Search result for: "Energy Crisis"

BEIJING, China--As concerns of a possible trade war between the EU and the US increase, Chinese analysts said major European economies need to make pragmatic and wise decisions to safeguard their own interests rather than following Washington too closely at their own costs while serving the US hegemony.

NEW YORK, U.S.--Rising inflation has caused a striking decline in real monthly wages in many countries, the International Labour Organization (ILO) said in a report published on Wednesday, highlighting the urgent need for policies to prevent further poverty, inequality and social unrest.

https://www.globaltimes.cn/page/202210/1278154.shtml

BEIJING, China--Leaders of the Group of Seven (G7) convened a virtual meeting on Tuesday on supporting Ukraine following the escalation of the Russia-Ukraine conflict. Chinese observers believe that the West, eyeing a prolonged proxy war to exhaust Russia, would continue to fan the flames by providing Ukraine with more weapons and should be blamed for the current rising tensions.

SINGAPORE CITY, Singapore--he ASEAN+3 Macroeconomic Research Office (AMRO) today revised downwards its short-term growth forecast for the ASEAN+3 region.

BEIJING, China--After more than 70,000 protesters filled Wenceslas Square in the Czech Republic to express their anger over soaring energy prices, more people living in Europe are taking to the streets to protest against their governments for putting Ukraine ahead of their own residents' livelihoods.

NEW YORK, U.S.--As inflation in the United States reaches new heights, economists are debating how high the Federal Reserve will need to hike interest rates to curb demand and rein in price growth.