Citing Russia’s war, IMF cuts global growth forecast to 3.6%

The International Monetary Fund yesterday downgraded the outlook for the world economy this year and next, blaming Russia’s war in Ukraine for disrupting global commerce,

Mexican Senate approves nationalization of lithium mining

Mexico’s Senate passed a bill yesterday to nationalize lithium mining and extraction. The bill was submitted by President Andrés Manuel López Obrador, who is expected to sign it

Dynamic clearing the option that puts people’s  lives first

No matter how many countries choose to co-exist with the novel coronavirus, China will continue to stick to its tried and proved dynamic clearing policy, as that remains

Thursday, April 21, 2022 – edition no. 3995

— Using the same formula as the second round, gov’t hopes to launch next consumption cards June 1 * Economy | More studies needed to reinforce HK-style SME support in Macau *

Macao Drone Gala to attract over 100,000 visitors across five days, MGTO forecasts

The Light up Macao Drone Gala has earned its place in the annual events calendar this year, the director of the Macao Government Tourism Office

64 suspected illegal workers in March

Operations against illegal workers carried out by government agencies, acting both independently and jointly, found 64 suspected illegal workers during inspections across 295 locations. The operations were

Gov’t to resume ‘Macao weeks’ on the mainland in H2

The Macao Government Tourism Office (MGTO) is planning to resume its promotional campaigns for Macau as a tourism destination, known as “Macao weeks,” in several mainland

CE in Hainan to attend Boao Forum

The Chief Executive (CE), Ho Iat Seng, will visit Hainan to take part in the Boao Forum for Asia Annual Conference 2022, the Government Information Bureau

Survey: SMEs continue to face gloomy business prospects

Small and medium enterprises (SMEs) are facing a gloomy outlook, with nearly 10% of the interviewed local firms set to close their business, according to

Suicide cases in Q1 jumps 300% y-o-y, association calls for ‘stepped care’ model

Macau has recorded an alarming number of suicide cases in the first quarter of this year, which could be interpreted as hitting a crisis level.

US officials heading to Solomons over China pact worries

The U.S. is sending two top officials to the Solomon Islands following a visit last week by an Australian senator over concerns that China could establish

Philippines ambassador to Beijing ‘Chito’ Sta. Romana dies

The Philippines’ ambassador to China, Jose Santiago “Chito” Sta. Romana, has died while in quarantine for COVID-19. He was 74. Sta. Romana was a longtime

People chooses president in runoff amid political feud

Voters in East Timor chose a president in a runoff yesterday between former independence fighters who’ve blamed each other for years of political paralysis. Nobel Peace

Singapore and New Zealand to jointly tackle climate change

Singapore and New Zealand will cooperate on green technologies in the fight against climate change, prime ministers from both countries said yesterday. The joint efforts will

Russia ratchets up battle for control of eastern Ukraine

Russia ratcheted up its battle for control of Ukraine’s eastern industrial heartland, intensifying assaults on cities and towns along a front hundreds of miles long in

1968 Powell slates immigration policy

Addressing a Conservative association meeting in Birmingham, Mr Powell said Britain had to be mad to allow in 50,000 dependents of immigrants each year. He compared it

Turner Classic festival returns to Hollywood with Spielberg, more

Classic film lovers know the importance of a grand entrance and the folks at Turner Classic Movies are pulling out all the stops for the

Ukrainian runs Boston Marathon to help homeland

Igor Krytsak, a 33-year-old Ukrainian, is a sporting event organizer who planned to run the Boston Marathon after qualifying in London last year with a personal

Bahrain confirms firm’s talks to buy AC Milan for $1.1B

Bahrain's government announced that a private equity firm based in the country is in “exclusive talks” to buy seven-time European champion AC Milan and become the

UK’s Boris Johnson faces wrath of lawmakers over partygate

Prime Minister Boris Johnson is facing British lawmakers today for the first time since he was fined by police for attending a birthday party in

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