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World Bank warns of recession as Ukraine war hits economies already rocked by Covid
The risk of high inflation and low growth -- so -- called "stagflation" -- is also higher, World Bank President David Malpass said. Energy and food bills have been rising around the world. "The war in Ukraine, lockdowns in China, supply-chain disruptions, and the risk of stagflation are hammering growth. For many countries, recession will be hard to avoid," Malpass said, BBC reported.
Iran urges IAEA to avoid 'politicising' nuke programme
Kazem Gharibabadi, deputy chief of the Iranian Judiciary and a former envoy to the IAEA, was quoted by the Iran's Press TV as saying that Iran has cooperated with the agency "in good faith and with transparency" and has provided "adequate explanations" to the IAEA's questions, Xinhua news agency reported.
Hungarian diplomat elected new president of UN General Assembly
Korosi was elected by acclamation at a General Assembly plenary session on Tuesday, as his candidacy was not contended, Xinhua news agency reported. He will take up the new post in September 2022, to succeed current General Assembly President Abdulla Shahid of the Maldives.
2 dead in German supermarket shooting
The shots were fired in the supermarket at around 1 p.m. on Tuesday, said the police. A man first shot a woman in the supermarket and then killed himself, Xinhua news agency reported while referring to local media. According to the police, no other people were injured, and there is currently no evidence of the third-party involvement.
Long queues at Islamabad, Rawalpindi petrol pumps after oil companies stop supply
A representative of the petrol pump association said that the supply has been stopped and tankers have lined up outside oil depots for refilling, Geo News reported. The official asked the OMCs to restart the supply of petroleum products as if the reserves of the petrol pumps run out, then businesses will be severely affected. "We are in talks with oil supply companies regarding the matter," he added.
China secretly building foreign base in Cambodia
The facility, occupying a portion of Cambodia's Ream Naval Base on the Gulf of Thailand, is set to become only China's second foreign outpost after the opening of a base in the East African nation of Djibouti in 2017, a Western official claimed, speaking on condition of anonymity, RT reported. The base is reportedly located to the west of the South China Sea, where Beijing has overlapping territorial claims with several countries.
Polio outbreak in Pakistan worsens
Eight polio cases have now been reported in children over the past month in North Waziristan district, bordering Afghanistan, the Guardian reported. They are the first cases in more than a year. This new outbreak, officials believe, is due to parents falsely marking themselves and their children as vaccinated, and the government has launched an investigation into the outbreak.
China advances plans for space solar power plant
The nation, earlier, aimed to put a 1 megawatt solar energy station in space by 2030. According to the updated plan, published in the peer-reviewed journal Chinese Space Science and Technology, a satellite will be launched in 2028 to test wireless power transmission technology from space to the ground from an altitude of 400km, the South China Morning Post reported.
Hubble spots largest near-infrared image to find universe's rarest galaxies
To image an expansive patch of sky, the researchers led by those at the University of Toronto employed a new technique with Hubble known as Drift And SHift (DASH). DASH creates an image that is eight times larger than Hubble's standard field of view by capturing multiple shots that are then stitched together into one master mosaic, similar to taking a panoramic picture on a smartphone.
Pakistan issues visas to Sikh pilgrims
The issuance of visas is covered under the framework of the Pakistan-India Protocol on Visits to Religious Shrines of 1974, The Express Tribune quoted the statement as saying. "Every year, a large number of Sikh yatrees from India visit Pakistan to observe various religious festivals/occasions. The visas issued from New Delhi are in addition to the visas granted to Sikh pilgrims participating in these events from other countries."
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