China and Nicaragua have successfully concluded their substantial negotiations on a free trade agreement (FTA), as revealed by China’s Ministry of Commerce (MOFCOM). During an official video conference, China’s Commerce Minister Wang Wentao and Nicaragua’s Minister of Development, Industry, and Trade, Jesus Bermudez, made the key announcement. This FTA is anticipated to be signed in […]
Related Posts
Embraer Earns Investment-Grade Status
Standard & Poor’s (S&P) has raised Embraer’s credit rating to BBB-, advancing it to investment grade. This shift reflects the company’s financial improvements and growth outlook. Embraer, a key player in aerospace, now enjoys a stable future, according to S&P’s analysis. This move by S&P underscores Embraer’s success in boosting cash flow, enhancing aircraft delivery […]
Bolivia’s Navy Without a Sea
Bolivia is unique for having a sizable navy despite being landlocked and bordered by countries but with no ocean. The nearest coast is beyond its borders, and it’s been centuries since it had direct ocean access. Yet, Bolivia’s navy, with 173 ships, stands as the world’s 19th largest, even surpassing Brazil’s. It ranks third in […]
Oil Hits Four-Month High Amid Chinese Demand Signals and Supply Risks
Oil prices closed higher on Monday, buoyed by bullish factors from both the demand and supply sides. Strong economic data from China sparked optimism about the consumption patterns of the world’s largest commodity importer. Meanwhile, restrictions on Iraqi exports and tensions between Russia and Ukraine heightened concerns about potential oil supply constraints. On the New […]