Tag: Bloomberg
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Hydrocarbon Pressure Builds as China Faces Energy Disruption
China is putting pressure on Iranian officials to ensure that oil and gas shipments keep moving through the Strait of Hormuz, according to a report by Bloomberg. The narrow waterway transports the vast bulk of Middle Eastern fossil fuels to ...
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India and Pakistan Are Still Arguing Over How Many Chinese Fighter Jets Were Shot Down in Last May’s War
More than five months after India and Pakistan engaged in a brief military conflict in early May, the two countries are still squabbling over how many of each other's fighter jets they shot down. The issue resurfaced last week when a ...
Fact-Checking International Media Coverage of Biden’s Africa Tour
Joe Biden wrapped up a three-day trip to Cabo Verde and Angola this week, marking the first visit by a sitting U.S. President to Africa in almost ten years. Although Biden sought to lay out an expansive vision for U.S. foreign ...
Could India Outgrow China During This Decade?
While India’s $3.5 trillion economy is still overshadowed by China’s $17.8 trillion giant, it could equal its neighbor in purchasing power parity by the end of the decade, according to calculations by Bloomberg. However, this would depend on boosting infrastructure and skills, setting up more factories, and ...
Argentina’s President Sounds a Lot More Pragmatic About China Than He Did Last Year
Argentina's President Javier Milei provided new clarity on his government's approach to managing ties with China, which were thrown into confusion when he came to power last year. Milei broke with his predecessors who fostered close, cordial ties with Beijing. That ...
Fire and smoke rise in the Fujairah oil industry zone, caused by debris after interception of a drone by air defenses, according to the Fujairah media office, amid the U.S.-Israel conflict with Iran, in Fujairah, United Arab Emirates, March 4, 2026. REUTERS/Amr Alfiky
By Anna Hirtenstein and Kate Abnett The energy shock from the Iran war has policymakers around the globe rethinking ways to reduce long-term dependence on oil and gas imports, with proposals to expand nuclear energy and renewables, grow strategic stockpiles and domestic production, and diversify ...
Hydrocarbon Pressure Builds as China Faces Energy Disruption
China is putting pressure on Iranian officials to ensure that oil and gas shipments keep moving through the Strait of Hormuz, according to a report by Bloomberg. The narrow waterway transports the vast bulk of Middle Eastern fossil fuels to ...
India and Pakistan Are Still Arguing Over How Many Chinese Fighter Jets Were Shot Down in Last May’s War
More than five months after India and Pakistan engaged in a brief military conflict in early May, the two countries are still squabbling over how many of each other's fighter jets they shot down. The issue resurfaced last week when a ...
Fact-Checking International Media Coverage of Biden’s Africa Tour
Joe Biden wrapped up a three-day trip to Cabo Verde and Angola this week, marking the first visit by a sitting U.S. President to Africa in almost ten years. Although Biden sought to lay out an expansive vision for U.S. foreign ...
Could India Outgrow China During This Decade?
While India’s $3.5 trillion economy is still overshadowed by China’s $17.8 trillion giant, it could equal its neighbor in purchasing power parity by the end of the decade, according to calculations by Bloomberg. However, this would depend on boosting infrastructure and skills, setting up more factories, and ...
Argentina’s President Sounds a Lot More Pragmatic About China Than He Did Last Year
Argentina's President Javier Milei provided new clarity on his government's approach to managing ties with China, which were thrown into confusion when he came to power last year. Milei broke with his predecessors who fostered close, cordial ties with Beijing. That ...
Investors Celebrate Zambia’s Debt Deal With China by Snapping Up Government Bonds
Zambian bonds traded at their highest levels in 18 months on Monday following news that Lusaka reached a debt deal last week with official Chinese creditors. “China agreeing on terms means that we can get on with the private-creditor restructuring,” Sam ...
The U.S. Response to China’s Dominance of African Critical Minerals
Bloomberg correspondent Matthew Hill hosts a compelling eight minute mini-documentary on how the United States is now starting to mount a response to China's dominance of certain sectors of Africa's critical minerals supply chain.
Africa’s First Non-Chinese Lithium Operation Gearing Up in Ghana
Ghana is becoming a test case in the United States’ drive to find critical mineral supplies that sideline Chinese mining and refining operations. Australia’s Atlantic Lithium is building the Ewoyaa mine in Ghana. Half of the mine’s output will go to a ...
A Debt Deal for Sri Lanka Without China?
Some members of Sri Lanka’s creditor committee are reportedly promoting an agreement to restructure the bankrupt country’s debt without China. According to a report by Bloomberg, the United States, Japan and India are pushing for a deal with Sri Lanka ...
Zambia’s Creditors to Reconvene in May, Amid Growing Global Debt Concern
Bloomberg reports that Zambia’s official creditor committee, which is co-led by China, has reportedly made progress in meetings this week, which will lead to them reconvening for a follow-up session next month. The next meeting could see them signing a memorandum ...
IMF, World Bank Losing Patience With China Over Debt Relief Standoff
China's ongoing stand-off with multilateral lenders over debt relief terms for developing countries will be a prominent issue at International Monetary Fund and World Bank's annual week-long gathering known as the Spring Meetings that get underway on Monday in Washington, D.C. ...
China Not to Blame for Debt Crisis in Developing Countries, Say a Chorus of Chinese Spokespeople in Beijing
Don't blame us, blame them emerged as a sort of chorus among various Chinese spokespeople in Beijing in recent days. They're all pushing back against accusations that Beijing is the cause of the worsening debt crisis in Africa, Asia and other Global South regions.