The group of emerging economies BRICS (Brazil, Russia, India, China and South Africa) gave the bell this week by announcing in Johannesburg the accession to the bloc of six countries, including Argentina, and left a question mark: Will this expansion mark the beginning of a new world order? ? Amid enormous expectation, the President of […]
Tag: China
President Laurentino Cortizo rejects that the Panama Canal be administered by China
Panamanian President Laurentino Cortizo rejected that China control the Panama Canal as the former president of USADonald Trump, whose government was characterized by tensions between the two largest economies in the world. “Trump is totally wrong” in his assertions, Cortizo told reporters during a community work visit in the western province of Bocas del Toro, […]
Chinese developer Country Garden delays bond extension deadline to August 31
the chinese promoter Country Garden Holdings pushed back from Friday to August 31 the deadline for holders of a yuan private bond to vote on its new plan to extend its amortization schedule, according to a notice seen by Reuters. The deadline was postponed to give bondholders more time to consider the plan, according to […]
China approves guidelines to boost housing amid housing crisis
He Chinese Cabinet It approved guidelines for the planning and construction of affordable housing at a meeting chaired by Premier Li Qiang on Friday, the state news agency Xinhua reported. China’s real estate sector is experiencing a deepening crisis, with a growing risk of default among some developers, who are struggling to sell apartments and […]
BRICS announce “historic” incorporation of six new countries, including Argentina
The leaders of the BRICS (Brazil, Russia, India, China, South Africa) announced on Thursday the “historical” admission of six new members from next year, including Argentina, at a time when the club of emerging countries seeks to gain influence on the international scene. Argentina, Egypt, Ethiopia, Saudi Arabia, Iran and the United Arab Emirates will […]
China asks US to cancel its latest arms sale plan to Taiwan
China asked this Thursday to USA to “immediately cancel” its latest plan to sell F-16 fighter-bombers and infrared tracking systems to taiwanvalued at about 500 million dollars. China urges the United States to immediately cancel its latest plan to sell arms to Taiwan and to abandon this dangerous pattern of arming the island.Foreign Affairs spokesman […]
India achieves first descent near the lunar south pole, in the face of Russia’s failure
India achieved this Wednesday the first descent of a automatic ship near to lunar south polea historic triumph for the world’s most populous country and its ambitious space program Low cost. The Chandrayaan-3 ship, which means “moon ship” in Sanskrit, landed on the moon at 6:04 p.m. in India (12:34 p.m. GMT), to the applause […]
What are the countries that aspire to be part of the BRICS?
The BRICS (Brazil, Russia, India, China and South Africa) begin a new summit in Johannesburg this Tuesday, in which one of the main topics of discussion will be the expansion of this bloc with other emerging powers or countries of another type. Heterogeneous The five BRICS countries, which made up this alliance in 2009, currently […]
China cuts key rate to stimulate its sluggish economy
The central bank of China cut a key interest rate on Monday in an attempt to reverse the post-COVID slowdown in the world’s second-largest economy. The economy has recently been dragged down by uncertainty in the labor market and a global slowdown, weighing on demand for Chinese goods. The financial problems of the real estate […]
The economic events that will mark the week in America
The meeting of central bankers in Jackson Hole (United States) focuses the attention of investors in a week in which indicators such as Argentina’s budget deficit or the balance of payments and foreign investment in Brazil will also be known. These are the economic keys that will mark the week in America: Monday 21 The […]