According to World Bank estimates, remittances to low- and middle-income countries reached $685 billion in 2024, up from $647 billion in 2023.With remittances approaching $905 billion globally, it raises the question of whether they are a lifeline for struggling families or a trap that hinders sustainable economic growth.Countries with the…
It seems as though China’s imports of sanctioned oil are rebounding amid trade tensions with the US. Immediately after Shandong’s…
A new Reuters/Ipsos poll has found that a majority of Americans are concerned that Elon Musk’s push to slash…
Chinese tech giant Alibaba Group Holding Ltd. reported strong earnings for the December quarter, with profit reaching 48.9 billion…
Republican Senator Mitch McConnell announced on Thursday that he will not seek reelection next year, bringing an end to…
The USD/JPY exchange rate remained under pressure on Friday after Japan released the latest consumer inflation data. It rose…
A seemingly ordinary lunch between President Donald Trump and a then Japanese politician Shigeru Ishiba this month peeled back…
Japan’s inflation surged in January, with consumer prices rising 4% year over year—the highest level since early 2023. This…
The Central Intelligence Agency (CIA) is undergoing its most significant restructuring in nearly five decades, with a focus on…