Economy

China calls on banks to limit exposure to US debt

China has urged banks to limit holdings of US Treasuries amid market volatility and rising risk concerns, according to Bloomberg

EU needs to wean itself off Visa and Mastercard

The head of an EU bank consortium has urged the bloc to reduce its dependence on US payment systems Visa and Mastercard

How China is edging out the US in this big market

In 2025, China announced the elimination of tariffs on all imports for 53 African nations

More Indian workers expected in Russia

Over 70,000 Indians are working in Russia at the moment, Russian Ambassador in New Delhi Denis Alipov has told TASS

Cuba warns of jet fuel crisis

Cuban aviation authorities have warned international carriers about a lack of aircraft fuel in the country amid a US energy blockade

Russian Scientists Complete Major Study of African Waters

Russian scientists have concluded a two-year African coastal survey to study fish stocks