The latest news
latest news in economy
China's Trade Surplus Hits Record $1.2 Trillion as Exporters Pivot to Emerging Markets
Beijing, Wednesday, 14 January 2026.
On January 14, 2026, China reported a historic trade surplus of $1.19 trillion for 2025, demonstrating remarkable resilience against geopolitical headwinds. Despite a 20% decline in exports to the United States amid renewed tariffs, Chinese manufacturers successfully pivoted toward alternative markets. Shipments to Africa surged by 25.8%, while exports to ASEAN nations grew by 13.4%, effectively offsetting losses in North America. The data reveals a strategic shift in global trade dynamics fueled by high-tech manufacturing; exports of semiconductors and ships rose by over 26%, while electric vehicle shipments jumped nearly 49%. However, this external success contrasts with internal challenges, as flat import data highlights continuing weakness in domestic demand and the property sector. This divergence suggests China remains the world’s dominant export engine, even as it navigates a decoupling from the U.S. economy.
latest news in companies
Saks Global Files for Bankruptcy Protection Following Struggle with Massive Acquisition Debt
New York, Wednesday, 14 January 2026.
Just a year after acquiring Neiman Marcus, the luxury giant entered Chapter 11, securing a critical $1.75 billion financing package to keep stores open while restructuring operations.
latest news in politics
Federal Prosecutors Launch Probe Into Senator Slotkin Over Military Conduct Video
Washington, Wednesday, 14 January 2026.
Federal prosecutors have launched an inquiry into Senator Elissa Slotkin over a video on illegal military orders, just days after the Pentagon moved to censure and demote Senator Mark Kelly.
latest news in global
latest news in general
New Solar Reactor Transforms CO2 into Liquid Fuel, Signaling Shift in Circular Economy
London, Tuesday, 13 January 2026.
Researchers at the University of Cambridge have unveiled a solar reactor that converts CO2 and plastic waste into sustainable liquid fuels using only sunlight. By eliminating fossil-based electricity from the process, this breakthrough offers a scalable, decentralized pathway for the circular carbon economy, potentially redefining the viability of carbon capture and utilization for global energy markets.