IMF Calls on China to Strengthen Renminbi
The officials of the International Monetary Fund (IMF) have said that China should allow its currency to strengthen. This statement by IMF was delivered during its 10-day visit to China. The suggestions provided by the IMF to China were carefully worded, and the IMF believes that Beijing’s help is necessary in coping with severe debt […]
China Records Massive Trade Surplus Despite U.S. Tariffs
The Chinese Administration of Customs released data indicating that China’s trade surplus reached $1.19 trillion. This is an increase of 20% from the previous year of 2024. The figure had already been exceeded in November 2024 by surpassing the $1 trillion mark. This is due to the fact that Chinese exports have flooded global markets. […]
Somaliland Rejects Somalia’s Claims Over Berbera Agreements
Somaliland came out with a press statement denying the allegations from the Somalia government. The statement by the self, exiled republic of Somaliland, comments that Berbera is part and inalienable of the Republic of Somaliland. According to the press statement that was released by Somaliland, “Somalia has neither jurisdiction, authority, nor any standing over the […]
Qatar Joins Pax Silica
Qatar also signed the Pax Silica Declaration, joining as the eighth signatory alongside the US, Australia, Israel, Japan, South Korea, Singapore, and the UK. Pax Silica is an economic security coalition, particularly an AI corridor; built for the AI age. This economic coalition is unique in the sense that it marks the first time countries […]