USA: Little progress has been made in curbing too high inflation, Fed’s Jefferson says

WASHINGTON (AP) — Federal Reserve governor Philip Jefferson said Friday that inflation remains too high and there has been “little progress” made toward bringing it down to the central bank’s 2% target, a pessimistic assessment given signs in a report earlier this week that price increases might be slowing.

Chinese Fiberglass Giant Donates Cutting-Edge Research Device To Egypt

CAIRO, May 13 (NNN-MENA) – China’s fiberglass giant, Jushi Group, donated a cutting-edge research device to Egypt’s National Research Centre (NRC), in a bid to strengthen scientific and technological cooperation in the fiberglass industry.

The device, an Inductively Coupled Plasma Spectrometer (ICP), is an important tool that can provide powerful qualitative and quantitative analysis of the mineral composition of glass fiber.

A ceremony was held to mark the donation, at the factory of Jushi Egypt, for Fiberglass Industry S.A.E. in the Suez Governorate, in northern Egypt.

Chaos on Mexico border averted, for now, as US turns page in migration rules

EL PASO, Texas (AP) — The U.S. turned the page on pandemic-era immigration restrictions with relative calm at its border with Mexico as migrants adapted to strict new rules aimed at discouraging illegal crossings and awaited the promise of new legal pathways for entering the country.

Campaigning in Turkey’s pivotal elections nearing end

ISTANBUL (AP) — Turkish politicians were holding final rallies in the last hours of campaigning on Saturday, the eve of pivotal presidential and parliamentary elections that could significantly shape the NATO member’s future.

President Recep Tayyip Erdogan, who is facing the toughest challenge ever in his two decades of power, was speaking at neighborhood rallies in Istanbul, Turkey’s biggest city.

Israel, Islamic Jihad signal no Gaza truce soon

GAZA/JERUSALEM, May 13 (Reuters) - Israel on Saturday ruled out an immediate truce in Gaza, saying the onus was on Palestinian militants to stop launching rockets from an arsenal it suggested could be depleted within days, while its aircraft kept up strikes in the enclave.

"We're not holding ceasefire talks," National Security Adviser Tzachi Hanegbi told a municipal event near Jerusalem, adding that Israel's top priority for now was firing on militants.

Pakistan to start exporting boiled meat to China soon: Commercial Councilor

BEIJING, May 13 (APP): With a huge potential to export meat, Pakistan is all set to start exporting boiled meat to the Chinese market in the near future, Commercial Councilor, Pakistan Embassy, Beijing said on Saturday.

“China had agreed to import meat from Pakistan during Prime Minister Shehbaz Sharif’s visit to Beijing in November last. Now, both sides are in the process of exchanging documents and hopefully, the agreement would be implemented in a month,” he told APP.

5 taken to hospital after car crashes into store in central Japan

TOKYO, May 13 (Xinhua) -- Five people were taken to the hospital Saturday after a car plowed into a supermarket in central Japan, according to local police.

At about 9:45 a.m. local time, a passenger car driven by an 80-year-old man slammed into the front of a supermarket in Inazawa of Aichi Prefecture.

Local police reported that all five individuals injured in the incident were female and aged between 60s and 70s. While one of them sustained serious injuries, the remaining four suffered only minor injuries.

Sweden:EU increases military spending by 30% since 2014 — Borrell

STOCKHOLM, May 13. /TASS/: The European Union’s military spending has increased by 30% since 2014, EU High Representative for Foreign Affairs and Security Policy Josep Borrell said, opening the EU-Indo-Pacific Ministerial Forum on Saturday.

He noted that, since 2014, the EU’s military spending has grown by 30% while this trend is even more pronounced in the Asia-Pacific region where the military spending has increased by 40% versus 2013.

Indian billionaire Ambani's JioCinema unveils pricing in fight with Netflix, Disney

NEW DELHI, May 13 (Reuters) - Indian billionaire Mukesh Ambani’s streaming platform JioCinema announced premium pricing of 999 Indian rupees ($12) a year, its first step to move away from a free content model to fight global rivals such as Netflix and Disney in the country.

The move comes weeks after a Reliance's Viacom18 struck a content deal with Warner Bros (WBD.O), that will make available popular HBO and Warner titles such as "Succession" and those featuring the character Harry Potter on the JioCinema platform.

Ghana: IMF lauds Ghana's official creditors for granting financing assurances

ACCRA, May 13 (Xinhua) -- The International Monetary Fund (IMF) lauded the decision by Ghana's official creditors to grant the West African country their financing assurances, said a press release late Friday.

"I welcome the statement from the Official Creditor Committee for Ghana on the importance of an IMF-supported economic program, together with its commitment to negotiate debt restructuring terms accordingly," said Kristalina Georgieva, managing director of the IMF.

Latest polls indicate over 49% support for Kilicdaroglu in Turkey’s election — source

ANKARA, May 13. /TASS/: The latest public opinion polls conducted by the opposition indicate that support for Kemal Kilicdaroglu has surpassed 49%, a high-ranking source in the opposition told a TASS correspondent on Saturday.

"According to the latest data from our surveys, Kemal Kilicdaroglu is garnering more than 49%. That is, that’s right on the edge. I am confident that in the first round, or at the very least, in the second, if it comes to that, he will definitely win," the source said.

Tens of thousands march against Serbia’s populist leadership following mass shootings

BELGRADE, Serbia (AP) — Tens of thousands of people marched through the Serbian capital, Belgrade, and blocked a key bridge Friday in the second large protest since two mass shootings that rattled the Balkan country and killed 17 people, including many children.

Protesters gathered in front of the Parliament building before filing by the government’s headquarters and onto a highway bridge spanning the Sava River, where evening commuters had to turn their vehicles around to avoid getting stuck. At the head of the column was a black banner reading “Serbia Against Violence.”

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