The U.S. trade deficit widened dramatically in November, marking its largest monthly percentage increase in nearly 34 years as a surge in imports outpaced weakening exports. Government data released Thursday showed the trade gap expanded by 94.6 percent to 56.8 billion dollars, far exceeding market expectations. Economists had anticipated a more modest increase, but a […]
Nigeria’s central bank has projected stronger economic growth and a sharp slowdown in inflation in 2026, signaling cautious optimism after years of economic strain and policy adjustment. According to its latest outlook, the bank expects gross domestic product to expand by 4.49% next year, supported by improving foreign exchange stability, rising oil production, and continued […]
Japan’s government is preparing to call on the Bank of Japan to keep monetary policy focused on achieving strong economic growth alongside stable prices, according to a draft outline of the country’s upcoming stimulus package. The proposal signals Prime Minister Sanae Takaichi’s intent to maintain an accommodative stance and avoid a premature tightening of financial […]
China’s Premier Li Qiang pledged to push for a fairer and more transparent global trading system while laying out growth ambitions that would lift China’s gross domestic product to roughly 170 trillion yuan by 2030, equal to about 23.8 trillion dollars at recent exchange rates. The remarks, delivered at a high profile economic forum in […]
