Ahsan Iqbal and Yao Jing during the launch ceremony of CPEC long-term cooperation plan in Islamabad. File/Reuters
The slashing of the global economic growth forecasts for 2019 by the International Monetary Fund (IMF) and the warning that growth could slow further due to trade tensions and a potentially disorderly British exit from the European Union (EU) should serve as a wakeup call for world leaders to take corrective measures through coordinated actions.
At a time when the global market is battling uncertainty, US President Donald Trump’s Twitter message that he will raise tariffs on $200 billion of Chinese imports to 25 per cent from 10 per cent beginning Friday has ignited fresh trade war fears and fuelled more anxiety among investors.
The AP spoke to seven girls who had been forced to marry Chinese men, four of them still in China. Each described how their new husbands handed them over to paying clients to be raped.
Factory activity shrank in most Asian countries in June as the simmering US-China trade conflict put further strains on the region’s manufacturing sector, keeping policymakers under pressure to deploy stronger steps to avert a global recession.
Global stocks rose on Friday after a top Federal Reserve official cemented expectations of a US interest rate cut later this month, fuelling appetite for riskier assets and keeping a cap on the dollar.
The Abu Dhabi’s real estate market is on solid growth trajectory despite the global trends. The local and foreign investors are upbeat about the capital’s burgeoning property market. Reportage Properties, a leading real estate developer,
The fully integrated, UAE-based, Grandweld Shipyards, has exhibited immaculate operations and achieved a number of landmark milestones during 2018. From environmentally friendly and sustainable services, to closing new deals;