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RBA Is More Confident on CPI, But Too Early to Declare Victory
4 hours, 52 minutes ago

RBA Is More Confident on CPI, But Too Early to Declare Victory

Live Mint  

-- Australia’s central bank is more confident that inflation is moving sustainably toward target but it’s still too soon to conclude the battle is won given a recent pick-up in consumption and a still-tight labor market, minutes of the December meeting showed. The Reserve Bank’s board discussed scenarios in which future policy would be eased to boost economic growth or …

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Russia news: A newly declassified document suggests things with Russia could have turned out very differently.
10 hours, 36 minutes ago

Russia news: A newly declassified document suggests things with Russia could have turned out very differently.

Slate  

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. The most famous of these is George Kennan’s “Long Telegram” of February 1946, which urged “a long-term patient but firm and vigilant containment of Russian expansive tendencies.” Kennan, who was chargé d’affaires at the U.S. Embassy in Moscow, wrote …

Policy Democracy Russia Washington State Russian Moscow
CMs Revanth, Naidu to attend WEF in Davos next month
1 day ago

CMs Revanth, Naidu to attend WEF in Davos next month

Deccan Chronicle  

At least three chief ministers -- Devendra Fadnavis, Chandrababu Naidu and Revant Reddy -- will join over 100 CEOs and other leaders from India in Davos next month for the World Economic Forum Annual Meeting 2025. Naidu will also be joined by his son and senior Andhra Pradesh minister Nara Lokesh, while Karnataka's Deputy Chief Minister D K Shivakumar, Tamil …

India Leaders Minister Annual Meeting Naidu Expected
DC Edit | Can India beat US in tariff game?
3 days, 11 hours ago

DC Edit | Can India beat US in tariff game?

Deccan Chronicle  

US President-elect Donald Trump’s warning to India about reciprocal taxes against Indian exports if New Delhi does not lower import duties on the American goods hints about the prospective US trade policy, which does not differentiate between ally and adversary. During Mr Trump’s first term, he levied higher tariffs on Indian steel and aluminium, making India retaliate against almonds and …

India Indian Indian Farmers
Establish geopark in Visakhapatnam, INTACH urges the Union and State governments
3 days, 16 hours ago

Establish geopark in Visakhapatnam, INTACH urges the Union and State governments

The Hindu  

The Indian National Trust for Art and Cultural Heritage Visakhapatnam convener D. Rajasekhar Reddy has urged the State and Central governments to work on establishing geopark in Visakhapatnam as the city has the potential to join the prestigious UNESCO Global Geoparks Network. The initiative of geopark would involve integrating major geological and archaeological sites under a unified Geopark Management Authority …

India State Reddy Unesco Geological Geopark Intach Visakhapatnam
Xiconomics: From Chancay to Shanghai: new voyage of common development
4 days, 5 hours ago

Xiconomics: From Chancay to Shanghai: new voyage of common development

China Daily  

An aerial drone photo shows the "Xin Shanghai," a vessel operated by China COSCO Shipping Corporation Limited, berthed at Yangshan Port, East China's Shanghai, Dec 18, 2024. With the arrival of the "Xin Shanghai," a vessel operated by China COSCO Shipping Corporation Limited, at Shanghai's Yangshan Port, cranes creaked to life, unloading containers that represented more than just goods -- …

China Trade Development Port South America Latin America Pacific
Honda-Nissan merger: EV boom cutting off auto giants' vroom?
4 days, 5 hours ago

Honda-Nissan merger: EV boom cutting off auto giants' vroom?

India Today  

Two of the world’s giant carmakers, Nissan and Honda, are taking steps towards a merger. While Honda’s net profit slumped by 19.7 per cent, Nissan’s fell drastically by 93.5 per cent. Rise of EVs “Electric car sales keep rising and could reach around 17 million in 2024, accounting for more than one in five cars sold worldwide," the Global EV …

China Japan Sales Honda Million Cent 2023
EU faces unpredictable 'Trump 2.0'
Top News
4 days, 5 hours ago

EU faces unpredictable 'Trump 2.0'

China Daily  

France's President Emmanuel Macron, US President-elect Donald Trump and Ukraine's President Volodymyr Zelensky meet at the Elysee Palace in Paris on Dec 7. JULIEN DE ROSA/AFP When Donald Trump, president-elect of the United States, arrived in Paris on Dec 7 for the reopening of the Notre Dame cathedral, French President Emmanuel Macron greeted him with a grand welcome usually reserved …

Trump President Paris European Macron Europeans
EU faces unpredictable 'Trump 2.0'
Top News
4 days, 5 hours ago

EU faces unpredictable 'Trump 2.0'

