Daniel Ritort

China becomes world’s largest trading country

Chinese exports ready for shipping

Chinese exports ready for shipping

China has claimed that it is very likely that it overtook the United States as the world’s top trading nation, a title the United States has held for decades.

According to the latest data, China’s total trade grew at an annual rate of 7.6% to $4.16tn last year.

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Japan to pledge $14bn to Africa

Shinzo Abe in Muscat

Shinzo Abe in Muscat

Shinzo Abe, Prime Minister of Japan, is expected to pledge more than $14bn in aid and trade deals during his week-long visit to Africa.

Abe’s first stop is Oman, before he visits three fast-growing economies: Ethiopia, Ivory Coast and Mozambique. He is hoping to secure energy resources and increase exports.

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35.2 million passengers sets new record at Barcelona airport in 2013

Barcelona's El Prat airport

Barcelona’s El Prat airport

Barcelona’s El Prat Airport has ended 2013 strongly to reach a new record of 35.2 million passengers, amounting to a 0.2% increase over the previous year.

Girona Airport, the second largest in Catalonia, has registered negative figures for the fifth consecutive year.

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Euro zone inflation falls to 0.8%

Shopping in Euros

Shopping in Euros

Official figures have shown that euro zone‘s inflation rate fell to 0.8% in December, down from 0.9% in November.

The Eurostat estimate shows the inflation rate moving further away from the European Central Bank‘s (ECB) target of just below 2%.

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Boeing sets new orders and deliveries record on 2013

Boeing headquarters in Chicago

Boeing headquarters in Chicago

The plane manufacturer delivered 648 commercial planes last year and had a backlog of 5,080 unfulfilled orders, both company records.

The figures mean it is likely to have beaten rival Airbus which will reveal its 2013 orders on 13 January.

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Cubans surprised at new foreign-made car prices

Car selling point in Cuba

Car selling point in Cuba

Cubans have reacted with shock after foreign-made cars went on sale for the first time since the 1959 revolution at what some termed “crazy” prices.

A Peugeot 508 is listed at $262,000, while a consumer in Catalonia can buy it from $29,000. State salaries in Cuba average about $20 a month.

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Catalan President calls on EU leaders for referendum support

Artur Mas, President of Catalonia

Artur Mas, President of Catalonia

There has been a new move by the Catalan Government to internationalize the political process initiated in Catalonia.

The Catalan President tries to get international support to hold a referendum on independence in 2014.

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Spain takes part in Panama canal expansion dispute

Ships in Panama canal

Ships in Panama canal

Work began on the expansion of the shipping hub in 2009, but it has gone over-budget by $1.6bn.

The group behind the project, led by Spain’s Sacyr, has threatened to halt work unless the extra money is paid.

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Fiat to buy remaining stake in Chrysler

Chrysler assembly factory in Detroit

Chrysler assembly factory in Detroit

The Italian carmaker Fiat has announced it has reached an agreement to buy the remaining 41% of Chrysler it does not own.

Shares in Italian car giant Fiat have jumped more than 15% today, after the announcement was made late yesterday.

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Debt-laden Greece assumes EU presidency

Greek policeman in Syntagma square

Greek policeman in Syntagma square

Greece has taken today the rotating presidency of the European Union. The bailed out country will now lead the bloc for six months.

Evangelos Venizelos, Foreign Minister of Greece, hopes European Union stewardship will show Greece is on the mend to boost its euro zone credentials.

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