The Economics of Geography

Argentina makes IMF loan repayment partly with yuan
03/07/2023 08:39

Argentina makes IMF loan repayment partly with yuan

Argentina on Friday made a 2.7 billion USD loan repayment to the International Monetary Fund partly using Chinese yuan, the country's economy ministry said, The Business Standard reported, citing AFP.
Chinese shipbuilding industry sees large growth
01/07/2023 14:00

Chinese shipbuilding industry sees large growth

China's shipbuilding industry saw new vessel orders surge 49.5 percent year-on-year in the first five months of 2023.
Structural reforms can bring significant GDP growth in Central Asia
29/06/2023 11:00

Structural reforms can bring significant GDP growth in Central Asia

Structural reforms could increase the economic growth rates of the countries of the Caucasus and Central Asia by 5-7 percent, said Kristalina Georgieva, Managing Director of the International Monetary Fund.
China's development can inject stability to the rest of the world
28/06/2023 15:00

China's development can inject stability to the rest of the world

China's development can inject stability and positive energy, and bring a sense of security to the rest of the world, said Prime Minister Li Qiang at the 14th Annual Meeting of the New Champions, also known as Summer Davos.
Szijjártó: Decoupling from China brutal economic suicide
27/06/2023 15:55

Szijjártó: Decoupling from China brutal economic suicide

It would be brutal economic suicide for Europe to cut ties with China, especially after the continent's competitiveness has plummeted significantly in recent years for various reasons, Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó said in Tianjin, China, on Tuesday, according to MTI.
Istanbul Airport hosts nearly 1.5M planes since 2018
26/06/2023 13:00

Istanbul Airport hosts nearly 1.5M planes since 2018

Nearly 210 million passengers travel through mega airport since in the past 4,5 years.
Hong Kong remains one of he world's most competitive economies
24/06/2023 17:00

Hong Kong remains one of he world's most competitive economies

Hong Kong continues to be one of the most competitive economies in the world, ranking seventh globally, according to the World Competitiveness Yearbook 2023 published by the Switzerland-based International Institute for Management Development (IMD).
Foreign direct investment in Saudi Arabia exceeds $266 billion
23/06/2023 13:00

Foreign direct investment in Saudi Arabia exceeds $266 billion

According to a report the number of investors is on the rise with innovation, entrepreneurship and sports among the most preferred areas of investor interest in the first quarter of this year.
Turkey wants to increase exports to 265 billion dollar by the end of 2023
23/06/2023 07:00

Turkey wants to increase exports to 265 billion dollar by the end of 2023

Turkish President Recep Tayyip Erdoğan has expressed his country's desire to increase Turkey's exports to $265 billion by the end of the year, despite the negative global economic backdrop.
Renminbi needs capital account liberalisation
21/06/2023 08:00

Renminbi needs capital account liberalisation

Interview with Alain Naef, Research Economist, Banque de France.
The renminbi could be a new challenger to the dollar in international payments
21/06/2023 08:00

The renminbi could be a new challenger to the dollar in international payments

China's long-term plan is to make the renminbi, like the dollar, an increasingly widespread currency in international payments. To this end, the Asian country is promoting the internationalisation of its currency through a number of measures. 
The world needs another major financial centre
21/06/2023 08:00

The world needs another major financial centre

Interview with Woo Wing Thye, Distinguished Professor of Economics, University of California, Davis.
A slow, gradual dedollarisation is expected
21/06/2023 07:50

A slow, gradual dedollarisation is expected

While China approaches its alliances in a wholly pragmatic manner, the United States has become increasingly moralistic, points out macroeconomist Philip Pilkington. We spoke to the host of the Multipolarity podcast about the changing role of the dollar and the emerging multipolar world.
A growing BRICS has its consequences
21/06/2023 07:00

A growing BRICS has its consequences

Interview with Professor David Jones, University of Warsaw
Pakistan paid in renminbi for Russian oil
16/06/2023 14:39

Pakistan paid in renminbi for Russian oil

Pakistan paid for its first government-to-government import of discounted Russian crude oil in Chinese currency, Reuters reported this week.
Energy is no political matter, Hungarian FM warns
16/06/2023 09:58

Energy is no political matter, Hungarian FM warns

Europe must accept that energy security is a physical rather than an ideological or political matter, Péter Szijjártó, told a conference in St Petersburg, according to MTI.

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