Trump's first term brought a mercantilist approach to US foreign policy, marked by sporadic engagement with Africa. His administration frequently cast China's presence on the continent in a negative ...
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In June 2024, the US dollar remained the primary borrowing currency, constituting $101.2bn (66.2%) of the debt, followed by the euro at $18.4bn. Other major currencies included: Special Drawing Rights ...
Amid this “second awakening” in the words of some locals, Africa has a true friend in the Global South: China. Chinese Foreign Minister Wang Yi’s visit to four African countries at the ...
Disclosure: Your support helps keep Commodity.com running! We earn a referral fee for some brokers & services we list on this page. Learn more... In this guide to South Africa’s National Debt, we ...
Rogoff stressed the need for a new debt relief initiative, particularly in the wake of the 1990s’ Heavily Indebted Poor Countries (HIPC) initiative. However, he also pointed out that debt write-downs ...
The threat of economic sanctions against Brazil, Russia, India, China and South Africa (BRICS) member states and associates by President-elect, Donald Trump, comes amid controversies around what his ...