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Study says global economy is in steepest slowdown after a post-recession recovery since 1970
The world may be edging toward a global recession as central banks simultaneously raise interest rates to combat persistent inflation, the World Bank has warned.
The three largest economies, – the US, China and the eurozone – have been slowing sharply, and even a “moderate hit to the global economy over the next year could tip it into recession”, the bank said in a study.
The discordant messages of China’s president, Xi Jinping, and President Vladimir V. Putin of Russia suggested that despite an earlier pledge of “friendship,” Moscow does not have an unconditional ally in Beijing.
While some people continue to downplay the fetishization, emasculation and overall racism Asians face in the US, if you're Asian, you know exactly how common and real it is — es ...
While some people continue to downplay the fetishization, emasculation and overall racism Asians face in the US, if you're Asian, you know exactly how common and real it is — es ...
The move, which is bound to heighten tensions with Beijing, reflects growing unease about China’s ability to access the personal information that Americans hand over to mobile apps and other services.
Asian stock markets have followed Wall Street lower after higher-than-expected U.S. inflation dashed hopes the Federal Reserve might ease off more interest rate hikes. Shanghai, Tokyo, Hong Kong and S ...
Wang Qishan to be at service despite banning of Conservative MPs due to complaints about Chinese repression
The Chinese vice-president, Wang Qishan, is to attend the Queen’s funeral in a move that has prompted complaints from a group of British Conservative MPs that have been due to their campaigns against Chinese repression.
Wang will be the most senior Asian political leader to attend the service at Westminster Abbey and among the representatives of authoritarian states, a grouping that also includes Abdel Fatah al-Sisi, the president of Egypt. The Saudi crown prince, Mohammed bin Salman, is expected to lead a delegation to London, although his attendance at the funeral has not yet been confirmed.
Vladimir Putin has praised China's leader for what he said was a 'balanced' position on the Ukraine conflict. The pair's meeting comes just days after a lightning rout of Russian forces in north-eastern Ukraine. Xi did not mention Ukraine in his public remarks.
particularly Asian American women, continues to struggle with workplace promotions. Researchers found an earnings gap that is correlated with underrepresentation at higher manager levels. They found ...
Russian leader seems keen to curry favour with Chinese president as battlefield setbacks and sanctions bite
Vladimir Putin has told Xi Jinping that he understands China’s “questions and concerns” about the war in Ukraine, in a rare nod to tensions between the two states caused by the Russian invasion.
The remarks came as Xi and Putin met on Thursday for the first time since the war began, at a summit in Uzbekistan where the Russian president was expected to court the Chinese leader personally as an ally in his conflict with the west.
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In its response to the legal proceedings launched by the EU over the Northern Ireland protocol (see , the UK government has said that it has unilaterally decided to continue suspending border checks on farm produce and other goods entering NI from Great Britain, my colleague Lisa O’Carroll reports.
The European Union is considering its next steps after receiving the UK’s response to , PA Media reports. PA says:
Despite politics as normal being paused while the nation mourns the Queen’s death, the government responded to the action ahead of today’s deadline.
The bloc had requested a response to its raft of infringement proceedings over the UK’s failure to comply with the rules before the end of the day.