China’s economy expanded by 4.3% in the latest quarter, reflecting resilience in manufacturing and exports despite increasing pressure from domestic economic weaknesses. While the headline growth figure appears encouraging, it has also highlighted a series of structural problems that continue to concern policymakers in Beijing. The country’s economy remains under pressure from sluggish consumer demand,...
Sri Lanka has officially regained its position as an upper middle-income economy following an updated global income classification, marking a significant milestone in the island nation’s ongoing economic recovery. The revised status reflects an improvement in the country’s gross national income (GNI) per capita after years of severe financial distress, signaling renewed optimism for policymakers,...
A potential diplomatic breakthrough between the United States and Iran could dramatically alter the economic landscape of the Middle East, with estimates suggesting that Tehran stands to gain access to hundreds of billions of dollars through sanctions relief, revived oil exports, and the release of frozen overseas assets. The proposed framework, reportedly backed by former...