China’s exports growth slowed more than expected in January to February, rising only 2.3% in U.S. dollar terms, while imports plunged by 8.4%, marking the sharpest fall since July 2023. The slowdown is attributed to lackluster domestic demand and U.S. tariffs, with Chinese exporters front-loading shipments in anticipation of further levies, leading to a 2.4% decline in total trade values. Despite setting an ambitious growth target, Chinese leadership acknowledges weak domestic demand and adjusts the inflation target to the lowest level in decades.
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Israeli strikes in Yemen’s capital kill two, Huthis say
Israel conducted airstrikes on Yemen's capital, Sanaa, killing at least two people and injuring 35, targeting Huthi military sites in response to their missile and drone attacks on Israel amid the ongoing Gaza conflict. The strikes hit various locations, including a municipal building and power stations, as the Huthis vowed to continue their campaign against Israeli interests. Want More Context? 🔎
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