Taliban declares China is ‘main partner’ in rebuilding Afghanistan

Middle East 09/03/21, 19:30

An Afghan militant group confirmed Beijing will be its "principal partner" in the strongest indication yet of formal diplomatic relations on Sept. 1. "China will be our main partner and represents a great opportunity for us, because it is ready to invest in our country and support reconstruction efforts," Taliban spokesman ...

World Bank maintains US forecast, downgrades global growth amid trade war

Business 06/05/19, 05:35

The World Bank has kept its economic growth forecast for the United States unchanged, though it downgraded the outlook for the global economy amid trade conflicts and rising government debts. In the report “Global Economic Prospects: Heightened Tensions, Subdued Investment” released on June 4, the World Bank forecast the United States ...

Top IMF official warns global economy facing various threats

Business 04/11/19, 10:49

The head of the 189-nation International Monetary Fund says the world is facing a time of high uncertainty with 70 percent of the global economy caught in a growth slowdown that could be worsened by self-inflicted wounds such as unnecessary trade battles. IMF Managing Director Christine Lagarde says that while her ...

Source: Trump to tap critic of agency to lead World Bank

Business 02/05/19, 08:25

President Donald Trump plans to nominate David Malpass, a Trump administration critic of the World Bank, to lead the institution. That's according to a senior administration official who spoke on condition of anonymity because the official wasn't authorized to comment publicly on personnel decisions. Trump is expected to make an announcement later ...

The tobacco industry plays price games to make it even tougher to quit smoking

News 11/09/18, 03:21

It is thought about two in three smokers want to kick their deadly habit, and with good reason – the same proportion of them are believed to die prematurely because of smoking. Around the world, the habit kills more than 6m people a year. Yet quitting is notoriously difficult. Smoking tobacco is an addictive habit that the UK ...

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