China solar firms launch consolidation fund to tackle overcapacity
Chinese solar panel manufacturers dominate the global landscape to the extent that, at one point, they produced twice as many panels as the global demand.
Chinese solar panel manufacturers dominate the global landscape to the extent that, at one point, they produced twice as many panels as the global demand.
The Gulf’s most-indebted nation needs to “accelerate the program of fiscal reforms” while keeping fiscal policy “tight,” said Jihad Azour, IMF Middle East and Central Asia director.
The move is a win for the UAE’s most populous emirate, which is competing fiercely with Abu Dhabi and Riyadh for global financial hub status.
New data showed that in the third quarter, non-oil trade neared 100 billion riyals ($26.7 billion) and it could cross that threshold for the first time in Q4.
Looking beyond next year, the global oil system faces a widening gap between rising demand and the slow pace of new supply additions.
The remarks by the US’ top trade official will buoy Mexican and Canadian officials, after Donald Trump suggested he may allow the deal to lapse.
Beijing designated Hainan, an island with an economy comparable to a small European nation, as a distinct customs zone.
The US' capitalism is losing its way even as other countries are moving away from suboptimal and clunky state-run economies.
Thursday’s inflation report could end up being less instructive than usual.