The US government has requested China to leverage its influence over Iran in curbing the Houthi rebel attacks in Yemen. This appeal, aimed at protecting shipping in the Red Sea, was made during a meeting between China’s Foreign Minister Wang Yi and US National Security Advisor Jake Sullivan in Thailand. Despite Beijing’s claim of addressing […]
Related Posts
Global Funds Flock to Chinese Stocks as Government Stimulus Ignites Market Rally
The Chinese government’s recent economic stimulus announcement has sparked a dramatic shift in the global investment landscape. This move has reignited interest in Chinese stocks, previously considered a lost cause by many investors. The Shanghai index surged 20% in less than 20 days, exhausting brokers in what they called a “once-in-a-century” event. This rare occurrence […]
Palmeiras Overcomes Injury to Claim Crucial Libertadores Win
On Wednesday night at Allianz Parque, Palmeiras edged past Independiente del Valle, winning 2-1 and advancing to the Copa Libertadores knockout stages. Richard Ríos and Gustavo Gómez scored crucial goals from a free-kick and a penalty, respectively. Meanwhile, Lautaro Díaz netted one for the visitors. This triumph places Palmeiras at the forefront of Group F […]
Brazil Ups Infrastructure Spending to $4.1 Billion
Brazil’s BNDES is set to invest $4.1 billion in infrastructure this year, representing a 66% increase from 2022. The primary funding method is buying local company debt. Deputy Director Felipe Borim Villen aims to attract private investors to infrastructure bonds. This will increase the bank’s financial reach. So far, BNDES has allocated as much infrastructure […]