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IMF Lowers Growth Outlook Amid Financial System Tremors WASHINGTON — The world economy faces the increasing risk of a painful slowdown amid worries about the global banking system and concerns that rising interest rates could force banks to curtail lending, the International Monetary Fund said on Tuesday.
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Military airstrikes on a Myanmar village are feared to have killed 100 A witness told The Associated Press that a fighter jet dropped bombs directly into a crowd of people who were gathering at 8 a.m. for the opening of a local office of the country's opposition movement outside Pazigyi village in Sagaing region's Kanbalu ...
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Around 100 people killed after Myanmar junta attack on village, shadow government says The attack resulted in the "loss of scores of innocent civilians and injuring many more, including children and pregnant women," the National Unity Government (NUG)'s Ministry of Labour said in a statement, describing it as a "heinous act" that constitutes ...
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Rich people's swimming pools are fueling water crises in cities, study says Rich elites are fueling water crises by using huge amounts of limited water resources on things like their private swimming pools, irrigating their gardens and washing their cars, a new study says, adding that their use of water could affect urban ...
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Why sanctions don't work — but could if done right U.S. sanctions against Iran, Russia, Afghanistan, China and Venezuela have all made the news in recent weeks. That may seem like a lot of countries that the U.S. is sanctioning. But they're just five of the roughly 23 countries that the U.S. is ...
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The US's lonely clash with China "There are virtually no US allies that are really all-in on the idea of a cold war with China," Eurasia Group President Ian Bremmer told MM over the weekend. "The politics around the China relationship — which is incredibly toxic and hostile in the United ...
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Macron comments raise questions about Europe's allegiance to the US and Taiwan French President Emmanuel Macron drew consternation on both sides of the Atlantic with a recent interview in which he questioned Europe's allegiance to the United States. Macron spoke to journalists from Politico Europe and the French newspaper Les ...
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Tropical Cyclone Ilsa begins final approach to WA's Pilbara and Kimberley Key points: · A resident who has lived in Port Hedland for 65 years says the storm has the potential to be "pretty savage" · Warnings are in place from Broome to Port Hedland as the system continues to intensify · Gales add heavy rain are expected to impact ...
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Latest on Ukraine: Pentagon leaks, France's overtures in China and Finland in NATO Brazilian President Luiz Inácio Lula da Silva is due to visit Beijing to meet Chinese leader Xi Jinping. Both have pitched their vision for peace talks to end the war in Ukraine, while fostering relations with Russian President Vladimir Putin.
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Six bodies found in Marseille building collapse Rescuers have found two more bodies in the rubble of a building that collapsed in an explosion in the southern French port city of Marseille on Sunday, bringing the total death toll to six. A "violent explosion" shook the building at around 12:30 a.m. ...
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