EconomyMacao

Oil, stocks plummet in Asia and Europe as new variant emerges

Markets in Asia and Europe as well as oil prices plunged while safe havens rallied on Friday over fears of a new coronavirus variant that scientists warn could be more infectious than Delta and more resistant to vaccines, potentially dealing a heavy blow to the global…
EconomyMozambique

Mozambique expected to register a 2% GDP growth

Oxford Economics Africa consultants will revise the Mozambique economic growth forecast to around 2% due to the 3.3% expansion in the third quarter, the highest recorded since the pandemic “After a slow start to the year, the economy gained traction in the second…
Economy

China overtakes US as EU's biggest trading partner

China last year overtook the United States as the EU’s biggest trading partner, the EU statistics agency Eurostat said on Monday. Britain meanwhile, which is no longer part of the European Union, was the third-largest trading partner for the bloc, behind China and…