World Bank: Global GDP to climb 2.1% in 2023

World Bank: Global GDP to climb 2.1% in 2023

(VOVWORLD) -The World Bank on Tuesday raised its 2023 global growth forecast as the US and other major economies have proven more resilient than forecast, but said higher interest rates...
Bank lifelines ease global financial crisis fears

Bank lifelines ease global financial crisis fears

(VOVWORLD) - Multi-billion dollar lifelines for troubled U.S. and European banks shored up investor confidence on Friday and bolstered sentiment in battered stocks, although concerns now centre on whether...
China releases Global Security Initiative

China releases Global Security Initiative

(VOVWORLD) -China released the Global Security Initiative Concept Paper on Tuesday at the Lanting Forum in Beijing, advocating the principle of resolving disputes through dialogue and rejecting power politics