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Africa’s Chinese Trade Tie-Up

Global Finance

But overlending—and US initiatives to extend its security and investment footprint—are challenging its position. Angola now owes China approximately $20 billion, mostly on energy and transportation projects. China continues to dominate trade with the continent. billion, up 1.5% Ethiopia’s debt to China stands at around $13.5

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Growth And Restructuring: Q&A With Mongolia’s Central Bank Governor Byadran Lkhagvasuren

Global Finance

Byadran Lkhagvasuren, governor of the Bank of Mongolia, speaks to Global Finance about the country’s growth prospects and its pursuit of sustainable economic development. Global Finance: What is Mongolia’s economic growth outlook for 2024-2025? Byadran Lkhagvasuren: The Mongolian economy grew by 5.6%

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Private-Sector Job Openings Remain High Despite Falling in October

CFO News Room

The industries with the highest openings are education and health care (2.172 million), professional and business services (1.794 million), trade, transportation, and utilities (1.644 million), and leisure and hospitality (1.578 million). Bob has a MA in economics from Fordham University and a BS in business from Lehigh University.

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Good Intentions, Perverse Outcomes: The Impact of Impact Investing!

Musings on Markets

In response, I have been told that the problem is not with the idea of ESG, but in its measurement and application, and that impact investing is the solution to both market and society's problems. It is human nature to want to make the world a better place, but does impact investing have the impact that it aims to create?

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COP29: Aliyev’s Moment In The Spotlight

Global Finance

COP29 follows a spell of good economic news for Azerbaijan. Fitch upgraded the country’s sovereign rating to investment grade in July, to BBB- from BB+, with a stable outlook, and upgraded several Azeri commercial and banking entities, including SOCAR and ABB, the International Bank of Azerbaijan. of GDP in 2024. of export earnings.

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Manufacturing-Sector Contracts Again in December

CFO News Room

According to the report, “Of the six largest manufacturing sectors, only Transportation Equipment reported increased new orders.”. Economic risks remain elevated due to the impact of inflation, an aggressive Fed tightening cycle, continued fallout from the Russian invasion of Ukraine, and waves of new Covid-19 cases in China.

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SoftBank To Invest In Indonesia’s Sustainable City

PYMNTS

SoftBank Chief Executive and Founder Masayoshi Son wants to invest in the building of a $34 billion smart capital in Indonesia that would focus on renewable resources, according to a report by Bloomberg. The relocation has been fast-tracked by the president amid economic concerns. 10) and said he wanted to be part of the project.