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abcnews.go.com

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May 8, 13:20

Asian Markets Rise Despite Geopolitical Tensions and Trade War Uncertainty

Asian markets experienced moderate growth Thursday following the Fed's decision to keep interest rates unchanged, despite geopolitical tensions rising between India and Pakistan after cross-border missile strikes and ongoing uncertainty surrounding the US-China trade war.

Asian Markets Rise Despite Geopolitical Tensions and Trade War Uncertainty

Asian markets experienced moderate growth Thursday following the Fed's decision to keep interest rates unchanged, despite geopolitical tensions rising between India and Pakistan after cross-border missile strikes and ongoing uncertainty surrounding the US-China trade war.

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Decent Work and Economic Growth

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What was the immediate market reaction to the Federal Reserve's decision on interest rates, and how did geopolitical events influence this reaction?

Asian markets saw moderate growth following the Federal Reserve's decision to hold interest rates steady, defying expectations of a cut. Major indices like the Nikkei 225 and S&P/ASX 200 saw gains of 0.4% and 0.2%, respectively. However, geopolitical tensions between India and Pakistan, following cross-border missile strikes, dampened investor enthusiasm.

europe.chinadaily.com.cn

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May 8, 13:20

Xi's Moscow Visit: Strengthening Sino-Russian Alliance Against Hegemonism

During his state visit to Moscow, President Xi Jinping called for concerted efforts with Russia to defend the legacy of World War II victory and oppose hegemonism, highlighting their joint participation in the upcoming 80th anniversary celebrations of the Soviet Union's Great Patriotic War.

Xi's Moscow Visit: Strengthening Sino-Russian Alliance Against Hegemonism

During his state visit to Moscow, President Xi Jinping called for concerted efforts with Russia to defend the legacy of World War II victory and oppose hegemonism, highlighting their joint participation in the upcoming 80th anniversary celebrations of the Soviet Union's Great Patriotic War.

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What are the immediate implications of Xi Jinping's visit to Moscow for the global political landscape?

President Xi Jinping's visit to Moscow for the 80th anniversary of the Soviet Union's Great Patriotic War victory signifies strengthened Sino-Russian collaboration against perceived hegemonism. Xi's statement emphasizes joint efforts to uphold the WWII victory's legacy and oppose power politics, highlighting the shared historical narrative and strategic alignment of both nations. This visit, Xi's 11th to Russia, underscores the deepening partnership between these two permanent UN Security Council members.

kathimerini.gr

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May 8, 13:20

Sudanese Army Reports Five Days of RSF Drone Attacks, Threatening Humanitarian Aid

For five days, the Rapid Support Forces (RSF) have launched repeated drone attacks against Sudanese army-controlled areas, including Port Sudan's Flamingo naval base and Kosti's fuel depots, causing fires and raising fears of humanitarian aid disruption.

Sudanese Army Reports Five Days of RSF Drone Attacks, Threatening Humanitarian Aid

For five days, the Rapid Support Forces (RSF) have launched repeated drone attacks against Sudanese army-controlled areas, including Port Sudan's Flamingo naval base and Kosti's fuel depots, causing fires and raising fears of humanitarian aid disruption.

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Zero Hunger

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What is the immediate impact of the repeated drone attacks on the Sudanese conflict, particularly on Port Sudan and its humanitarian role?

For five consecutive days, the Sudanese army has reported drone attacks on eastern and southern regions, previously unaffected by the ongoing conflict. The attacks, attributed to the Rapid Support Forces (RSF) paramilitary group, targeted Port Sudan, a key logistical hub, and Kosti, impacting fuel supplies and potentially humanitarian aid distribution.

kathimerini.gr

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May 8, 13:20

Papal Conclave: No New Pope After Morning Voting Rounds

Two morning voting rounds of the Papal conclave in Vatican City concluded without electing a new Pope, as indicated by black smoke; voting will continue in the afternoon.

Papal Conclave: No New Pope After Morning Voting Rounds

Two morning voting rounds of the Papal conclave in Vatican City concluded without electing a new Pope, as indicated by black smoke; voting will continue in the afternoon.

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What factors might contribute to the difficulty in electing a new Pope, based on past conclaves and the current situation?

The lack of a new Pope after the morning voting rounds underscores the difficulty in reaching a consensus among the 133 cardinal electors. This process, which in recent history has taken four (Pope Benedict XVI) or five (Pope Francis) ballots, highlights the weight of the decision and the diverse viewpoints within the College of Cardinals.

kathimerini.gr

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May 8, 13:20

Foreign Workers Crucial to Eurozone Economic Growth, ECB Study Finds

A European Central Bank study reveals that foreign workers comprised half of the Eurozone's workforce growth in the last three years, significantly mitigating labor shortages and boosting economic growth, particularly in Germany and Spain, while Italy focused on domestic labor.

