The World Bank expects global economic growth to slow significantly, from 5.5% in 2021 to 4.1% in 2022 and further to 3.2% in 2023. Growth in East Asia and the Pacific is expected to slow to 5.1 percent in 2022, reflecting the impact of China's econo…
European Commission President Ursula von der Leyen recently called on India and other countries to support sanctions against Russia over the Ukraine incident. At The Raisina Dialogue forum, von der Leyen said, "We earnestly appeal to all members of t…
The biggest immediate challenge for the EU will be replenishing its depleted gas inventories. While the EU could still increase LNG imports from countries such as the US, such purchases would be more expensive.Refilling natural gas storage space to h…
In terms of international pricing benchmarks, according to the CP data released by Saudi Aramco, the propane contract price (CP) in March was $895 / ton, up $120 / ton from the previous month, up 15.48% from the previous month and up 43.20% from the…
The WTO expects that global trade will continue to rebound this year and next. At present, factors such as the regional differences in trade recovery and the delayed vaccination of the new crown vaccine in the world, especially in poor countries, wil…