Sunday , May 19 2024

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New funding to end elephant rides at Vietnam tourism sites

Dak Lak Province, home to Vietnam’s largest elephant population, will aid tourism sites in ending elephant rides by 2026. The provincial administration has agreed to spend VND55 billion ($2.2 million) to help local tourism sites become more elephant-friendly and end all riding services. The fund, drawn from Animals Asia Foundation …

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IMF says global economic outlook getting ‘gloomier’, risks abound

IMF says global economic outlook getting 'gloomier', risks abound

The global economic outlook is even gloomier than projected last month, the International Monetary Fund said on Sunday, citing a steady worsening in purchasing manager surveys in recent months. It blamed the darker outlook on tightening monetary policy triggered by persistently high and broad-based inflation, weak growth momentum in China, …

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