Cs news

China tightens rare earth export controls, targets defence, semiconductor users

China tightens rare earth export controls, targets defence, semiconductor users

BEIJING (Reuters) -China tightened its rare earth export controls on Thursday, expanding restrictions on processing technology, unauthorised overseas cooperation and spelling out its intention to limit exports to overseas defence and semiconductor users. Exports of technology used to mine and process rare earths or make the associated magnets is barred without permission, the Ministry of…

Read More
IMF chief on global economy

‘Better than feared, but worse than needed’: IMF chief says world economy resilient but risks persist – World News

The world economy has proven more resilient than expected despite acute strains from multiple shocks, the head of the International Monetary Fund said on Wednesday, forecasting only a slight slowing of global growth this year and in 2026. IMF Managing Director Kristalina Georgieva said recent economic data showed a softening in the U.S. economy, but…

Read More