WASHINGTON, USA | Xinhua | The U.S. State Department on Wednesday announced this year’s final package of weapons and equipment to aid Ukraine, exhausting existing funding still at the Biden administration’s disposal. The arms and equipment in the package are worth up to 250 million U.S. dollars and are being …
Read More »Economic recovery steadily continues in Pakistan
ISLAMABAD, Pakistan | Xinhua | The economic recovery in Pakistan continues at a steady pace, bolstering business confidence and market sentiment, Pakistan’s Ministry of Finance said on Wednesday. “Despite significant challenges, the overall economic outlook is optimistic, marked by receding inflationary pressures, positive prospects in agriculture, signs of potential recovery …
Read More »Brazil’s financial market slightly upgrades 2024 GDP growth forecast
BRASILIA, BRAZIL | Xinhua | Brazil’s financial market maintained its 2023 economic growth forecast at 2.92 percent, but slightly upgraded the expected expansion in gross domestic product (GDP) in 2024 from 1.51 percent to 1.52 percent, the Central Bank of Brazil said Tuesday. In keeping with its latest Focus survey …
Read More »Turkish parliamentary committee okays Sweden’s NATO bid
ANKARA, TURKEY | Xinhua | The Turkish parliament’s foreign affairs committee on Tuesday approved Sweden’s NATO bid following deliberation, a first step necessary for putting it to a full parliament vote. The bill regarding the approval of Sweden’s accession protocol to NATO was adopted by the committee with votes by …
Read More »EU-China cooperation vital in face of global challenges, economist says
BRATISLAVA | Xinhua | Europe and China have common interests in several areas, such as climate, trade and technology, and the cooperation between the European Union (EU) and China is vital, a Slovakian economic expert told Xinhua in a recent interview. Juraj Sipko, former head of the Institute of Economic …
Read More »Putin signs law on tariff preference to friendly states
Moscow, Russia | XINHUA | Russian President Vladimir Putin on Monday signed a law that authorizes the government to temporarily reduce or fully eliminate export duties of certain goods to “friendly countries.” The law will empower the Russian government to lower export duties on shipments to friendly countries for a period …
Read More »Chinese Ambassador to US urges two sides to draw inspirations, wisdom from Ping-Pong Diplomacy
WASHINGTON | Xinhua | Chinese Ambassador to the United States Xie Feng has called on the two sides to draw inspirations and wisdom from their Ping-Pong Diplomacy over five decades ago. In a speech at a recent event held by the Chinese Embassy in the United States to commemorate the 52nd …
Read More »General Assembly approves UN regular budget for 2024
UNITED NATIONS, UK | Xinhua | The General Assembly has approved an annual regular budget for the United Nations of about 3.59 billion U.S. dollars, UN News reported on Sunday. The 2024 budget is higher than that of 2023, which stood at nearly 3.4 billion dollars. The regular budget covers …
Read More »Global dengue surge sparks concern as cases top 5 million this year
GENEVA | Xinhua | The World Health Organization (WHO) sounded the alarm on the threat of dengue Friday as the mosquito-borne disease has spread to previously untouched countries, infecting over 5 million and killing more than 5,000 this year. Nearly 80 percent of those cases, or 4.1 million, have been …
Read More »Japan OKs FY 2024 budget, defense spending reaches new high
TOKYO | Xinhua | The Japanese government on Friday adopted a draft budget of 112.07 trillion yen (about 787 billion U.S. dollars) for fiscal year 2024, with defense spending hitting an all-time high for the 10th straight year. The figure approved by the cabinet for the fiscal period from April …
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