China Daily  

France's President Emmanuel Macron, US President-elect Donald Trump and Ukraine's President Volodymyr Zelensky meet at the Elysee Palace in Paris on Dec 7. JULIEN DE ROSA/AFP When Donald Trump, president-elect of the United States, arrived in Paris on Dec 7 for the reopening of the Notre Dame cathedral, French President Emmanuel Macron greeted him with a grand welcome usually reserved …

Trump Paris European Macron Eu Faces Europeans President Volodymyr
EU faces unpredictable 'Trump 2.0'
Top News
4 days, 5 hours ago

EU faces unpredictable 'Trump 2.0'

China Daily  

France's President Emmanuel Macron, US President-elect Donald Trump and Ukraine's President Volodymyr Zelensky meet at the Elysee Palace in Paris on Dec 7. JULIEN DE ROSA/AFP When Donald Trump, president-elect of the United States, arrived in Paris on Dec 7 for the reopening of the Notre Dame cathedral, French President Emmanuel Macron greeted him with a grand welcome usually reserved …

Trump Paris European Macron Eu Faces Europeans President Volodymyr
RBI flags concerns over state sops even as tax revenue grows, spending quality improves
4 days, 12 hours ago

RBI flags concerns over state sops even as tax revenue grows, spending quality improves

Live Mint  

Mumbai: India’s banking regulator has flagged concerns about a slew of sops announced by several states, even as their tax revenue has grown faster than the economic growth rate after the pandemic year of FY21, and spending quality improved in favour of more productive asset creation. Even as capital expenditure is projected to increase this year, states are expected to …

States Revenue State Rbi Tax Revenue Trillion Gdp
Developed countries spent more on fossil fuel subsidies in 2023 than new climate finance package
4 days, 19 hours ago

Developed countries spent more on fossil fuel subsidies in 2023 than new climate finance package

Live Mint  

New Delhi, Dec 19 Developed countries spent USD 378 billion subsidising fossil fuels in 2023, surpassing the USD 300 billion they have collectively committed to provide annually to the developing world by 2035 to tackle climate change, according to the latest data. The data revealed that 23 developed nations -- mandated under the UN climate convention to provide climate finance …

India Climate Change Climate Climate Finance Developing Countries Billion Fossil Fuels
UK PM Keir Starmer hosts Indian business chiefs to boost investments
4 days, 20 hours ago

UK PM Keir Starmer hosts Indian business chiefs to boost investments

Live Mint  

London, Dec 19 Prime Minister Keir Starmer hosted a delegation of 13 Indian companies at 10 Downing Street in London on what the British government described as a “curated visit” to enhance the bilateral partnership and boost investment flows. The visit on Wednesday follows Starmer’s meeting with Prime Minister Narendra Modi on the sidelines of the G20 Summit last month, …

Business Trade Indian Starmer Opportunities
Not the time to spin wheels
5 days, 5 hours ago

Not the time to spin wheels

China Daily  

WANG XIAOYING/CHINA DAILY Since the European Commission launched the anti-subsidy investigation into China's electric vehicles in October 2023, how to properly promote the orderly and healthy development of the China-EU EV industry, and how to resolve the potential escalation of trade frictions have been a priority for the two sides. According to the China Automobile Association, in 2023, China's new …

China Development Industrial Exports Chinese China Daily European
Reduced logistics costs to aid trade
Trending News
5 days, 5 hours ago

Reduced logistics costs to aid trade

China Daily  

SHI YU/CHINA DAILY China has unveiled a clear roadmap to drive down logistics costs, a strategic move that officials and analysts said is crucial for enhancing the competitiveness of the manufacturing industry, and strengthening the foundation of the country's real economy as a whole. China's total logistics costs accounted for 14.4 percent of its GDP last year, while the ratio …

China Costs Logistics Plan Zhang Aid Yang
Reduced logistics costs to aid trade
Trending News
5 days, 5 hours ago

Reduced logistics costs to aid trade

China Daily  

By Wang Keju | China Daily | Updated: 2024-12-19 08:49 SHI YU/CHINA DAILY China has unveiled a clear roadmap to drive down logistics costs, a strategic move that officials and analysts said is crucial for enhancing the competitiveness of the manufacturing industry, and strengthening the foundation of the country's real economy as a whole. China's total logistics costs accounted for …

China Railway Freight Plan Zhang Aid Yang
Reduced logistics costs to aid trade
Top News
5 days, 5 hours ago

Reduced logistics costs to aid trade

China Daily  

By Wang Keju | China Daily | Updated: 2024-12-19 08:49 SHI YU/CHINA DAILY China has unveiled a clear roadmap to drive down logistics costs, a strategic move that officials and analysts said is crucial for enhancing the competitiveness of the manufacturing industry, and strengthening the foundation of the country's real economy as a whole. China's total logistics costs accounted for …

