Germany losing export shares to China in EU market, says German development bank
Germany is steadily losing export market share to China within the European Union, according to a report released Monday by the KfW Development Bank.
The Vatican has announced that the conclave to elect Pope Francis's successor will begin on May 7. Here's a look at the key facts about the conclave, one of the oldest and most secretive elections in the world.
Roman Catholic cardinals will gather in the Sistine Chapel starting May 7 to elect the 267th pontiff and successor to Pope Francis. A total of 135 cardinals, aged under 80 at the time of Francis’s death, are eligible to participate, though it's uncertain if all will attend.
Cardinals aged 80 or over can participate in daily meetings called general congregations, but cannot vote. The conclave will take place in the Sistine Chapel, with cardinals isolated from the outside world during the process. Communication devices such as phones, TV, and the internet are strictly forbidden.
The history of the conclave dates back to 1241, with its name originating from the Latin term “cum clave,” meaning “with a key.” Over the years, conclaves have varied in length, with the most recent one in 2013 lasting just two days. Ballots are held twice daily, with votes burned to produce either black or white smoke, indicating whether a decision has been reached.
Once a pope is chosen, a senior cardinal announces the new leader to the world with the Latin phrase "Habemus Papam" and reveals the pope’s chosen name. The newly elected pope then addresses the public in St. Peter's Square and delivers the first "Urbi et Orbi" blessing.
China has rolled out the world’s first 10-gigabit (10G) fixed broadband network in Xiong'an New Area, promising ultra-fast speeds and low latency through cutting-edge optical infrastructure.
Russia launched a major missile and drone assault on Kyiv overnight on April 24, killing at least twelve people and injuring 90, including children and a pregnant woman, according to Mayor Vitali Klitschko.
China’s pivot away from U.S. liquefied petroleum gas under new tariffs is shaking global energy flows, slashing demand, and fuelling a scramble for alternatives across Asia, with Middle Eastern suppliers and rival buyers seizing the moment.
A deadly attack targeting tourists in India’s Jammu and Kashmir territory has left at least 20 feared dead, marking the deadliest incident against civilians in the region for years, according to security sources.
In an expansive interview marking his first 100 days back in office, President Donald Trump sketched out an agenda that touches everything from punitive tariffs and China policy to cease-fire hopes in Ukraine and an overhaul of domestic programmes. Below are the highlights.
As Canadians head to the polls on Monday, Prime Minister Mark Carney’s Liberals are leading Pierre Poilievre’s Conservatives in national opinion polls, with Jagmeet Singh’s New Democratic Party (NDP) trailing in third and the separatist Bloc Québécois in fourth. In what is shaping up to be a tight r
Germany is steadily losing export market share to China within the European Union, according to a report released Monday by the KfW Development Bank.
German President Frank-Walter Steinmeier assured NATO allies on Monday that Germany would enhance its military and infrastructure contributions to Europe's defense, in response to the ongoing war in Ukraine and growing concerns over the U.S. commitment to European security.
Singapore has directed Meta, the parent company of Facebook, to block Singaporeans' access to posts by three foreigners accused of attempting to influence the country's upcoming election along racial and religious lines.
U.S. Treasury Secretary Scott Bessent said Monday that several major U.S. trading partners had made strong proposals to avoid tariffs, and India is likely to be among the first countries to sign a trade agreement.
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