Floods Hurt Australian GDP Growth Forecast, Push Up Vegetable Prices

CANBERRA, Oct 21 (NNN-AAP) – Flooding in Australia’s south-east will harm the country’s projected economic growth, the treasurer confirmed. Ahead of handing down his first federal budget on Tuesday, Jim Chalmers, today said, modelling suggests, floods in Tasmania, New South Wales and Victoria will wipe 0.25 percent off, gross domestic…

9,065 Families Voluntarily Moved Out Of Cambodia’s Famed Angkor Area So Far: PM

SIEM REAP, Oct 21 (NNN-AKP) – At least 9,065 families, living in illegal structures in the 401-square-km Angkor Archaeological Park, have so far volunteered to resettle at new designated areas, Cambodian Prime Minister, Samdech Techo Hun Sen, said today. The relocated sites are situated in the Run Ta Ek eco-village…

Cambodia, Timor-Leste Signed Deals To Boost Bilateral Ties

PHNOM PENH, Oct 21 (NNN-AKP) – Cambodia and Timor-Leste, yesterday, signed two deals to boost bilateral ties and cooperation, a Cambodian senior official said. Cambodian Prime Minister, Samdech Techo Hun Sen, and visiting Timor-Leste President, Jose Ramos-Horta, presided over the signing ceremony of the documents, after their meeting at the…

Japanese Yen Slumped To 32-Year Low Vs. U.S. Dollar, Nikkei Ended Lower On U.S. Recession Woes

TOKYO, Oct 21 (NNN-NHK) – The Japanese yen dropped past the psychologically important 150-level versus the U.S. dollar yesterday, marking the first time the currency has dropped to this level since 1990. Market analysts here said, the U.S. dollar was bought on continued speculation the U.S. Federal Reserve will forge…

Irish PM Urged UK To Support Peace, Stability In NI

DUBLIN, Oct 21 (NNN-XINHUA) – Irish Prime Minister, Micheal Martin, yesterday called on the British government to work together, to support peace and stability in Northern Ireland (NI). Martin made the remarks, after the announcement of British Prime Minister, Liz Truss’s resignation earlier in the day. “Working together to protect…

Hungarian Gov’t Determined To Protect EU-China Economic Cooperation: FM

BUDAPEST, Oct 21 (NNN-XINHUA) – Hungary rejected all proposals that would damage economic cooperation between the European Union (EU) and China, Minister of Foreign Affairs and Trade, Peter Szijjarto, said here, yesterday. “There is a serious issue on the European agenda, and this is the possible destruction of the European-Chinese…

Turkish Central Bank Made Biggest Rate Cut This Year

ANKARA, Oct 21 (NNN-XINHUA) – The Turkish central bank, cut the benchmark rate by 1.5 percentage points to 10.5 percent yesterday, a major decrease this year, despite high inflation. “It is critically important that financial conditions remain supportive, to preserve the growth momentum in industrial production, and the positive trend…

Malaysia’s Exports Climbed 30.1 Percent In Sept

KUALA LUMPUR, Oct 20 (NNN-BERNAMA) – Malaysia’s exports increased by 30.1 percent to 144.31 billion ringgit (30.57 billion U.S. dollars) in Sept, from a year ago, official data showed. The export growth was contributed mainly by robust external demand for electrical and electronic (E&E) products, petroleum products, liquefied natural gas…

Feature: Agrotechnicians’ Hard Work Helps Increase Cotton Yield, Quality In Egypt

by Mahmoud Fouly KAFR EL-SHEIKH, Egypt, Oct 20 (NNN-XINHUA) – Bathed in the warm sun and pleasant breezes of the Mediterranean, cotton bolls bloomed on the research farm of Sakha Agricultural Research Station, in Kafr El-Sheikh in the Nile Delta region of northern Egypt. A dozen cotton pickers were hard…

CPEC Projects To Bring Industrial Boom To Pakistan: PM

ISLAMABAD, Oct 20 (NNN-APP) – Pakistani Prime Minister, Shahbaz Sharif, said yesterday that, his country is going to witness an industrial boom, as the China-Pakistan Economic Corridor (CPEC) is set to enter the next business-to-business mode, after the productive government-level phase. “The government has been completing the CPEC projects on…
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