China Costs Logistics Railway Freight Plan Zhang
Chinadaily.com.cn
6 days, 5 hours ago

Chinadaily.com.cn

China Daily  

Uncertainty in the global economic outlook has put a brake on the engine of global growth and led to the rise of statism For more than a decade, elections taking place in the world's major countries, such as the United States, have not only intensified political divisions, but also increased their external influence. The global economic circulation driven by global …

Europe China Political National Parties Industrial Developing Countries
Govt wealth seen as key to boosting consumption
6 days, 5 hours ago

Govt wealth seen as key to boosting consumption

China Daily  

China's ongoing efforts to boost consumption can be significantly enhanced if the government's substantial wealth and assets are mobilized to support household incomes and social welfare, leading economists said. Liu Shijin, former deputy director of the Development Research Center of the State Council and a prominent economist, said that a relatively high share of State-owned equity in social wealth could …

China Social Wealth Consumption State Zhang Liu
Peruvian port helps spur trade with China
6 days, 5 hours ago

Peruvian port helps spur trade with China

China Daily  

Containers are loaded onto a truck at Chancay Port, Peru. Situated about 60 kilometers north of Peru's capital Lima, the deepwater port is co-invested by China's COSCO Shipping and Peru's Volcan Compania Minera SAA — a collaborative project between China and Peru under the BRI. The newly opened Chancay Port is poised to deliver significant economic and social benefits to …

China Trade Economic Port Latin America Latin America
每日一词 | 现代零售体系 modern retail system
Top News
6 days, 5 hours ago

每日一词 | 现代零售体系 modern retail system

China Daily  

商务部等7部门近日联合印发方案，聚焦百货店、购物中心、超市、社区商业中心等零售商业设施改造提升和创新转型，力争到2029年初步形成现代零售体系。 China seeks to initially form a modern retail system by 2029, according to a document jointly issued by seven government departments including the Ministry of Commerce, with upgrade and transformation efforts targeting department stores, shopping centers, supermarkets, and community business hubs. 2024年12月9日，工作人员在河北省邯郸市永年区一家超市整理食品。图片来源：新华社 【知识点】 零售业关系国计民生，是现代商贸流通体系的重要组成部分，也是引导生产、扩大消费、吸纳就业、保障民生的重要载体，在繁荣市场、畅通经济循环等方面发挥着重要作用。我国零售业市场规模大、经营主体多，存在发展不平衡、优质供给不足、“内卷式”竞争等问题，亟待优化调整。 2024年12月16日，商务部等7部门近日联合印发的《零售业创新提升工程实施方案》对外发布，聚焦百货店、购物中心、超市、社区商业中心等零售商业设施改造提升和创新转型。方案提出，按照“全面部署、试点探索”思路，以城市试点为抓手，通过健全工作机制、创新工作方式、强化支持政策，力争到2029年，初步形成供给丰富、布局均衡、渠道多元、服务优质、智慧便捷、绿色低碳的现代零售体系。 方案部署五个方面的工作任务。一是推动场景化改造，鼓励融合性商业，创新时尚型商业，倡导策展型商业，培育主题式商业，完善社区型商业。二是推动品质化供给，以消费者为中心，诚信经营、品质当先、服务至上，优化商品和服务体验。三是推动数字化赋能，推动实体零售与数字经济深度融合，形成新质生产力，提升效率，让消费更便捷。四是推动多元化创新，鼓励业态融合，“大而强”“小而美”“专而精”与“一店多能”模式百花齐放。五是推动供应链提升，鼓励强化协同，优化流通渠道，高效衔接供销，促进降本增效。 【重要讲话】 面对新一轮科技革命和产业变革浪潮，我们要着眼长远、把握机遇、乘势而上，推进数字化、智能化、绿色化转型发展，共同强化科技创新和成果转化，推进数字经济和实体经济深度融合。 Facing a new wave of scientific and technological revolution and industrial …

Damage control
Trending News
6 days, 5 hours ago

Damage control

China Daily  

ZHANG TING/FOR CHINA DAILY For more than a decade, elections taking place in the world's major countries, such as the United States, have not only intensified political divisions, but also increased their external influence. The global economic circulation driven by global capital flow has benefited many countries, especially emerging economies, which have enjoyed rapid development. Rather, it means using national …

Global Europe Markets Political National Parties Economic
每日一词 | 现代零售体系 modern retail system
Top News
6 days, 5 hours ago