Foreign Workers Crucial to Eurozone Economic Growth, ECB Study Finds

A European Central Bank study reveals that foreign workers comprised half of the Eurozone's workforce growth in the last three years, significantly mitigating labor shortages and boosting economic growth, particularly in Germany and Spain, while Italy focused on domestic labor.

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How significantly did foreign workers contribute to Eurozone economic growth and labor market recovery post-pandemic?

Foreign workers accounted for half of the Eurozone's workforce increase over the past three years, mitigating labor shortages and contributing significantly to economic growth. This influx has offset negative demographic trends, particularly in countries like Germany and Spain where the impact was most substantial. The improved skill levels of these workers are also a contributing factor.

europe.chinadaily.com.cn

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May 8, 13:20

US-Houthi Ceasefire: Limited Truce Amidst Regional Tensions

Following an Oman-brokered deal, the US announced a halt to its daily bombing of Yemen, but the Houthi militia will continue targeting Israeli ships, highlighting a limited ceasefire focused on protecting US maritime interests while leaving broader regional conflicts unresolved.

US-Houthi Ceasefire: Limited Truce Amidst Regional Tensions

Following an Oman-brokered deal, the US announced a halt to its daily bombing of Yemen, but the Houthi militia will continue targeting Israeli ships, highlighting a limited ceasefire focused on protecting US maritime interests while leaving broader regional conflicts unresolved.

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Peace, Justice, and Strong Institutions

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What are the immediate impacts of the US-Houthi ceasefire on regional stability and maritime security?

The US announced a halt to its daily bombing of Yemen following an Oman-brokered ceasefire with the Houthi militia. However, Houthi leaders stated they would evaluate the deal and continue targeting Israeli ships. This suggests a limited ceasefire, focused primarily on US interests.

global.chinadaily.com.cn

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May 8, 13:20

ASEAN strengthens ties with BRICS amid rising global protectionism

ASEAN is strengthening its partnership with BRICS amid rising US trade barriers and global protectionism, with Malaysian Foreign Minister Mohamad Hasan advocating for the Global South to reshape international cooperation, highlighting ASEAN's $3.8 trillion GDP as a significant asset in this endeavor...

ASEAN strengthens ties with BRICS amid rising global protectionism

ASEAN is strengthening its partnership with BRICS amid rising US trade barriers and global protectionism, with Malaysian Foreign Minister Mohamad Hasan advocating for the Global South to reshape international cooperation, highlighting ASEAN's $3.8 trillion GDP as a significant asset in this endeavor...

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Reduced Inequality

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How does Malaysia's role as ASEAN chair and a BRICS partner contribute to the strengthening of South-South cooperation?

The shift towards South-South cooperation between ASEAN and BRICS is driven by a perceived instability and unreliability of the current world economic order, characterized by rising protectionism and trade barriers. Mohamad Hasan's statement points to a strategic repositioning of ASEAN, leveraging its economic strength to influence global cooperation and promote a more inclusive system. This reflects a broader trend of developing nations seeking alternatives to Western-dominated institutions.

china.org.cn

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May 8, 13:20

China's New Law to Boost Private Sector Development

China's new Private Sector Promotion Law, effective May 20, 2025, aims to boost private sector development by ensuring fair market access and equal resource allocation, with the government launching 3 trillion yuan worth of projects this year to promote private investment.

China's New Law to Boost Private Sector Development

China's new Private Sector Promotion Law, effective May 20, 2025, aims to boost private sector development by ensuring fair market access and equal resource allocation, with the government launching 3 trillion yuan worth of projects this year to promote private investment.

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How does the law address the issue of fair competition and equal access to resources for private businesses in China?

The law addresses concerns over uneven playing fields by legally mandating equal access to resources for private enterprises. This is coupled with a push for increased private sector participation in large-scale projects, as evidenced by the 20 percent private stake in some nuclear power projects and the 80 percent plus private investment in industrial equipment renewal. The government aims to increase private sector participation in infrastructure projects worth approximately 3 trillion yuan.

kathimerini.gr

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May 8, 13:20

Albania's Corruption Scandal: Stalled Waste Plant Exposes Systemic Issues

In Elbasan, Albania, a stalled waste-to-energy plant project, part of a larger corruption scandal involving illegal contracts and payments to ministers, is causing a massive garbage pile-up, affecting residents and highlighting systemic issues impacting Prime Minister Edi Rama's re-election bid and ...

