The European Union mission in Yemen announced the conclusion of the final phase of the joint program to enhance resilience in rural areas of Yemen, which has benefited more than 2.3 million people in eight governorates.
The death toll from the Israeli genocidal war on the Gaza Strip since October 7, 2023, has risen to 55,297, with 128,426 injured, the Ministry of Health in afflicted Palestinian enclave said. The majority of the victims are women and children.
U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.
Saudi Al-Hilal FC has been eliminated from the 2025 FIFA Club World Cup after suffering a 2-1 defeat to Fluminense FC from Brazil in the quarterfinals. The match was held at the Camping World Stadium in Orlando, Florida.
International Monetary Fund expects China's economy to grow by 5 percent
[29/05/2024 02:39]
BEIJING - SABA
The International Monetary Fund has forecast China's economy to grow at a rate of 5 percent of GDP this year, up from its previous forecast of 4.6 percent, following the strong performance of the world's second-largest economy in the first quarter of this year.
In a statement on Wednesday, the Fund raised its forecast for China's economic growth rate next year from 0.4 percentage points to 4.5 percent, compared to 4.1 percent of GDP.
The Chinese National Bureau of Statistics announced last month that China's economy grew by 5.3 percent in the first quarter of the this year, while analysts had expected it to grow by 4.8 percent, after growing by 5.2 percent in the last quarter of last year.