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EU unveils strategic partnership with GCC

May 18, 2022 Web Desk 0

The High Representative and the European Commission today adopted a Joint Communication on a ‘Strategic Partnership with the Gulf’ with the aim to broaden and deepen the European Union (EU)’s cooperation with the Gulf Cooperation Council (GCC) and its …

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UN downgrades global economic growth outlook

May 18, 2022 Web Desk 0

The global economy is expected to grow by only 3.1 percent this year, down from the 4.0 percent projected in January, largely derailed by the war in Ukraine, according to the UN’s latest World Economic Situation and Prospects (WESP) report, launched on…