economic
Morocco’s central bank explores digital currency for cross-border payments
Morocco’s central bank, Bank Al-Maghrib, is actively exploring the implementation of a central bank digital currency (CBDC) to enhance peer-to-peer and cross-border payment...
QncNews3 months Ago
Mongolian Prime Minister Zandanshatar Gombojav Appoints New Cabinet Amid Economic Reforms and Protests
Mongolia witnessed a significant political shift as Gombojav Zandanshatar was appointed Prime Minister, succeeding Oyun-Erdene Luvsannamsrai. This change followed weeks of widespread protests...
QncNews3 months Ago
US Threatens to Restrict Mexican Flights Over Aviation Policy Disputes
The U.S. Department of Transportation (DOT) has announced potential retaliatory measures against Mexico due to recent aviation policy changes that affect U.S. airlines....
QncNews3 months Ago
House Approves Trump’s $9 Billion Cut to Public Broadcasting and Foreign Aid
The U.S. House of Representatives has approved President Donald Trump’s proposal to cut $9 billion from public broadcasting and foreign aid programs. The...
QncNews3 months Ago
Trump imposes 19% tariff on Indonesian imports; EU readies $84.1 billion in countermeasures
President Donald Trump has announced a new trade agreement with Indonesia, imposing a 19% tariff on Indonesian goods imported into the United States....
QncNews3 months Ago
Malaysia’s economy grew 4.5% year-on-year in Q2 2025, driven by strong domestic consumption and steady manufacturing
Malaysia’s economy expanded by 4.5% year-on-year in the second quarter of 2025, maintaining the growth rate from the previous quarter. This performance was...
QncNews3 months Ago
Libya’s National Oil Corporation (NOC) has initiated its first oil exploration tender since 2011
Libya’s National Oil Corporation (NOC) has initiated its first oil exploration tender since 2008, aiming to attract international companies to boost production and...
QncNews3 months Ago
Lesotho’s textile industry faces collapse as U.S. imposes 50% tariffs, threatening 40,000 jobs
Lesotho’s textile industry, a cornerstone of its economy, is facing an unprecedented crisis following the United States’ imposition of a 50% tariff on...
QncNews3 months Ago
Goldman Sachs finances $270 million affordable housing project
Goldman Sachs has committed $270 million to finance a significant affordable housing project in Brooklyn’s East New York neighborhood. This initiative, announced by...
QncNews3 months Ago
Laos and South Korea Sign Agreement to Expand Seasonal Worker Program
In July 2025, Laos and South Korea expanded their bilateral cooperation by agreeing to dispatch Lao workers to Incheon city under a seasonal...
QncNews3 months Ago
