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Posted in Asia

IMF cuts emerging Asia growth forecast on COVID-19 resurgence

TOKYO, July 27 (Reuters) – The International Monetary Fund on Tuesday cut this year’s economic growth forecast for emerging Asia, as a spike in coronavirus cases from new variants and slow vaccinations cloud the region’s recovery prospects.

The downgrade, which …

Continue Reading IMF cuts emerging Asia growth forecast on COVID-19 resurgence
Posted in Asia

Pentagon Chief Slams China While Vowing Deeper Role in Asia

Defense Secretary Lloyd Austin sought to reassure the Asia-Pacific that the U.S. was committed to engagement in the region, while vowing to challenge what he called China’s aggression.

“We will not flinch when our interests are threatened,” Austin said in …

Continue Reading Pentagon Chief Slams China While Vowing Deeper Role in Asia
Posted in Asia

Southeast Asian Countries Struggle To Contain A Devastating Third Wave Of COVID-19 – NPR

Continue Reading Southeast Asian Countries Struggle To Contain A Devastating Third Wave Of COVID-19 – NPR
Posted in Asia

Hit Hard by Covid-19, Southeast Asian Countries Turn to Western Vaccines – The Wall Street Journal

Continue Reading Hit Hard by Covid-19, Southeast Asian Countries Turn to Western Vaccines – The Wall Street Journal
Posted in Asia

Indonesia overtakes India as Asia’s new Covid-19 epicenter

The island nation — home to about 270 million people — is now reporting more cases a day than hard-hit India, making Indonesia the new epicenter for the pandemic in Asia. If the spread continues unabated, experts say it could
Continue Reading Indonesia overtakes India as Asia’s new Covid-19 epicenter
Posted in Asia

U.S. Futures Slide on Amazon, China Drop Saps Asia: Markets Wrap

(Bloomberg) — U.S. equity futures and Asian stocks slid Friday as traders weighed signs of a slowdown ahead for megacap technology companies and risks from China’s regulatory crackdown. Treasuries and the dollar rose.

Stocks fell in Hong Kong and China …

Continue Reading U.S. Futures Slide on Amazon, China Drop Saps Asia: Markets Wrap
Posted in Guyana South America

ExxonMobil makes new discovery off Guyana’s coast – Reuters

Continue Reading ExxonMobil makes new discovery off Guyana’s coast – Reuters
Posted in Paraguay South America

Florida condo collapse: Remains of nanny for family of Paraguay’s president return to home country

The remains of a 23-year-old Paraguayan woman who was a nanny at the Champlain Towers in Surfside, Florida, were returned to her home country on Tuesday. 

Leidy Vanessa Luna Villalba nannied for the family of the sister of Paraguayan …

Continue Reading Florida condo collapse: Remains of nanny for family of Paraguay’s president return to home country
Posted in Chile South America

Chileans tapped into pensions to survive the pandemic – now what? – Al Jazeera English

Continue Reading Chileans tapped into pensions to survive the pandemic – now what? – Al Jazeera English
Posted in Bolivia South America

EXCLUSIVE Bolivia seeks to stabilize economy with vaccines and gold, minister says – Reuters

Continue Reading EXCLUSIVE Bolivia seeks to stabilize economy with vaccines and gold, minister says – Reuters