每日一词 | 现代零售体系 modern retail system

China Daily  

商务部等7部门近日联合印发方案，聚焦百货店、购物中心、超市、社区商业中心等零售商业设施改造提升和创新转型，力争到2029年初步形成现代零售体系。 China seeks to initially form a modern retail system by 2029, according to a document jointly issued by seven government departments including the Ministry of Commerce, with upgrade and transformation efforts targeting department stores, shopping centers, supermarkets, and community business hubs. 2024年12月9日，工作人员在河北省邯郸市永年区一家超市整理食品。图片来源：新华社 【知识点】 零售业关系国计民生，是现代商贸流通体系的重要组成部分，也是引导生产、扩大消费、吸纳就业、保障民生的重要载体，在繁荣市场、畅通经济循环等方面发挥着重要作用。我国零售业市场规模大、经营主体多，存在发展不平衡、优质供给不足、“内卷式”竞争等问题，亟待优化调整。 2024年12月16日，商务部等7部门近日联合印发的《零售业创新提升工程实施方案》对外发布，聚焦百货店、购物中心、超市、社区商业中心等零售商业设施改造提升和创新转型。方案提出，按照“全面部署、试点探索”思路，以城市试点为抓手，通过健全工作机制、创新工作方式、强化支持政策，力争到2029年，初步形成供给丰富、布局均衡、渠道多元、服务优质、智慧便捷、绿色低碳的现代零售体系。 方案部署五个方面的工作任务。一是推动场景化改造，鼓励融合性商业，创新时尚型商业，倡导策展型商业，培育主题式商业，完善社区型商业。二是推动品质化供给，以消费者为中心，诚信经营、品质当先、服务至上，优化商品和服务体验。三是推动数字化赋能，推动实体零售与数字经济深度融合，形成新质生产力，提升效率，让消费更便捷。四是推动多元化创新，鼓励业态融合，“大而强”“小而美”“专而精”与“一店多能”模式百花齐放。五是推动供应链提升，鼓励强化协同，优化流通渠道，高效衔接供销，促进降本增效。 【重要讲话】 面对新一轮科技革命和产业变革浪潮，我们要着眼长远、把握机遇、乘势而上，推进数字化、智能化、绿色化转型发展，共同强化科技创新和成果转化，推进数字经济和实体经济深度融合。 Facing a new wave of scientific and technological revolution and industrial …

每日一词 | 现代零售体系 modern retail system
Top News
6 days, 5 hours ago

每日一词 | 现代零售体系 modern retail system

China Daily  

商务部等7部门近日联合印发方案，聚焦百货店、购物中心、超市、社区商业中心等零售商业设施改造提升和创新转型，力争到2029年初步形成现代零售体系。 China seeks to initially form a modern retail system by 2029, according to a document jointly issued by seven government departments including the Ministry of Commerce, with upgrade and transformation efforts targeting department stores, shopping centers, supermarkets, and community business hubs. 2024年12月9日，工作人员在河北省邯郸市永年区一家超市整理食品。图片来源：新华社 【知识点】 零售业关系国计民生，是现代商贸流通体系的重要组成部分，也是引导生产、扩大消费、吸纳就业、保障民生的重要载体，在繁荣市场、畅通经济循环等方面发挥着重要作用。我国零售业市场规模大、经营主体多，存在发展不平衡、优质供给不足、“内卷式”竞争等问题，亟待优化调整。 2024年12月16日，商务部等7部门近日联合印发的《零售业创新提升工程实施方案》对外发布，聚焦百货店、购物中心、超市、社区商业中心等零售商业设施改造提升和创新转型。方案提出，按照“全面部署、试点探索”思路，以城市试点为抓手，通过健全工作机制、创新工作方式、强化支持政策，力争到2029年，初步形成供给丰富、布局均衡、渠道多元、服务优质、智慧便捷、绿色低碳的现代零售体系。 方案部署五个方面的工作任务。一是推动场景化改造，鼓励融合性商业，创新时尚型商业，倡导策展型商业，培育主题式商业，完善社区型商业。二是推动品质化供给，以消费者为中心，诚信经营、品质当先、服务至上，优化商品和服务体验。三是推动数字化赋能，推动实体零售与数字经济深度融合，形成新质生产力，提升效率，让消费更便捷。四是推动多元化创新，鼓励业态融合，“大而强”“小而美”“专而精”与“一店多能”模式百花齐放。五是推动供应链提升，鼓励强化协同，优化流通渠道，高效衔接供销，促进降本增效。 【重要讲话】 面对新一轮科技革命和产业变革浪潮，我们要着眼长远、把握机遇、乘势而上，推进数字化、智能化、绿色化转型发展，共同强化科技创新和成果转化，推进数字经济和实体经济深度融合。 Facing a new wave of scientific and technological revolution and industrial …