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Reassessing oil in Uganda
hellenicshippingnewshace 61d

Reassessing oil in Uganda

Three-and-a-half years after TotalEnergies, China National Offshore Oil Company, the Uganda National Oil Company, and the Tanzania Petroleum Development Corporation announced a final investment decision (FID) for the first phase of Uganda’s new oil industry, construction is reportedly more than halfway complete, with more than USD6 billion already invested at the end of 2024. The ...

#ECONOMY
The railway network, in full reconstruction: what the map of major CFR works in 2026 shows
bursahace 61d

The railway network, in full reconstruction: what the map of major CFR works in 2026 shows

The projects regarding the modernization of railway lines on the Trans-European Corridor IV, strategic investments in the Port of Constanta, the restoration of railway stations and the introduction of state-of-the-art digital systems represent the main works that CFR SA will carry out during 2026, according to a press release of the infrastructure company, published on the official Facebook page. Basically, the representatives of CFR SA announce that, from Cluj-Oradea and Arad-Timişoara to Iaşi-Ungheni and Gara de Nord, the railway map of Romania is entering a structural transformation with a direct impact on the economy, mobility and European connectivity.

#ECONOMY
African nations now send more money to China than they receive in new loans
hellenicshippingnewshace 61d

African nations now send more money to China than they receive in new loans

China’s role as a leading financier to developing nations has shifted over the past decade, with new loans to poorer countries falling sharply while debt repayments continue to rise, according to analysis released by ONE Data. The inaugural report by the ONE Data initiative found that many low- and middle-income countries — particularly in Africa ...

#ECONOMY
Paralyzing winter storms put a big chill on the US economy, but how much?
hellenicshippingnewshace 61d

Paralyzing winter storms put a big chill on the US economy, but how much?

The deadly and widespread winter storm paralyzing much of the American East with ice, snow and cold is also taking a multi-billion dollar bite out of the U.S. economy, experts figure. But how much? Economists and meteorologists are trying to get a handle on the disruption costs of winter weather disasters, which aren’t as easy ...

#ECONOMY
China accelerates global financial fragmentation
bursahace 61d

China accelerates global financial fragmentation

* Structural decline in the degree of globalizationThe news regarding China and #39;s tightening of regulations on revenues obtained from overseas listings - which, in principle, requires the repatriation of these funds to the mainland - is a fundamental strategic move that confirms the most important trend of this decade: the structural fragmentation of global financial markets.

#ECONOMY
Billions in exports and investment deals secured as PM concludes visit to China
hellenicshippingnewshace 61d

Billions in exports and investment deals secured as PM concludes visit to China

Billions of pounds worth of export and investment deals for the UK have been secured, as the Prime Minister wraps up his visit to China. Over the course of the visit, the PM welcomed £2.2 billion in export deals, around £2.3 billion in market access wins over five years, and hundreds of millions worth of new investments. This has been underpinned by the government’s consistent, pragmatic approach to engagement with China—delivering ...

#ECONOMY
THINK Ahead: When a good place turns bad
hellenicshippingnewshace 61d

THINK Ahead: When a good place turns bad

Central banks from Washington to Frankfurt are telling us they’re in a good place. And they have a point, even if that seems wildly at odds with *gestures at everything going on in the world*. Read on for James Smith’s look at what could drag policymakers out of their happy place this year as the ...

#ECONOMY
Starmer and #39;s Visit to Beijing: The Illusion of a Thaw
bursahace 61d

Starmer and #39;s Visit to Beijing: The Illusion of a Thaw

In fact, British Prime Minister Keir Starmer and #39;s visit to Beijing these days, officially presented as a 'reset and #8221; of economic relations between the United Kingdom and China, does not signal a return to globalization.

#ECONOMY
Our view on central banks
hellenicshippingnewshace 61d

Our view on central banks

Federal Reserve After four 25bp interest rate cuts in 2024 and three in 2025, we forecast only two 25bp rate cuts from the Fed in 2026. The economy continues to report healthy growth, and equity markets are at all-time highs. Still, there are concerns about the resilience of the jobs market and the concentration risk ...

#ECONOMY
Google Pixel Buds 2a TWS earphones surface in new colors
gsmarenahace 61d

Google Pixel Buds 2a TWS earphones surface in new colors

Google unveiled the Pixel Buds 2a TWS earphones last August in Iris and Hazel colors, which are expected to be joined by two new color models that have surfaced online.The new color versions of the Google Pixel Buds 2a are expected to be called Fog and Berry. The charging cases of both models are white from the outside, while the inside matches the color of the earbuds.Google Pixel Buds 2a's Fog modelThe differences between the Iris and Hazel models launched last year, and the upcoming Fog and Berry versions are only cosmetic since the specs and features remain the same....

#TECH