Regional News

25.09.2020

Russia projected to dominate global wheat exports for years to come

With grain production in Russia expected at record highs this year, the country has continued boosting exports and extending the list of its potential buyers around the world.

Algeria’s state grains agency said last week it would start accepting wheat imports from all countries, including Russia, in its next tender. Until...

With grain production in Russia expected at record highs this year, the country has continued boosting exports and extending the list of its potential buyers around the world.

Algeria’s state grains agency said last week it would start accepting wheat imports from all countries, including Russia, in its next tender. Until...

25.09.2020

Russians’ debt burden drops for the first time since 2015

Amid the coronavirus pandemic the Russians’ debt burden declined for the first time since 2015, Director of the Central Bank’s Financial Stability Department Elizaveta Danilova reported. In the second quarter, the debt load dropped by 0.2 percentage points to 10.7%. This is related to both the reduced lending opportunities for...

Amid the coronavirus pandemic the Russians’ debt burden declined for the first time since 2015, Director of the Central Bank’s Financial Stability Department Elizaveta Danilova reported. In the second quarter, the debt load dropped by 0.2 percentage points to 10.7%. This is related to both the reduced lending opportunities for...

25.09.2020

China stocks post biggest drop in two weeks

China shares ended lower on Thursday, after falling the most in more than two weeks, taking cues from an overnight slump on Wall Street on renewed concerns over a coronavirus-led slowdown in global economic recovery.

At the close, the Shanghai Composite index was down 1.72% at 3,223.18, while the blue-chip CSI300...

China shares ended lower on Thursday, after falling the most in more than two weeks, taking cues from an overnight slump on Wall Street on renewed concerns over a coronavirus-led slowdown in global economic recovery.

At the close, the Shanghai Composite index was down 1.72% at 3,223.18, while the blue-chip CSI300...

25.09.2020

China steps up investment in strategic sectors

China issued a guideline on Wednesday to boost investment in strategic emerging sectors like 5G commercialization, vaccine applications and chip manufacturing, said the nation's top economic regulator.

Experts said they believe that strategic emerging sectors will be the backbone of China's next phase of industrial and technological development in the global...

China issued a guideline on Wednesday to boost investment in strategic emerging sectors like 5G commercialization, vaccine applications and chip manufacturing, said the nation's top economic regulator.

Experts said they believe that strategic emerging sectors will be the backbone of China's next phase of industrial and technological development in the global...

25.09.2020

China makes giant strides in innovation

China is becoming increasingly innovative and is on course to meet its target of becoming a global technology leader within 15 years, according to some of the world's leading scientific experts.

Their remarks come as President Xi Jinping continues to stress the importance of innovation in upgrading the country's economy, most...

China is becoming increasingly innovative and is on course to meet its target of becoming a global technology leader within 15 years, according to some of the world's leading scientific experts.

Their remarks come as President Xi Jinping continues to stress the importance of innovation in upgrading the country's economy, most...


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