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The IMF reports that global debt dropped for the second year in 2022, yet, it remains higher than before the pandemic. In 2022, this debt equaled 238% of the world’s GDP. That’s a 9% rise from 2019 levels. The debt total reached US$235 trillion in the same year. Many governments increased their spending. They aimed […]
China is strengthening its nuclear cooperation with Pakistan to establish itself as a major global nuclear power market player. Despite previous challenges in Pakistan’s power sector, China aims to build a track record in nuclear power plant construction to enter more lucrative markets in the future. The recently signed US$4.8 billion deal involves the construction […]
