By Anadolu Agency US President Donald Trump on Friday said he will speak to Chinese President Xi Jinping, after accusing China of violating a trade deal announced earlier this month, possibly plunging the global trade back into a state of uncertainty after a sigh of relief from the deal in Geneva. “They violated a big

By The African Exponent In 2024, the total value of imported goods in Africa reached $719 billion, showing a modest growth of 2.4% compared to 2023. Meanwhile, exports saw a larger increase, rising by nearly 10% to $682 billion. Imports were robust in manufactured goods and refined petroleum products. Intra-African trade also grew, hitting $208

The headquarters of the African Development Bank (AfDB) are pictured in Abidjan, Ivory Coast, January 30, 2020. Photographer Luc Gnago By Reuters The African Development Bank will meet in Ivory Coast this week to pick a new president at a time when the continent’s biggest multilateral lender faces unprecedented challenges from funding cuts by the

Chinese Premier Li Qiang addresses the Indonesia-China Business Reception 2025 in Jakarta, Indonesia, on May 24, 2025. Indonesian President Prabowo Subianto also attended the event. Photographer Li Xiang By Xinhua News Agency Chinese Premier Li Qiang on Saturday urged China and Indonesia to make the pie of cooperation bigger, strengthen industrial integration and safeguard free

By Anadolu Agency The UK prime minister on Monday announced a new agreement with the EU aimed at boosting trade, easing border frictions, and enhancing co-operation on security and migration, marking what Downing Street has described as “a new chapter” in the bilateral relationship. The deal, finalized after six months of negotiations, is the third

A view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. Photographer Tatiana Meel/File Photo By Reuters Oil prices slipped on Monday, weighed down by Moody’s downgrade of the U.S. sovereign credit rating and official data that showed a slow down in

U.S. President Donald Trump and Saudi Crown Prince and Prime Minister Mohammed Bin Salman shake hands during a Memorandum of Understanding (MOU) signing ceremony at the Royal Court in Riyadh, Saudi Arabia, May 13, 2025. Photographer Brian Snyder By Reuters U.S. President Donald Trump secured a $600 billion commitment from Saudi Arabia on Tuesday to

A general view of Whitstable Heights a new housing development, as the UK government aims to build 1.5 million new homes, in Whitstable, Britain, September 11, 2024. Photographer Chris J. Ratcliffe/File Photo By Reuters British house prices fell by 0.6% in April, a sharper fall than forecast and their biggest monthly decline in more than

People queue for food in the financial district of Canary Wharf as it was announced that British consumer price inflation hit an annual rate of 9.0% in April in London, Britain, May 18, 2022. Photographer Kevin Coombs/File Photo By Reuters Confidence among people in Britain about the economy over the next 12 months has fallen

Africa’s largest asset manager, PIC oversees South Africa’s Government Employees Pension Fund. Photo Credit: Daily Nation By The African Exponent Africa’s investment landscape in 2025 showcases a dynamic blend of established institutions and emerging firms, reflecting the continent’s economic growth and diversification. In 2025, Africa’s wealth management market is projected to reach US$843.61 billion in