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Added on the 18/05/2020 10:46:51 - Copyright : AFPTV - First images
The OECD raises its global economic growth forecast for 2024, driven by strong performances in the United States and emerging countries while Europe lags behind. The US economy -- the world's biggest -- is now expected to expand 2.6 percent in 2024, up from the 2.1 percent previously expected. But the OECD expects timid growth of 0.7 percent in the eurozone, slightly better than the 0.6 percent previously expected. SOUNDBITE
Britain will gradually boost its defence spending to 2.5 percent of GDP by 2030, Prime Minister Rishi Sunak announces during a visit to Poland. "Over the next six years, we'll invest an additional 75 billion pounds in our defence," Sunak says alongside Jens Stoltenberg, NATO chief. SOUNDBITE
TSMC'S new chip plant in Japan will help to boost the resiliency of global chip supplies, the semiconductor giant's founder Morris Chang said Saturday. The factory "will, I believe, improve the resiliency of chip supply for Japan and for the world," the 92-year-old said at the opening ceremony, in a rare public appearance. SOUNDBITE
The World Economic Forum's annual meeting is in full swing, with journalists and participants alike descending on the glitzy Swiss alpine ski resort of Davos for the yearly gathering of global elites. IMAGES
Redoubling support for war-stricken Ukraine is the "single best" way to aid the global economy, US Treasury Secretary Janet Yellen says on the sidelines of a G20 finance minister summit in India. SOUNDBITE
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