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1. CNN: Scientists discover new species of dinosaur 2. Reuters: China unveils new trade partnership with US 3. The Guardian: US and China forge new trade deal 4. BBC: Scientists uncover previously unknown species of dinosaur 5. ABC News: US and China agree to historic trade pact 6. Wall Street Journal: US and China sign landmark trade deal 7. The New York Times: US strikes new trade deal with China 8. Bloomberg: China and US sign new trade agreement 9. CNBC: Scientists find new species of dinosaur 10. Fox News: China and US ink new trade pact
Despite U.S. tariffs, China's global trade surplus is expanding, driven by increased exports to regions beyond America. While exports to the U.S. have declined, China is strategically redirecting trade and leveraging its dominance in rare earth minerals and soybean imports to exert influence. Internally, China faces economic challenges, including a real estate downturn and deflation, but maintains control over information.
August pharmaceuticals export data for India points out that exports have grown both annually as well as monthly. Topping the charts is Laurus Labs Ltd., whose exports grew 94% year-on-year and 6% month-on-month. The export value for the month of August stood at $37.4 million. The second in the list was Divi's Laboratories Ltd, which saw a 5% year-on-year jump in exports and a 32% month-on-month increase, which came at $89 million for August.
Germany’s ZEW Economic Sentiment index rose more than expected in September, climbing from 34.7 to 37.3 against forecasts of 25.0. The improvement highlights growing optimism among financial market experts, particularly toward export-oriented sectors. However, Current Situation index deteriorated further from -68.6 to -76.4, missing expectations of -65.0.
Transneft, Russia's oil pipeline monopoly, has warned producers about potential output cuts due to Ukrainian drone attacks on key export ports and refineries. These attacks have significantly impacted Russia's refining capacity and export capabilities, leading to storage restrictions and concerns about meeting production quotas.
The government is preparing a major policy shift to boost India’s e-commerce exports by creating special Export Entities tied to online platforms. These dedicated entities will manage customs clearances, compliance paperwork and logistics, while sellers, particularly MSMEs, can focus on product development, quality and branding.
Bangladeshi businesses and economists are pressing the government to defer the graduation from the UN’s least developed country (LDC) status. They argue the government needs to consider the impacts on exports, tariffs, loans and patents.