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Apple also faces challenges from domestic smartphone makers in China such as Huawei and Xiaomi, which have grabbed more market share.

As Amazon’s distribution network has grown, so too has its shipping costs. Amazon spent .7 billion on shipping in 2018, an increase of billion or roughly 27.6 percent over the prior year, according to GeekWire research. Amazon spent more on shipping alone last year than Starbucks, another Seattle mainstay, reported in revenue for all of 2018.

Aripov said China is a vital partner for Uzbekistan. His country will work with China to strengthen cooperation in fields such as transport infrastructure and hydropower. Uzbekistan highly values the constructive role China has played in building the Shanghai Cooperation Organization and is willing to boost exchanges under this framework, he added.

Argentine bond prices, which were hammered last year, have wobbled recently as investors waited on signs from the IMF about its stance, likely to be influential in how Argentina goes about its debt-restructuring plans.

Arkebe Oqubay, a minister and special advisor to Ethiopian Prime Minister Abiy Ahmed Ali, made the remarks at the launching ceremony of his new book at the Rabat-based think-tank Policy Center for the New South.