Mohsen Khojastehmehr, the leader of Iran’s National Oil Company (NIOC), announced that Iran and Saudi Arabia are beginning to work together in the oil industry.
Early this year, a Chinese balloon floating over the U.S. was found to be filled with American-made spying equipment. This was revealed by U.S. officials
China, now the largest lender to developing countries, is working with global organizations to help countries restructure their debt payments. This comes amid the worst
Japan’s national debt is projected to exceed 1,100 trillion yen ($8.47 trillion) by the end of the fiscal year in March 2027, indicating the country’s
The International Monetary Fund (IMF) is building a system for digital currencies issued by central banks, which will enable transactions between different countries. This was
A study reveals that 130 nations, which make up 98% of the global economy, are looking into creating digital versions of their own currencies. Almost
The concept of a “Central-Bank Digital Currency” (CBDC) may sound complex and unfamiliar, but it’s worth gaining familiarity as these digital versions of traditional currencies
As the New Development Bank (NDB) — a lending institution birthed by the BRICS coalition (Brazil, Russia, India, China, and South Africa) — seeks to
In a bold declaration, newly-appointed Finance Minister Mehmet Şimşek has stated that Turkey must make a radical shift in its economic policy to combat its
In their strategic quest to secure the world’s lithium supply, Chinese firms are investing billions into mines across the developing world despite rising resistance from
