SYDNEY: Three years after steep Chinese tariffs halted imports of Australian barley as tensions between the two countries ratcheted higher, the grain is once again flowing freely.

BEIJING: President Xi Jinping said Sunday the Chinese economy had grown “more resilient and dynamic” in 2023, despite financial figures continuing to disappoint as the post-COVID recovery stalls.

WASHINGTON: The great inflation scare of the post-pandemic era has been driven by a series of adverse shocks over the past four years. After collapsing at the beginning of the pandemic in early 2020, global inflation started to pick up later in the year as demand bounced back, supply bottlenecks tightened, and oil prices rebounded.

BUENOS AIRES: Argentine President Javier Milei has sent letters to BRICS leaders to formalize his decision to reject an invitation to join the grouping of major emerging economies, the presidency said.

CONAKRY, Guinea: Almost two weeks after a huge fire in Guinea’s main fuel depot brought death and destruction, anger is growing as the economy is reeling, with inflation rising, petrol rationed and no trucks moving merchandise.

KUWAIT: Seeking to enhance customer banking experience with top-notch offers and rewards, National Bank of Kuwait (NBK) has announced an exclusive partnership with X-cite by Alghanim Electronics, subsidiary of Alghanim Industries (Kutayba Alghanim Group), to provide NBK KWT Visa Infinite credit cardholders with exclusive offers that meet their expectations.

KUWAIT, Dec 28 (KUNA) -- The exchange rate of the US dollar against the Kuwaiti dinar went down by 0.13 percent to reach KD 0.306 on Thursday, while the euro increased by 0.53 percent to reach KD 0.340 compared to Wednesday's rates.

RIYADH, Dec 28 (KUNA) -- GCC Secretary Jassem Al-Budaiwi on Thursday said the freshly-crafted free trade agreement between the Gulf Cooperation Council and the Republic of South Korea would lead to boosting commercial exchanges between the two sides.

LONDON: British Prime Minister Rishi Sunak has hailed a deal with the European Union to delay post-Brexit tariffs on electric vehicle sales that were due to kick in from January.