Nigeria Nigeria’s long-standing dependence on the US Dollar for trade transactions has significantly hindered its economic progress, exposing the Naira to persistent volatility and deepening foreign exchange challenges. This reliance has placed immense pressure on Nigeria’s forex reserves and
China With just 30 days until the groundbreaking kick-off, FIFA has announced that the curtain-raiser in the inaugural edition of the FIFA Women’s Champions Cup™ will be held in China PR. This game-changing competition was first approved by the FIFA Council in April last year, with more details around the opening instalment being confirmed at […]
China Taiwan President Lai Ching-te said on Tuesday that aggression will inevitably fail, pointing – on the day before a mass military parade in Beijing – to the lessons from World War Two and key victories Taiwan claims against Chinese forces in 1958. Democratically governed Taiwan has over the past five years repeatedly complained about […]
China Chinese President Xi Jinping welcomed world leaders in the northern port city of Tianjin on Sunday, ahead of the Shanghai Cooperation Organization (SCO) summit. Xi held talks at the Tianjin Guest House with Maldivian President Mohamed Muizz, Azerbaijan President Ilham Aliyev, and Armenian Prime Minister Nikol Pashinyan. Xi reaffirmed China’s commitment to consolidate
USA The US president threatened Beijing with a steep tariff increase if the country did not supply rare-earth magnets, which are crucial for a range of products, such as smartphones and electric vehicles, to Washington. Another tariff threat from Washington: US president Donald Trump told journalists on Monday that China could face 200% tariffs if […]
China President Xi Jinping will gather more than 20 world leaders at a regional security forum in China next week in a powerful show of Global South solidarity in the age of Donald Trump while also helping sanctions-hit Russia pull off another a diplomatic coup. Aside from Russian President Vladimir Putin, leaders from Central Asia, the […]
USA United States President Donald Trump on Monday extended a trade truce with China for another 90 days, delaying once again a dangerous showdown between the world’s two biggest economies. Trump posted on his Truth Social platform that he signed the executive order for the extension, and that “all other elements of the Agreement will remain […]
China China said it “resolutely opposed” Czech President Petr Pavel’s meeting in India with Tibetan spiritual leader the Dalai Lama, and urged the Czech side to “abide by its one-China political commitment” and maintain healthy and stable relations. China’s embassy in the Czech Republic posted the notice late on Sunday and said China
USA In a significant step toward de-escalating ongoing trade tensions, the united States and China have confirmed a finalized trade framework agreement. The deal, which emerged from recent high-level discussions in Geneva and London, outlines mutual steps to lower tariffs and ease regulatory restrictions on key exports. Beijing officially confirmed the agreement on Friday,
China A Chinese PhD student found guilty of drugging and raping 10 women has been jailed for life with a minimum term of 24 years. Zhenhao Zou, 28, was convicted of multiple sexual assaults on women in the UK and China in March, where he used drugs to incapacitate his victims before raping them. The trial at […]