USA

New York, Jan 2 (PTI) External Affairs Minister S Jaishankar has said that Europe has imported six times the fossil fuel energy from Russia than India has done since February 2022 and if a USD 60,000-per-capita society feels it needs to look after itself, “they should not expect a USD 2,000-per-capita society to take a hit.”

UNITED NATIONS, Jan 02 (APP):India’s abstention on a UN General Assembly’s landmark resolution calling on the International Court of Justice (ICJ) to give an opinion on the legal consequences of Israel’s illegal occupation of Palestinian territories, reflected New Delhi’s drive to pursue Israeli model of demographic engineering in Indian Illegal Occupied Jammu and Kashmir (IIOJK) to turn Muslim majority into a minority, diplomats said.

WASHINGTON, Jan 2 (NNN-AGENCIES) — A third of the global economy will be in recession this year, the head of the International Monetary Fund (IMF) has warned.

Kristalina Georgieva said 2023 will be “tougher” than last year as the US, EU and China see their economies slow.

It comes as the war in Ukraine, rising prices, higher interest rates and the spread of Covid in China weigh on the global economy.

“We expect one third of the world economy to be in recession,” Georgieva said on the CBS news programme Face the Nation.

SACRAMENTO, Calif. (AP) — Residents of a Northern California community were ordered to evacuate ahead of imminent flooding, and evacuation warnings were in place elsewhere in rural parts of the region on New Year’s Day after a powerful storm brought drenching rain or heavy snowfall to much of the state, breaching levees, snarling traffic and closing major highways.

NEW YORK (AP) — Both political parties are opening the new year confronting critical questions about the people and policies they want to embrace as the next election speeds into view.

Washington, Jan 2 (PTI) A third of the global economy will be in recession this year, the IMF chief has said, and warned that 2023 will be "tougher" than last year as the US, EU and China will see their economies slow down.

UNITED NATIONS, Jan 1 (NNN-XINHUA) – The General Assembly on Friday approved an annual regular budget for the United Nations of about 3.396 billion U.S. dollars.
 
   The 2023 budget is higher than that of 2022, which stood at 3.122 billion dollars.
 
   The regular budget covers UN activities across a range of areas, including political affairs, international justice and law, regional cooperation for development, human rights and humanitarian affairs, and public information.
 

NEW YORK, Dec. 30 (Xinhua) -- U.S.-listed Chinese companies traded mostly lower on Friday, with nine of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.

Shares of NIO and Yum China Holdings dipped 2.4 percent and 2.24 percent, respectively, leading the laggards in the top 10 stocks.

Shares of Li Auto went up 4.67 percent, the lone advancer in the top 10 stocks.

Wall Street's major indexes dropped on Friday to finish the worst year since 2008.

WASHINGTON (AP) — Eva Guzman’s expenses have swelled, but she feels comfortable financially thanks to the savings she and her late husband stockpiled for a rainy day. Nevertheless, the 80-year-old retired library clerk in San Antonio limits trips to the grocery store, adjusts the thermostat to save on utilities and tries to help her grandchildren and great-grandchildren get what they need.

WASHINGTON (AP) — Donald Trump began 2022 on a high. Primary candidates were flocking to Florida to court the former president for a coveted endorsement. His rallies were drawing thousands. A bevy of investigations remained largely under the radar.

One year later, Trump is facing a very different reality.