I knew about the global economic and trade news on January
Argentine President Milei signed a decree announcing the official transformation of the National Bank of Argentina into a joint-stock company. After the restructuring, the government retains % of the shares, while % are held by the National Bank of Argentina Foundation. (China News Network)
French President Emmanuel Macron said that France is still trying to form a "blocking minority" within the European Union to prevent the EU-Mercosur free trade agreement from taking effect. (Jiemian News)
The Monetary Authority of Singapore's Securities Market Review Group announced that to boost the stock market, Singapore has launched a S$1 billion securities market development plan. At the same time, the Singapore Exchange will expedite and simplify the corporate listing process to attract more new listings. (Jiemian News)
Data released by the National Association of Realtors (NAR) showed that U.S. existing home sales in [specific month] this year, calculated on an annualized basis, reached [number] million units, marking a month-on-month decrease of [percentage]% and a year-on-year increase of [percentage]%, falling short of market expectations. (China News Service) *Note: The original text contains placeholders like [specific month], [number], and [percentage], which should be replaced with the actual figures for a complete translation.*
Saudi Aramco announced today that it has signed a definitive agreement to acquire a % stake in , one of the largest petroleum companies in the Philippines. The acquisition will proceed step by step under customary closing conditions, including necessary regulatory approvals. Upon completion of the deal, the company plans to gradually introduce its brand image, retail operations, and Valvoline lubricant products to select domestic gas stations in the Philippines. (Jiemian News)
The United Nations Development Programme (UNDP) recently released its latest assessment report on the situation in Syria, providing policy recommendations for the country's socio-economic recovery and reconstruction. The report highlights that the long-term impacts of the Syrian conflict persist. Since the outbreak of the civil war, the conflict has resulted in approximately [number] deaths and [number] disappearances in Syria. The cumulative loss in Syria's GDP is estimated at around [amount] billion USD, with the poverty rate rising from [pre-war percentage]% before the war to [current percentage]%. Three-quarters of the country's population are in urgent need of humanitarian assistance. (China News Network) *Note: The original text contains placeholders for numerical data (e.g., [number], [amount], [percentage]). For a complete translation, these should be replaced with the specific figures from the source.*
Several officials from the U.S. Federal Reserve recently stated that uncertainties surrounding the new administration's trade, immigration, and other policies are increasing the risk of inflation rebounding, which could significantly impact the Federal Reserve's monetary policy outlook. (CCTV News)