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OECD: lowest global growth rate in a decade

The global economic growth is set to slow down to its lowest levels in a decade. The Organisation for Economic Cooperation and Development has cut its world forecast to 2.9% this year before a predicted 3.0% in 2020 Laurence Boone, OECD Chief Economist: "I think we should be pretty worried at this point because the downward revision that we have made is very broad based.

Why Asia's 'Zero Covid' strategy could backfire

Governments across Asia have staked their pandemic success on eliminating the coronavirus — a "Zero Covid" strategy. But as people in the West begin to experience a pre-Covid normal, countries across Asia will go through yet another season of closed borders.

Australian police swoop in global encrypted phone sting

Australian police raid properties and seize evidence in the eastern state of New South Wales as part of a three-year global operation to infiltrate criminal groups with FBI-operated encrypted phones, resulting in hundreds of arrests worldwide.

Chinese market remains attractive for foreign companies

Foreign companies which have been doing business in China for many years still found Chinese market attractive not only because of the improved level-playing field but also the next significant competitors which are likely to be from the country.

Guatemala: Harris announces new anti-corruption task force

US Vice President Kamala Harris announced a new anti-corruption task force, as well as tougher measures against drug smuggling and human trafficking, during her visit to Guatemala, on Monday. Speaking at a joint conference with Guatemalan President Alejandro Giammattei, in Guatemala City, Harris said one of the priorities of the Biden administration is to tackle corruption.

Families visit Santiago General Cemetery as Chile virus deaths rise

Families visit deceased loved ones in the Santiago General Cemetery, Chile's oldest and one of the largest in Latin America with an estimated two million graves over 85 hectares. Chile has surpassed a total of 30,000 coronavirus deaths and announced the extension of border closures until the end of June.

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