Wednesday , December 25 2024

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ADB cuts developing Asia growth projection on China slowdown

ADB cuts developing Asia growth projection on China slowdown

The Asian Development Bank trimmed its economic growth forecast for developing Asia on Wednesday, with China’s pandemic lockdowns, slowing global demand and the Ukraine war seen as limiting the region’s prospects. The Philippines-based lender cut its 2022 forecast to 4.2%, down marginally from a 4.3% projection made in September. Prospects …

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Saigon River tunnel under repair

The Saigon River Tunnel that connects the HCMC’s downtown District 1 with Thu Duc City is under a one-month repair after being used for 11 years. Work to repair the tunnel surface has been going on for two weeks and is scheduled to complete at the end of December. The …

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Biden signs same-sex marriage protections into law

Biden signs same-sex marriage protections into law

U.S. President Joe Biden on Tuesday signed into law a bill granting federal protections to same-sex marriage, with a large crowd of guests gathered at the White House to celebrate the legislative milestone. Biden — who as vice president took a public stand in favor of same-sex unions well before …

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Northern Vietnam braces for freezing cold front

Northern Vietnam is forecast to be hit by its strongest cold front this winter on Friday, when temperatures in mountainous areas are expected to drop below zero degrees Celsius. The temperature in Hanoi will be 13-19 degrees on Saturday and will fall to 8-17 degrees early next week, according to …

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Woman killed by car while crossing expressway

A woman was killed when a car slammed into her while she was crossing an expressway in northern Vietnam. The accident happened at around 3:15 p.m. on December 9 when the woman was crossing the Hanoi-Lao Cai Expressway, which connects the Vietnamese capital with the mountainous resort town Sa Pa. …

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