The IMF in its economic analysis has estimated the trade conflicts and tariffs have cut 0.8 percentage points off of global growth but she stressed that most of that is not due to the tariffs but to the uncertainty, which causes companies to put the brakes on investment. … [Read more...] about US, China have long way to go to resolve trade friction: IMF chief
New world china land
Vietnam has COVID-19 epidemic ‘under control’: Deputy PM
“This is a rehearsal for anti-epidemic situations. Despite being a country with [shared] road and maritime borders [with China] where cross-border traffic is busy and exposed to the highest risk of infection, Vietnam has reported only 16 cases testing positive [for the novel coronavirus] and has cured 16 out of the 16 patients,” he remarked. … [Read more...] about Vietnam has COVID-19 epidemic ‘under control’: Deputy PM
British cave expert linked to Son Doong discovery relives 30 years of devotion to Vietnam
“We have the locals to thank. We could not do anything without them,” he said. “They are so protective of us. They don’t even let us enter a path before they can make sure it's safe, clean, and clear.” … [Read more...] about British cave expert linked to Son Doong discovery relives 30 years of devotion to Vietnam
Italy’s COVID-19 death toll tops 10,000 despite long lockdown
Italy's COVID-19 death toll tops 10,000 despite long lockdown, photo AFP The 889 new fatalities reported in the world's worst-hit nation came a day after it registered 969 deaths on Friday - the highest single toll since the COVID-19 virus emerged late last year. … [Read more...] about Italy’s COVID-19 death toll tops 10,000 despite long lockdown
COVID-19 could damage global growth in 2020: IMF
Ivanka Trump (centre), the daughter and senior adviser to US President Donald Trump, poses for a group photo with World Bank President David Malpass (fourth left), IMF Managing Director Kristalina Georgieva (fifth left), and others at the Global Women's Forum. (Source: AP Photo/Kamran Jebreili) "There may be a cut that we are still hoping would be in the 0.1 to 0.2 percentage space," the managing director of the International Monetary Fund, Kristalina Georgieva, told the Global Women's Forum in Dubai. … [Read more...] about COVID-19 could damage global growth in 2020: IMF
