
AFP
13876 articles published since 08 Mar 2022
13876 articles published since 08 Mar 2022
The Kremlin on Monday said it was exiting a major agreement to facilitate Ukraine grain exports hours after drones struck Russia's only bridge connecting its mainland to the annexed Crimea peninsula. Moscow's announcement came hours after drones hit the sole road link connecting Russia to the annexed Crimea peninsula, a key supply line for Russian forces in the south of Ukraine.
Japanese Prime Minister Fumio Kishida arrived in the UAE on Monday to discuss cooperation on clean hydrogen, ammonia and recycled carbon fuels ahead of this year's UN climate talks in Dubai. It will focus on areas including hydrogen, ammonia, recycled carbon fuels and carbon capture technology, the statement said.
G20 finance ministers and central bank chiefs opened talks on Monday discussing debt restructuring deals, multilateral bank reform and finance to tackle climate change, aiming to bolster a sagging global economy.
Asian markets struggled Monday to build on last week's rally, with new data showing China's economy grew less than expected in the second quarter as its post-Covid recovery runs out of steam. Growth was also sharply down on a quarter-on-quarter basis, which is seen as a better guide to the state of the economy owing to the low base of comparison with last year's Covid-depressed performance.
China's economy grew 6.3 percent year on year in the second quarter, a figure that belies the country's slowing post-pandemic recovery and one that analysts warn is inflated given the low base of comparison with lockdown-wracked 2022.
China's economy grew 6.3 percent year-on-year in the second quarter of 2023, official data showed Monday, despite a patchy post-Covid rebound in recent months. "By quarter, the GDP grew by 4.5 percent year on year in the first quarter and 6.3 percent in the second quarter," NBS spokesman Fu Linghui said.
Russia took control of shares belonging to French agribusiness Danone and brewer Carlsberg, according to a decree published on Sunday. The decree signed by President Vladimir Putin says the Russian state would "temporarily" manage shares belonging to Danone Russia and to Baltika, which is owned by Carlsberg.
Tech giants Microsoft and Sony reached a deal to keep releasing the popular "Call of Duty" video games on the Playstation game console, Microsoft announced Sunday. Sunday's "binding agreement" means that "Call of Duty" games will continue to be released on both the Xbox and the Sony Playstation.
The UK government on Sunday hailed what it said was its biggest trade deal since Brexit, as it formally signed a treaty to join a major Indo-Pacific bloc. For Brexit supporters, it has been seen as a chance for the UK to join other trading blocs with faster-growing economies than those closer to home -- and boost the country's international geopolitical and economic clout.
AFP
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