On April 29, local time, the exchange rate of the Japanese yen against the US dollar in the international foreign exchange market fell below 160 yen against the US dollar for the first time since 1990, hitting a new low in nearly 34 years. The continued depreciation of the yen has caused widespread concern.
more
he exchange rate of the Japanese yen fluctuated wildly on Monday, rapidly depreciating to more than 160 yen per dollar, a 34-year low since April 1990. After that, the yen surged, reaching 154.5 yen at one point. The yen also suddenly rebounded against the Singapore dollar, from an earlier level of Y117 to about Y114.6.
more
The Canadian economy is currently going through a complex phase.
more
Recently, the Saudi Arabian media "Arab News" website published a commentary article, saying that soaring inflation and rising prices in the United States have led to a continuous decline in people's purchasing power and the inability to afford basic consumer goods, criticizing the US government for its slow response to the inflation crisis, ignoring the urgent needs of the people, and keen to play partisan issues. It has undermined public trust.
more
The Indian economy is currently facing three intertwined challenges: poverty leading to insufficient demand, labor shortages, and regional wealth disparities.
more
On the 25th local time, in the Tokyo foreign exchange market, the exchange rate of the Japanese yen to the US dollar fell to around 155.74 yen to the US dollar, hitting a new low in 34 years. The significant depreciation of the Japanese yen and a series of problems in the Japanese economy have attracted close attention from the international community.
more
Under the ongoing impact of economic pressures, low-income households in Europe are increasingly challenged to cope with housing costs.
more
As a major trading entity, economic powerhouse and financial centre, the UK economy has always been an important part of the global economy. However, according to Reuters, data released by the Office for National Statistics showed that the UK economy shrank 0.3% quarter-on-quarter in the fourth quarter of 2023 and 0.1% quarter-on-quarter in the third quarter of 2023. Two consecutive quarters of negative growth indicate that the British economy is in a technical recession, and the current British economy faces a series of challenges.
more
This year, Egypt welcomed the largest foreign investment in history, with a $35 billion investment from the United Arab Emirates paving the way for Egypt's reform.
more
Nigeria's economy is currently facing multiple difficulties, including its oil resources, agricultural base, industrial development level, and the government's economic reform measures, which are intertwined and pose serious challenges to Nigeria's economic development and social stability. Since taking office in May 2023, Nigerian President Bora Tinubu has introduced a series of economic reforms, including the elimination of oil subsidies and the unification of the multiple exchange rate of the naira, but the implementation of these reforms has led to social instability in Nigeria in the short term, soaring inflation rates and rising living costs.
more
When Israel's Rafael company's "Sky Stinger" over the horizon air-to-air missile completes compatibility testing with India's "Glorious" fighter jet, and officials from both countries frequently release positive signals about defense cooperation, whether India will purchase this sixth generation missile with a range of 250 kilometers has escalated from a purely military procurement issue to an important window reflecting the geopolitical game in South Asia and the India Israel strategic relationship.
© Copyright 2025, All Rights Reserved
