Explainer-What are solid-fuel missiles, and why is North Korea developing them?
By Hyonhee Shin SEOUL (Reuters) – North Korea launched a suspected intermediate-range ballistic missile (IRBM) on Tuesday, in what South Korean officials said could be related to its development of a new…
Explainer-What are solid-fuel missiles, and why is North Korea developing them?
By Hyonhee Shin SEOUL (Reuters) – North Korea test-fired a intercontinental ballistic missile (ICBM) powered by solid fuel on Monday, South Korean officials said, in what would be the third such test…
Developing countries spent record $443.5 billion to service public debts in 2022- World Bank
By Andrea Shalal WASHINGTON (Reuters) – Developing countries spent nearly half a trillion dollars to service their external public and publicly guaranteed debt in 2022, draining funds from critical health, education and…
Developing Asia to end 2023 on brighter note as China’s economy recovers – ADB
MANILA (Reuters) – Developing Asia will likely end the year on a brighter note, the Asian Development Bank said on Wednesday, with growth in the region expected to be stronger than previously…
Fed developing extra ‘stress test’ scenarios to test for bank weaknesses: official
By Pete Schroeder WASHINGTON (Reuters) -The U.S. Federal Reserve is developing additional scenarios to probe for weaknesses in large banks as part of its 2024 stress test, its top regulatory official said…
World leaders to meet at UN as big powers vie for developing states
By Michelle Nichols UNITED NATIONS (Reuters) – World leaders meet at the United Nations next week in the shadow of geopolitical tensions – largely fueled by the war in Ukraine – as…
Top EU official warns West needs to act to avoid losing developing world’s trust
By Marc Jones LONDON (Reuters) – The head of the European Union’s powerful lending arm has warned the West is at risk of losing the confidence of the global south, with China…
Cryptoassets increase risk in developing economies, study says
NEW YORK (Reuters) – Cryptoassets, peddled as the future of finance, have not only failed to deliver on their promise but are themselves adding to financial risks in developing economies, according to…
Developing Asia on track to grow faster in 2023 – ADB
MANILA (Reuters) – Developing Asia is on track to grow faster in 2023 from a year earlier as strong consumption and investment offset the impact of weak global demand, the Asian Development…
G20 to discuss international debt architecture, more loans to developing nations
By Shivangi Acharya and Sarita Chaganti Singh NEW DELHI (Reuters) – Global finance chiefs will meet in India next week to discuss increasing loans to developing nations from multilateral institutions, reforming the…
Explainer-What are solid-fuel missiles, and why is North Korea developing them?
By Hyonhee Shin SEOUL (Reuters) – North Korea’s Hwasong-18 intercontinental ballistic missile (ICBM), launched for the second time on Wednesday, uses solid-fuel technology, giving it the capability to launch with little preparation.…
What Was NASA’s Role In Developing The Doomed Titan Sub?
What Was NASA’s Role In Developing The Doomed Titan Sub? Jake Smith on June 26, 2023 The National Aeronautics and Space Administration (NASA) had a deal with submersible company OceanGate to collaborate…
The UN Is Developing International Censorship Standards
The UN Is Developing International Censorship Standards Jason Cohen on June 13, 2023 The United Nations (U.N.) is working on a worldwide code of conduct that calls on governments and online platforms…
Factbox-Ukraine wants F-16 jets – how is coalition developing for training pilots?
(Reuters) – President Volodymyr Zelenskiy renewed his appeal on Wednesday for U.S.-built F-16 fighter jets, saying their appearance with Ukrainian pilots would be a sure signal from the world that Russia’s invasion…
ADB head: Developing Asia’s growth robust, tightening global finances a risk
(Reuters) – Asia’s developing economies have seen “very robust” growth but face risks from tightening global financial conditions due to rapid U.S. and European interest rate hikes, Asian Development Bank (ADB) President…
Microsoft developing its own AI chip – The Information
(Reuters) – Microsoft Corp is developing its own artificial intelligence chip code-named “Athena” that will power the technology behind AI chatbots like ChatGPT, the Information reported on Tuesday, citing two people familiar…
US forecaster sees 62% chance of El Niño developing during May-July
By Ashitha Shivaprasad (Reuters) -A U.S. weather forecaster on Thursday predicted a 62% chance of the El Niño phenomenon developing in the Northern Hemisphere during May-July, and a strong chance toward end-year,…
China’s reopening brightens developing Asia’s 2023 growth outlook – ADB
By Karen Lema MANILA (Reuters) – Developing Asia will grow faster than previously thought this year, underpinned by a stronger-than-projected rebound in China, but risks from global banking turmoil could weigh on…
China urges global lenders’ involvement in developing nations’ debt
NEW DELHI (Reuters) -Chinese Foreign Minister Qin Gang called on global financial institutions on Thursday to play an active role in restructuring the debt of developing countries. China, the world’s largest bilateral…
Developing countries’ debt troubles in focus at G20 talks, says Germany’s Lindner
BERLIN (Reuters) – The outlook for the global economy and the situation of highly indebted countries will be the main topics of discussion at the Group of 20 (G20) meetings taking place…
ADB trims growth outlook for developing Asia as headwinds persist
By Karen Lema MANILA (Reuters) – The Asian Development Bank cut its growth forecasts for developing Asia for this year and next as the region faces persistent headwinds from the Russia-Ukraine conflict,…
SAP to stop developing new functions for Business ByDesign software -Handelsblatt
BERLIN (Reuters) – Software maker SAP will not develop any new functions for its Business ByDesign software for small and medium-sized firms from the second quarter of 2023, German daily Handelsblatt reported…
Biden To Hand Out Billions To Stop Developing Country From Using Coal
Biden To Hand Out Billions To Stop Developing Country From Using Coal Jack McEvoy on November 15, 2022 President Joe Biden and Indonesian President Joko Widodo on Tuesday announced a climate deal…
Explainer-North Korea is developing ICBMs. What are they?
By Hyonhee Shin SEOUL (Reuters) – North Korea has dramatically ramped up missile tests this year and tested an intercontinental ballistic missile (ICBMs) on Thursday, as part of efforts to develop a…
Ukraine war, higher rates to limit growth in developing Asia – ADB
By Karen Lema MANILA – The Asian Development Bank (ADB) on Thursday slashed its growth forecasts for developing Asia for this year and next, reflecting the economic fallout from Russia’s war in…
Orion raises outlook after Merck deal on developing prostate cancer drug
(Reuters) -Finnish drug maker Orion on Wednesday raised its full year outlook after it signed a collaboration agreement with Merck aimed at developing a prostate cancer drug, sending its shares to two-year…
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