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World Bank trims 2020 growth forecast amid slow recovery for trade

The World Bank on Wednesday trimmed its global growth forecasts slightly for 2019 and 2020 due to a slower-than-expected recovery in trade and investment despite cooler trade tensions between the

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World Bank says global growth to recover to 2.5 pct in 2020, but downside risks persist

Global economic growth is projected to recover to 2.5 percent in 2020, up slightly from the post-crisis low of 2.4 percent registered in 2019, but downside risks persist, the World Bank said on Wedne

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Peng Liyuan meets Juilliard School president

Peng Liyuan, wife of Chinese President Xi Jinping, on Wednesday met with Damian Woetzel, president of the Juilliard School. Woetzel introduced the school's cooperation

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Hong Kong police seize lethal weapons including rifle, bombs amid social unrest

Hong Kong police have seized a large number of lethal weapons including a rifle and bombs that could be used in public events and cause casualties. Weapons and dangero

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China, Egypt hold diplomatic strategic dialogue

Chinese State Councilor and Foreign Minister Wang Yi (L) and Egypt's Foreign Minister Sameh Shoukry attend a joint press conference in Cairo, Egypt, Jan. 8, 2020. (Xinh

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U.S. unveils AV 4.0 initiative at CES in Las Vegas

The United States government has released its latest initiative in the automated vehicle (AV) sector in a bid to keep its leadership in self-driving vehicle technologies. Elaine L. Chao, the U.S. Se

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U.S. calls for complete cooperation with any probe into cause of Iran crash

U.S. Secretary of State Mike Pompeo said on Wednesday the United States was calling for complete cooperation with any investigation into the cause of the crash of a Ukr

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APD | Governor Benjamin Diokno calls on Filipinos not to be alarmed with developments in the Middle East

By APD writer Melo M. AcuñaMANILA, Jan. 8 (APD) – Bangko Sentral ng Pilipinas Governor Benjamin E. Diokno said there is no cause for alarm with what’s going on in the M

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China's forex regulator to cancel 11 certification items starting Feb.

China's foreign exchange regulator announced Wednesday it is cancelling 11 certification materials on foreign exchange management in a bid to streamline the approval procedures.According to China's S

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Turkish FM to visit Iraq over growing Iran-U.S. tensions

Turkish Foreign Minister Mevlut Cavusoglu will visit Iraq on Thursday following an Iranian retaliatory attack on U.S. troops in Iraq, Turkey's Foreign Ministry announc

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Facial recognition to facilitate Spring Festival travel rush in Beijing

Beijing Railway Station has installed facial recognition software in 30 self-service ticket checking machines to shorten the check-in time during the upcoming Spring F

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Turkish, Russian presidents meet in Istanbul amid regional tension

Turkish President Recep Tayyip Erdogan and his Russian counterpart Vladimir Putin met on Wednesday in Istanbul to discuss regional developments. The mounting tension between the United States and Ir

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China's "longevity city" records 500 centenarians

Rugao, a city renowned for the longevity of its residents in east China's Jiangsu Province, has registered a record 500 centenarians, local authorities said Wednesday. This marked a yearly increas

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Firestorms: How Australia's bushfires create their own weather

Australia's bushfires have burned so intensely that they have hurled smoke as far away as Chile.They have also created their own weather systems, including deadly "firestorms" that produce dry lightn

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China launches new communication technology experiment satellite

China has sent a new communication technology experiment satellite into space from Xichang Satellite Launch Center in Sichuan Province at 11:20 p.m. Beijing Time on Tuesday.The satellite has enter

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Live: Check out the transformative tech products in CES 2020

The 2020 Consumer Electronics Show (CES), known as the world's biggest tech event, is well underway in Las Vegas. More than 4,500 exhibitors launch nearly 20,000 latest tech products, com

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Polish president may boycott Holocaust remembrance in Israel

Poland’s president is threatening to boycott a ceremony in Israel marking the 75th anniversary of the liberation of the Nazi German death camp of Auschwitz if he is not