The Development Minister of Germany Gerd Mueller announced on Sunday that he is seeking a way to attract more private fund investment to Africa. The announcement comes at a time when Chinese government is investing heavily in Africa.
It was announced by Reuters on Sunday that Germany is preparing to unveil a new initiative at the next week's UN climate talks.
Delegates from 200 nation started two weeks of talks aimed to tackle political divisions at the UN meeting over global warming.
Saudis and non-OPEC producer Colombia announced plans to strengthen energy cooperation, the Energy Minister of Saudi Arabia Khalid al-Falih stated.
The US President Donald Trump stated that he is set to meet North Korea's leader Kim Jong Un in January or February, adding that three sites for the meeting were under consideration.
Proposed changes to the way Egypt taxes profits of banks is likely to encourage lenders to step up credit to the private sector and push yields over Treasury debt.
The US President Donald Trump stated that he is set to give formal notice to the Congress in the near future to terminate the NAFTA, giving to lawmakers six months to approve new trade deal.
South Korea's incoming Finance Minister stated that the economy was losing momentum, as any improvement in income distribution and jobs would be difficult to achieve in the nearest future.
Olaf Scholz, the Finance Minister of Germany, urged increased transparency and continued vigilance, citing the risks posed by steep unemployment in some countries and debt level.
China's output of crude oil increased 0.3% year-on-year to 16.09M tonnes in October, the NDRC stated.
The Central Bank of Hungary announced the launch of its new loan program with total worth nearly $3.5B in a bid to boost SME.
China's output of ten main non-ferrous metals grew 5.5% year-over-year in October, according to the statement.
South Korea's exports, which account for nearly half of the economy, grew 4.5% year-over-year to $51.9B in November, the report by MOTIE showed.
Eduardo Guardia, the Finance Minister of Brazil, stated that that the country's Q3 output pointed to a consistent, gradual expansion in the economy.
Italy's unemployment grew for the second month in succession, while gross domestic product declined for the first time in the Q3 since the 2014 second quarter, the ISTAT reported.
China's industrial robot production increased 8.7% year-over-year in the first 10 months of this year, weaker than the 9.3% increase for the January-September period, official data revealed.
Greece's total private debt soared to $257B in the year of 2018, exceeding the country's gross domestic product forecast for the next year, the report showed.
China's total exports and imports in the period from January to the middle of November in 2018 surpassed the 2017 whole trade volume, customs data revealed.
China's automaker BAIC Motor is likely to recall about 70K electric vehicles amid brake booster flaws, the country's market regulator stated.
]The value of Hong Kong's total retail sales rose 5.9% to $5.1B in October over the same period in the prior year, statistics revealed.
Belarus decreased export duties on petroleum products and oil exported outside the Eurasian Economic Union starting from December.
Taiwan announced that it trimmed the economic growth forecasts for 2018, 2019 due to slower global expansion, expecting gross domestic product to grow 2.66% this year.
On Saturday, the White House stated that the United States and China have come to an agreement to halt the additional tariffs for 90 days, as both countries are engaged in the new trade talks, aiming to reach the agreement during that period.
The Crown Prince of Saudi Arabia, Mohammed bin Salman, is planning a visit to Algeria on Sunday after Argentina's G20 summit, resuming his tour of the Arab countries, Algeria's state news outlet APS reported.