Albania's Corruption Scandal: Stalled Waste Plant Exposes Systemic Issues

In Elbasan, Albania, a stalled waste-to-energy plant project, part of a larger corruption scandal involving illegal contracts and payments to ministers, is causing a massive garbage pile-up, affecting residents and highlighting systemic issues impacting Prime Minister Edi Rama's re-election bid and ...

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Sustainable Cities and Communities

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How does the stalled waste-to-energy plant project in Elbasan, implicated in a corruption scandal, directly impact the lives of Albanian citizens and the country's environmental conditions?

In Albania, a waste-to-energy plant project, part of a larger corruption scandal, is stalled due to operational issues, leaving a mountain of garbage in Elbasan. This exemplifies the lasting impact of corruption on the country's environment and public health, affecting residents' daily lives and highlighting the government's failure to deliver promised infrastructure improvements.

china.org.cn

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May 8, 13:20

Xi's Moscow Visit: Strengthening Sino-Russian Partnership Against Hegemonism

Chinese President Xi Jinping arrived in Moscow on May 7, 2025, for a state visit and to commemorate the 80th anniversary of Victory Day, emphasizing China and Russia's shared commitment to opposing hegemonism and upholding multilateralism, a stance further strengthened by a joint article published i...

Xi's Moscow Visit: Strengthening Sino-Russian Partnership Against Hegemonism

Chinese President Xi Jinping arrived in Moscow on May 7, 2025, for a state visit and to commemorate the 80th anniversary of Victory Day, emphasizing China and Russia's shared commitment to opposing hegemonism and upholding multilateralism, a stance further strengthened by a joint article published i...

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Peace, Justice, and Strong Institutions

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What are the immediate implications of Xi Jinping's visit to Moscow for the international order?

President Xi Jinping's visit to Moscow for the 80th anniversary of the Soviet Union's Great Patriotic War victory underscores China and Russia's joint commitment to opposing hegemonism and upholding multilateralism. Xi's statement emphasizes their collaboration in safeguarding the UN-centered international system. This visit marks Xi's 11th trip to Russia since becoming president.

europe.chinadaily.com.cn

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May 8, 13:20

ASEAN Strengthens Ties with BRICS Amid Rising Protectionism

ASEAN is strengthening its cooperation with BRICS in response to rising US trade barriers and global protectionism, leveraging its $3.8 trillion GDP and diplomatic influence to reshape international cooperation and create a more just world order, as stated by Malaysian Foreign Minister Mohamad Hasan...

ASEAN Strengthens Ties with BRICS Amid Rising Protectionism

ASEAN is strengthening its cooperation with BRICS in response to rising US trade barriers and global protectionism, leveraging its $3.8 trillion GDP and diplomatic influence to reshape international cooperation and create a more just world order, as stated by Malaysian Foreign Minister Mohamad Hasan...

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Reduced Inequality

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What are the key drivers behind ASEAN's increased cooperation with BRICS?

ASEAN, chaired by Malaysia, is strengthening its ties with BRICS, driven by rising US trade barriers and global protectionism. Malaysian Foreign Minister Mohamad Hasan emphasized the need for the Global South to lead in reshaping international cooperation, highlighting ASEAN's economic strengths and diplomatic openness as key assets. This collaboration aims to create a more inclusive and just world order.

faz.net

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May 8, 13:19

Merz's Poland Visit Signals Improved German-Polish Relations

German Chancellor Merz's immediate post-inauguration visit to Poland resulted in agreements on bolstering EU external border security, commemorating WWII victims with a Berlin memorial, and revitalizing the Weimar Triangle, potentially including the UK, improving relations significantly.

Merz's Poland Visit Signals Improved German-Polish Relations

German Chancellor Merz's immediate post-inauguration visit to Poland resulted in agreements on bolstering EU external border security, commemorating WWII victims with a Berlin memorial, and revitalizing the Weimar Triangle, potentially including the UK, improving relations significantly.

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What immediate impacts will the agreement on EU border security and the improved German-Polish relationship have on cross-border movement and worker mobility?

Following German Interior Minister Dobrindt's announcement of increased border controls, Chancellor Merz visited Poland to discuss concerns with Prime Minister Tusk. Tusk emphasized the negative impact on Polish workers crossing the border daily, advocating for stronger EU external border protection instead of internal controls. Merz agreed, promising to address the issue and improve cross-border infrastructure.

Showing 145 to 156 of 429 results