The World Bank maintained its prediction of 4.8% GDP growth for China in 2024 and raised its 2025 forecast to 4.3% from the previous 4.1% projection in June. The WB stated in a report on the Asian region that despite the progress made, there is an expected deceleration in China's economy in 2025 due to ongoing issues in the real estate market, weak consumer and business confidence, and structural...

New York has maintained its position as the top financial center worldwide, as determined by the Z/Yen Group Ltd.'s Global Financial Centres Index (GFCI). New York has maintained its top position in the ranking since autumn 2018. In comparison to the last rating in March, New York's score decreased by one point to 763, while London, in second place, saw an increase of three points, bringing its...

A survey conducted by Edelman Financial Engines in the US revealed that only 33% of millionaires believe they are wealthy. The study took place between June and July with over 3 thousand Americans aged over 30, and the income of 1.5 thousand participants ranged from $ 500 thousand to 3 million. Only 12% of those surveyed think of themselves as affluent. Wealthy Americans continue to grow...

The escalation of the conflict between Israel and the Lebanese movement Hezbollah has sparked concern in the U.S. and several other countries, leading them to urge for tensions to be reduced in the Middle East. American President Joe Biden stated that he received information regarding "the most recent updates in Israel and Lebanon" and mentioned that the US was taking steps to bring stability to...

Ursula von der Leyen announced in Wroclaw that 10 billion euros from the European Cohesion Funds will be allocated to EU countries impacted by floods for disaster. She went to the city with the leaders of Poland, Slovakia, the Czech Republic, and Austria. “These are exceptional circumstances, and exceptional circumstances require exceptional actions. Initially, it is possible to access 10 billion...

Amid explosions in Lebanon, , which resulted in the injury of the Iranian ambassador to Beirut, the US State Department advised Tehran against actions that may worsen tensions in the Middle East. State Department spokesman Matthew Miller said Iran should not exploit the situation to create more instability and raise tensions in the region. He pointed out that the US is not involved in the...

The FBI has verified that the shooting in Florida is being treated as an attempt on the life of presidential candidate Donald Trump. An individual believed to be involved has been captured. The Secret Service said that its officers shot at a man with a weapon outside the ex-president's golf club. The FBI stated that their experts have reacted to the incidents in West Palm Beach and are looking...

On Thursday, Iran's Foreign Ministry called the ambassadors of France, Britain, Germany, and the Netherlands over new anti-Iran sanctions and criticism from some European countries about Iran's alleged involvement in the conflict in Ukraine, writes Mehr newspapeer. The ambassadors were notified by the Foreign Ministry that Tehran would provide a suitable reaction to the West's negative stance...

A sizable portion of the U.S. populace thinks that US Vice President Kamala Harris prevailed over former US President Donald Trump in the presidential debate, show the findings of a poll carried out by the sociological service YouGov. According to the results of the ABC News debate, 43% of participants thought that Harris had performed better than Trump. However, 28% of those surveyed think that...