global economy
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Economy
China Sanctions 56 US Companies in New Trade and Security Escalation
DID Press: Government of China has imposed new restrictions on 56 companies from the United States, marking a fresh escalation in ongoing trade and security tensions between the two global powers. According to China’s Ministry of Commerce, the measures are…
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Economy
74% of Central Banks Expect Decline in Dollar Share of Global Reserves
DID Press: A new international survey of reserve managers indicates that around 74% of central banks expect the US dollar’s share in global foreign exchange reserves to decline over the next five years, reflecting a broader shift in global financial…
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Economy
Why US Light Oil Cannot Replace Middle East Crude
DID Press: Energy experts say U.S. light crude oil cannot replace heavier Middle Eastern crude due to structural and chemical limitations that restrict its ability to meet global demand for refined fuels. According to leading analysts, including petroleum geologist Art…
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Economy
Argentina Records Highest Inflation Among G20 Economies, China Lowest
DID Press: Argentina has posted the highest inflation rate among G20 economies in 2026, highlighting continued price pressures across several major emerging markets, while China recorded the lowest inflation rate in the group. According to the latest figures, Argentina registered…
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Economy
Iran War Drives $60B Cost Burden on US Consumers
DID Press: A new report by Middle East magazine says the economic consequences of the war involving the United States, Israel, and Iran have placed significant financial pressure on American consumers, with energy-related costs accounting for tens of billions of…
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Economy
WEF Survey Warns of Global Recession and Inflation Risks
DID Press: A new survey by the World Economic Forum shows that leading global economists are increasingly pessimistic about the outlook for the world economy, warning of weaker growth and persistent inflation amid rising geopolitical tensions. According to the report,…
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Economy & Development
Putin: Russia–China Trade Is Now Conducted in Ruble and Yuan
DID Press: Russian President Vladimir Putin says that nearly all financial transactions between Moscow and Beijing are now conducted in rubles and yuan, reflecting deeper economic integration and reduced reliance on Western financial systems. Putin stated that bilateral trade between…
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Economy
Former Pakistani Diplomat Warns US Stance May Derail Iran Talks
DID Press: Asif Durrani has sharply criticized the policies of the Trump administration toward Iran, warning that Washington’s current approach is pushing negotiations toward failure. Durrani said the United States cannot demand that Iran dismantle its nuclear program while simultaneously…
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Economy
IMF Warns Middle East Conflict May Hit Global Economy
DID Press: International Monetary Fund (IMF) has warned that ongoing war and tensions in the Middle East could significantly slow global economic growth and expose the world economy to serious risks. According to the IMF’s latest assessment, escalating conflicts in…
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Economy
China Calls for Immediate Truce, Urges US-Israel to Return to Dialogue
DID Press: Beijing issued an official statement expressing concern over escalating tensions in the Middle East and called for an immediate halt to any military action against Iran. The Chinese Ministry of Foreign Affairs emphasized that continued hostilities could have…
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