China

The United States and China have agreed to hold "intensive exchanges on balanced growth", the U.S. Treasury Department said in a statement, after two days of talks between Treasury Secretary Janet Yellen and her Chinese counterpart He Lifeng in Guangzhou.

In the latest unveiling of Forbes' prestigious billionaires list for 2024, the world witnesses a dynamic panorama of wealth distribution and economic shifts. Among the familiar names in the rankings are the brothers Kiril and Georgi Domuschievi, albeit with a notable decline in their fortunes, placing them at 1545th position. 2,781 people from 78 nations were Included in Forbes' ranking.

Some 27 billionaires made it to Forbes' Richest People in the World List this year with a combined net worth of $57.7 billion.

There were 26 people from Türkiye on the list last year with a total net worth of $52.5 billion. 

U.S. Treasury Chief Janet Yellen called on Friday for a "level playing field" between American and Chinese companies, telling officials during a visit to southern China that Beijing's industrial subsidies threatened that balance.

Türkiye's exports fell by 4.1 percent to $22.6 billion, while the annual decline in imports was 5.7 percent to $30.1 billion in March, data from the Trade Ministry has shown.

Consequently, the country's foreign trade deficit came in at $7.5 billion last month, shrinking by 10.3 percent from March 2023.

BELGRADE - Serbia's external goods trade in January-February totalled 10.55 bln euros, which is a 0.6 pct increase y-o-y, according to figures released by the national statistical office.

Goods exports were worth 4.661 bln euros, rising by 3.2 pct y-o-y, while imports totalled 5.888 bln euros, declining by 1.3 pct y-o-y.

Since U.S. Treasury Secretary Janet Yellen visited Beijing last year, the world's two biggest economies have resumed regular talks and averted major escalations in tensions.

But the countries still trade barbs on economic issues as they battle for superiority in advanced technologies and work to secure critical supply chains.

LONDON - For more than half a century, the handbook for how developing countries can grow rich hasn't changed much: Move subsistence farmers into manufacturing jobs, and then sell what they produce to the rest of the world.

The Bulgarian Institute for Computer Science, Artificial Intelligence, and Technology (INSAIT), affiliated with Sofia University "St. Kliment Ohridski", has garnered international acclaim as university students from 56 countries vie for internships at the esteemed institution.

With Safranbolu's saffron, a spice known to have several health benefits and other uses, Türkiye has become the first country in Europe to have saffron registered by the EU and the second country in the world to have spices registered by the EU.