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global economy
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- 1US and China agree major trade framework cutting deficit in halfβUS, China strike major trade framework as trade deficit cut in half
The United States and China have reached a major trade framework that reportedly cuts the US trade deficit with China in half. The announcement marks a significant step in easing tensions between the world's two largest economies. The exact terms of the agreement and how the deficit reduction will be achieved have not yet been detailed, and reactions from businesses and lawmakers are still coming in.
- 2China Faces Glut of Homes and Weak Consumer SpendingβToo Many Homes, Too Little Spending: Inside Chinaβs Deepening Housing and Consumption Divide
China's property market is saddled with an oversupply of unsold homes while household consumption remains weak, deepening an imbalance between housing and spending, according to a report on the country's widening economic divide. Analysts say the glut of empty apartments reflects years of overbuilding, and that cautious consumers are holding back on purchases, weighing on a recovery that Beijing is struggling to stimulate.
- 3African Development Bank unveils $5.1bn crisis response facilityβΌAfDB crisis response framework: up to $5.1bn for energy and fertiliser shocks
The African Development Bank has announced a crisis response framework making up to $5.1 billion available to help African countries cope with energy and fertiliser price shocks. The facility is aimed at cushioning economies hit by supply disruptions and rising costs of fuel and agricultural inputs, supporting food security and energy access across the continent.
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The United States and China have reached an agreement to ease trade barriers between the two countries. The deal signals a possible reduction in tariffs and other restrictions that have weighed on bilateral commerce in recent years. Details of the agreement, including which barriers will be rolled back and on what timeline, have not yet been made fully public, and businesses on both sides are watching closely for what it means for supply chains and prices.
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A Deutsche Welle analysis examines Saudi Arabia's outsized role in the global economy, pointing to its position as the world's largest crude oil exporter and the influence that gives Riyadh over energy prices, inflation and growth prospects worldwide. The piece highlights how the kingdom's production decisions, its Vision 2030 investment agenda and its ties with major economies shape markets far beyond the Gulf region.
- 6ASML warns Europe risks falling behind in chipsβASML said it isnβt selling chipmaking machines in Europe, warning the region risks falling behind the US, China and Indi
ASML says it is not selling its chipmaking machines in Europe, warning that the region risks falling behind the United States, China and India in semiconductor manufacturing. The statement from the Dutch equipment maker is drawing attention to Europe's limited role in advanced chip production and growing competition among major economies to secure semiconductor capacity.
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New reporting highlights the leading markets for industrial robot installations in 2025, ranking countries by the volume of new robots deployed in factories and other industrial settings. The rankings point to continued strong global demand for factory automation, with major manufacturing economies expected to dominate new installations this year.
- 8Could Central and Eastern Europe Present Itself as One Economy?βOPINION: Could Central and Eastern Europe Present Itself as One Economy?
A Kyiv Post opinion piece asks whether Central and Eastern Europe could market itself internationally as a single, unified economy. The article weighs the region's economic integration prospects, building on EU membership of many states in the area and growing cooperation in trade and investment. The argument invites debate over whether a common regional identity could attract investors and strengthen the region's global standing.
- 9US 10-year Treasury Yield Tops 5%βπ UPDATE US Treasury Yields Enter 5% Era US 10-year Treasury yield trading around 5.18% and 30-year near 5%, highlightin
US Treasury yields have moved into the 5% range, with the 10-year yield trading around 5.18% and the 30-year close to 5%. The rise in borrowing costs is drawing attention to knock-on effects for emerging markets, with India among the economies seen as exposed to capital outflows and pressure on currencies and debt.