Global economy 'limping along,' cuts growth forecast for China, euro area: IMF
Tuesday, 10 October 2023 The International Monetary Fund (IMF) has lowered its growth forecasts for China and the euro area, while maintaining its forecast for global GDP growth in 2023 at 3.0%. The IMF cited the uneven recovery from the Covid-19 pandemic, Russia's invasion of Ukraine, and last year's energy crisis as factors contributing to the low and divergent global growth. The IMF also expressed concerns about risks related to the real estate crisis in China.
US Sanctions Target , Chinese Firms Involved With , Fentanyl Supply Chain.
BBC reports that 25 China-based firms and individuals
are facing United States sanctions for their alleged
production of chemicals used to produce fentanyl.
The news comes as fentanyl, a powerful opioid
prescribed as a...
US-China Talks , May Continue Amid Rising , Tensions and Economic Woes.
'Newsweek' reports that China's leader, Xi Jinping, may
soon hold a face-to-face meeting with United States
President Joe..
Credit: Wibbitz Top Stories Duration: 01:30Published
White House Unveils , 32 States to Become , US 'Tech Hubs' .
On October 23, President Joe Biden
announced over 30 regional tech hubs
to be developed across the United States.
On October 23,..
Credit: Wibbitz Top Stories Duration: 01:31Published
China Hosts International, Leaders at Latest , Belt and Road Summit.
'The Guardian' reports that world leaders
have gathered in Beijing to join China's
belt and road initiative (BRI) forum. .
'The..
Credit: Wibbitz Top Stories Duration: 01:31Published
Tuesday, 10 October 2023
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