Chinese economic officials have expressed confidence they can meet this year’s growth target of “around 5%” by generating 12 million new jobs and encouraging consumer spending
Category: World News
Lebanon Leans on US Dollar to Cope as Currency, Economy Tank
The Lebanese pound has lost as much as 98% in value since late 2019, and now most restaurants and many stores are demanding to be paid in dollars to bypass what’s seen as a nearly useless currency
In Britain, ‘Warm Hubs’ Emerge to Beat Soaring Energy Costs
Thousands of warm hubs have sprouted across Britain as high energy bills fuel a cost-of-living crisis
China Accuses US of Attacking Companies After Export Curbs
China has accused Washington of improperly attacking Chinese companies after genetics analysis giant BGI Group and 17 others were hit with curbs on access to U.S. technology on security or human rights grounds
Environmentalists Blame 2022 Oder River Disaster on Mining
Greenpeace environmental group says that wastewater discharge from Poland’s coal mines was most likely responsible for the 2022 massive fish die-off in the Oder River
UN Nuclear Watchdog Head to Go to Iran for High-Level Talks
The U.N. nuclear watchdog says that its director-general will travel to Tehran for high-level meetings at the invitation of Iran’s government
Scholz Asks China to Refrain From Sending Weapons to Russia
German Chancellor Olaf Scholz has called on China to refrain from sending weapons to Russia and instead use its influence to press Moscow for the withdrawal of Russian troops from Ukraine
Europe Inflation Eases Slightly but Consumer Pain Persists
Inflation has eased only slightly in the 20 countries that use the euro currency as the pain from higher costs for food and fuel persists
Finland’s Parliament Gives Final Approval for NATO Bid
Finland’s Parliament has given final approval for the Nordic country’s historic bid to join NATO
Hungary Further Delays Vote on Sweden, Finland Joining NATO
Hungary is further delaying a vote on ratifying Sweden and Finland’s NATO accession bids
Saudi, UK Ministers Agree to Study Combat Air Cooperation -Saudi Agency
Saudi and British defence ministers have agreed to study future co-operation on combat air capabilities and potential industrial projects, the Saudi state news agency reported.
China’s Manufacturing Accelerates as Economy Revives
Two surveys show China’s factory activity accelerated in February as the economy revived following the end of anti-virus controls that kept millions of people at home and disrupted travel and trade