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APEC slashes growth forecasts on inflation, Ukraine risks - Vimarsana News

APEC slashes growth forecasts on inflation, Ukraine risks

Intergovernmental forum forecasts 2.5 percent growth in 2022, down from 3.2 percent in May.

APEC region's growth to slow down amid uncertainties, crisis: Report - Vimarsana News

APEC region's growth to slow down amid uncertainties, crisis: Report

Economic growth in the APEC region is expected to slow down this year amid soaring inflation, a protracted war in Ukraine, and heightened uncertainties, ...

APEC region's growth to slow down amid uncertainties, crisis - Vimarsana News

APEC region's growth to slow down amid uncertainties, crisis

APEC Illustration for inflation. People buy food amid inflation and rising food prices in Thailand. (ANTARA/HO-APEC Secretariat) JAKARTA - Economic growth in the Asia-Pacific Economic Cooperation (APEC) region is expected to slow down this year amid soaring inflation, a protracted war in Ukraine, and heightened uncertainties, according to a new report by the APEC Policy Support Unit. On top of that, the continuing impact of the pandemic and virus mutations are draining resources in the region, the report said, as noted in a release issued by the APEC Secretariat and received here on Friday. Th...

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Jakarta RayaRhea HernandoInternational Monetary FundAsia Pacific Economic CooperationSupport UnitPolicy SupportSupport Unit Denis HewApec Illustration For Inflation People Buy Food Amid And Rising Prices In Thailand Antara Ho Secretariat Jakarta Economic Growth The Asia Pacific Cooperation Region Is Expected To Slow Down This Year SoaringA Protracted War In UkraineNd Heightened UncertaintiesCcording Toa New Report By The Apec Policy Support Unit On Top Of ThatHe Continuing Impact Of The Pandemic And Virus Mutations Are Draining Resources In RegionHe Report SaidS Noted Ina Release Issued By The Apec Secretariat And Received Here On Friday Policy Support Unit Is Currently Downgrading Its Gross Domestic Product Gdp Growth Projection For Region To 2 5 Percent In 2022Hich Is Lower Than Its Earlier Projection Of 3 2 Percent The Growth Forecast For Next Year Has Also Been DowngradedRom 3 4 Percent To 2 6 Quot The Expected Economic Moderation In Apec Is Line With Lower Projections For Global Economy Earlier This WeekE Saw The International Monetary Fund Revise Downward Its Global Gdp Forecast For 2022 To 3 2 PercentRom 3 6 PercentUot Said Rhea HernandoA Senior Researcher With The Policy Support Unit Quot Sharp Downgrades In Economic Growth For China And UsLong With An Expected Contraction In RussiaEighed On The Apec Region 39s ProspectsUot She Said Global Food And Energy Prices Increased By 23 Percent 60 Respectively In June As Compared Toa Year AgoOntributing Toa Surge In Inflation Across The Apec Region Of 5 4 Percent For Period From January To June This Year Is Highest Rate That Has Seen Since 2008 When It Hit 6 At Height Global Financial Crisis Quot Not Only HighUt It Is Also Becoming Broad Based
Emailed Letters: Aug. 4, 2022 - Vimarsana News

Emailed Letters: Aug. 4, 2022

Oil companies are gouging us at the gas pump

Buhari pledges "better life" for Nigerian judges - Vimarsana News

Buhari pledges "better life" for Nigerian judges

President Muhammadu Buhari in the course of the week promised to address issues of poor welfare and working conditions of judiciary