday (12 March). His words were read out by a broadcaster on state Iranian television.
More than 68,000 children in eastern Afghanistan have been displaced after clashes between Afghan and Pakistani forces intensified along the border, according to a new report by Save the Children.
Georgia has cancelled international tenders for the construction of major road sections that form part of a regional highway linking the country with the borders of Armenia and Azerbaijan.
Norwegian police apprehended three brothers suspected of carrying out Sunday's (8 March) bombing at the U.S. embassy in Oslo, in an attack investigators have branded an act of terrorism.
“Get ready for oil to be $200 a barrel," a spokesman for the Iranian Army warned the world on Wednesday (11 March), as attacks on ships in the Strait of Hormuz escalated. Meanwhile, 32 countries agreed to the largest ever release of oil reserves in an attempt to reduce prices.
The prevailing security situation in the region has done little to deter entrepreneurs from the Commonwealth of Independent States (CIS) who continue to view Dubai as a premier and safe location for business.
China has raised the retail prices of petrol and diesel after global oil prices climbed sharply. The country’s top economic planning body, the National Development and Reform Commission (NDRC), announced the move after reviewing international oil market trends.
Global financial markets remained on edge on Friday as the escalating war involving the United States, Israel and Iran continued to rattle investors, fuelling volatility in stocks and sending energy prices sharply higher.
China’s top leadership has unveiled a new push to turn advanced technologies into large-scale industrial priorities as part of the country’s upcoming 15th Five-Year Plan, which will guide economic and social development from 2026 to 2030.
The European Commission sees no immediate impact on the European Union's security of oil supply from the escalating conflict in the Middle East, it said in an email to EU governments, seen by Reuters on Monday (2 March).
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