Analysts say Beijing needs to roll out measures to stimulate greater domestic consumption amid slowing growth.
MORE FROM AUTHOR
New gov’t will have to deal with soaring inflation, increasing poverty, low forex reserves and weakening infrastructure.
Despite diverting supplies from the Suez Canal, tensions in the Red Sea have so far had a muted impact on energy prices.
US interest rates, oil prices and the Chinese economy will determine the global economy next year.
Lula also takes over at a time of bitter internal divisions in the group, legacy of outgoing president Narendra Modi.
Winner between Sérgio Massa and Javier Milei will have to deal with debt mountain, soaring inflation, worsening poverty.
Americans are feeling pinch of high interest rates, forcing them to hold off purchases of homes, cars, even groceries.
Even as US Fed raised its interest rates again on Wednesday, analysts are split if there will be another hike this year.
New targets are to roll back emissions of freight ships that burn through millions of tonnes of dirty bunker fuel.
Nauru sees rare earth metals as key to the green transition. But mining them could threaten vital marine ecosystems.