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UN warns 8 million in Asia-Pacific risk poverty if Iran war drags on

UN warns 8 million in Asia-Pacific risk poverty if Iran war drags on

The United Nations has issued a grim warning about the costs to the Asia-Pacific region of a prolonged conflict in Iran, forecasting job losses, crippling inflation and food insecurity, with the poorest nations brutally exposed to the oil shock and millions of informal workers facing the body blow of rising transport costs. More than 8 million people across the Asia-Pacific could be plunged into p More than 8 million people across the Asia-Pacific could be plunged into p.

Xi calls on Spain to jointly resist ‘law of the jungle’ in a turbulent world

Xi calls on Spain to jointly resist ‘law of the jungle’ in a turbulent world

China and Spain should work closely to resist “the law of the jungle” and defend true multilateralism in a turbulent world caught in “a contest between justice and power”, Chinese President Xi Jinping told visiting Spanish Prime Minister Pedro Sanchez in a meeting on Tuesday. The meeting came after both sides strongly condemned the US-Israel miliary actions on Iran and criticised the US blockade o The meeting came after both sides strongly condemned the US-Israel miliary actions on Iran and criticised the US blockade o.

Nepal’s trekking trade looks east as Iran war disrupts Western tourist flow

Nepal’s trekking trade looks east as Iran war disrupts Western tourist flow

Nepal’s tourism industry is scrambling to offset a sharp fall in Western visitors during the peak spring trekking season, with operators and officials turning their attention to Asia-Pacific markets as conflict-linked travel disruptions ripple through the Middle East. Arrivals from the Americas and Europe, which account for a sizeable share of Nepal’s higher-spending long-haul tourism business, dr Arrivals from the Americas and Europe, which account for a sizeable share of Nepal’s higher-spending long-haul tourism business, dr.

EU to cut funding for Chinese inverters, as quiet offensive replaces grandstanding

EU to cut funding for Chinese inverters, as quiet offensive replaces grandstanding

At a top-level meeting of her 26 department chiefs in March, European Commission President Ursula von der Leyen quietly approved a plan to stop EU funds from going to clean technology projects containing Chinese inverters. Inverters are the essential power electronics at the heart of solar and wind systems. Industry groups estimate that Chinese companies led by Huawei Technologies control more tha Industry groups estimate that Chinese companies led by Huawei Technologies control more tha.

Advisory body to be given power to probe government department heads for serious offences

Advisory body to be given power to probe government department heads for serious offences

A statutory advisory body in Hong Kong will be given new powers as early as June to investigate government department heads over “serious, widespread or systemic” problems, as part of a broader push to institutionalise official accountability. The subsidiary legislation drafted by the Civil Service Bureau, which was submitted to the Legislative Council on Tuesday, sought to grant the Public Servic The subsidiary legislation drafted by the Civil Service Bureau, which was submitted to the Legislative Council on Tuesday, sought to grant the Public Servic.

Hong Kong’s basketball betting U-turn ‘aligns with Beijing gambling clampdown’

Hong Kong’s basketball betting U-turn ‘aligns with Beijing gambling clampdown’

Hong Kong’s sole legal betting operator and lawmakers were caught off guard by the government’s abrupt decision to suspend the rollout of legal basketball betting, which some believe was intended to align with Beijing’s efforts to curb gambling amid a surge in prediction markets. The government confirmed on Monday that it would suspend its plan to launch basketball betting, which had been schedule The government confirmed on Monday that it would suspend its plan to launch basketball betting, which had been schedule.

Turkey school shooting wounds 16, attacker dead

Turkey school shooting wounds 16, attacker dead

A former student opened fire at his former high school on Tuesday in Turkey, where school shootings are rare, wounding 16 people including students before killing himself, officials said. Special security forces were deployed to the school in southeastern Turkey’s Sanliurfa province, where students were evacuated, local governor Hasan Sildak said. Television footage showed ambulances standing by o Television footage showed ambulances standing by o.

Kazakh sovereign fund issues Central Asia’s first panda bond in ‘milestone’ sale

Kazakh sovereign fund issues Central Asia’s first panda bond in ‘milestone’ sale

A leading sovereign wealth fund from Central Asia has cast a vote of confidence in Chinese debt and the country’s currency by becoming the first institution from the region to sell yuan-denominated debt, known as panda bonds, in China’s onshore market. The decision by Kazakhstan’s sovereign wealth fund, Samruk-Kazyna, to sell 3 billion yuan (US$440 million) in China’s interbank market comes as glo The decision by Kazakhstan’s sovereign wealth fund, Samruk-Kazyna, to sell 3 billion yuan (US$440 million) in China’s interbank market comes as glo.

Love and compassion in China: Moroccan student saves drowning woman, long-ago pen pals reunite

Love and compassion in China: Moroccan student saves drowning woman, long-ago pen pals reunite

A Moroccan man studying in eastern China has been hailed as a hero by local residents and received an award for saving a drowning woman from a lake. On the evening of April 6, Ayoub Fadil, 21, a student at Hangzhou Dianzi University in Hangzhou, Zhejiang province and several foreign friends were walking around Jinsha Lake when they noticed a woman floating in the water. A lifebuoy thrown by some r.

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