10 May 2024

Is Turkey's LNG deal with ExxonMobil aimed at reducing dependence on Russian gas?
US intends to oust China from Europe, replacing it with India
Hungary seeks to boost ties with China amid economic recession in Europe
Fed officials mull whether rates high enough as inflation expectations jump

Debate over whether U.S. interest rates are high enough deepened among Federal Reserve officials this week, and may be stoked further after a key survey showed a jump in consumers' inflation expectations.
COP29 President-Designate visits COMSATS headquarters in Pakistan

Azerbaijan’s Minister of Ecology and Natural Resources, COP29 President-Designate Mukhtar Babayev visited on Friday the headquarters of the Commission on Science and Technology for Sustainable Development in the South (COMSATS) in the capital city of Islamabad, during his visit to Pakistan.
China grows and moves up the global value chain

As my social media feeds and web browsers are flooded with the word "overcapacity" lately, I can't stop wondering why this old economic term is suddenly turning into a buzzword, especially in the context of China-U.S. trade tensions.
Chinese EV maker Zeekr's shares open 24% above IPO price

Zeekr (ZK.N), opens new tab shares opened nearly 24% above their IPO price on Friday in a strong start for the EV maker, the first major U.S. market debut by a China-based company since 2021.
President: Return of occupied lands in Gazakh and conducting delimitation and demarcation on our terms is another victory

“Today, the lands of the Gazakh district, occupied in 1990 and 1992, have been returned to us without a single shot being fired,” said President Ilham Aliyev during a ceremony to present apartment keys to the first returning residents of Shusha.
Pan-African Alliance praises Azerbaijan's leadership in global climate action

The Kenya-headquartered Pan African Climate Justice Alliance (PACJA), which unites NGOs from 51 climate action countries around the world, has issued a statement praising Azerbaijan's leadership in global climate action, News.az reports.
Mishustin plans to increase volume of non-resource, non-energy exports by 2/3

Russia’s Acting Prime Minister Mikhail Mishustin announced plans to increase the volume of non-resource, non-energy exports by two-thirds, agricultural products - 1.5 times, he said at the consideration of his candidacy for the post of head of government in the State Duma.