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Maritime sector to decide on plan to cut emissions opposed by US
Maritime sector to decide on plan to cut emissions opposed by US
Economy
by  AFP

Member states of the International Maritime Organization will decide on Friday whether to formally adopt a plan to cut carbon emissions in the face of opposition from the United States. "I am outraged that the International Maritime Organization is voting in London this week to pass a global Carbon Tax," US President Donald Trump wrote on his Truth Social platform Thursday.

Asian stocks fall with Wall St as US credit fears add to worries
Asian stocks fall with Wall St as US credit fears add to worries
Economy
by  AFP

Asian stocks tracked losses on Wall Street on Friday amid fresh credit market fears that compounded worries about trade tensions, a possible tech bubble and the US government shutdown. Crude prices extended losses on worries about China-US tensions, with selling also coming from news that Trump will meet Russian counterpart Vladimir Putin to discuss ending the conflict in Ukraine.

China's economic growth slowed to 4.8% in third quarter: AFP poll
China's economic growth slowed to 4.8% in third quarter: AFP poll
Economy
by  AFP

China's economy likely grew at its slowest pace in a year last quarter, according to an AFP survey, dragged down by lacklustre demand and a crisis in the crucial property sector, compounded by a trade war with the United States. The survey of analysts by AFP forecasts the world's number two economy expanded 4.8 percent on-year in July-September.