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Euro nearing five-year low stoking recession fears

The euro is within reach of five-year lows and seems increasingly will approach dollar-euro parity Rome, Italy | Xinhua | The euro has continued to weaken against the U.S. dollar, approaching its lowest level in five years, due mainly to the crisis in Ukraine and the sluggish economic growth in Europe. …

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India to take a decade to overcome COVID-19 pandemic losses

Mumbai, India | Xinhua | India will take over a decade, or around 15 years, to overcome the losses incurred during the COVID-19 pandemic despite its economic growth rebounding from a low-base, the country’s central bank said in a report on Friday. The monetary losses estimated by the Reserve Bank …

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UNICEF, WHO warn of larger measles outbreaks as cases spike

United Nations | Xinhua | Measles cases spiked around the world in the first two months of 2022, triggering worries about even larger outbreaks, the UN Children’s Fund (UNICEF) and the World Health Organization (WHO) warned Wednesday. Almost 17,338 measles cases were reported worldwide in January and February 2022, compared with …

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UNWTO confirms Russia’s intention to withdraw

Madrid, Spain | Xinhua | The World Tourism Organization (UNWTO) confirmed on Wednesday that Russia had announced its intention to withdraw from the organization. “Russia has announced its intention to withdraw from UNWTO,” explained the UNWTO in a tweet, adding that nevertheless Russia must “follow due process – and this will …

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