One fundamental change in India’s policy under Modi has been to avoid directly countering China’s expanding commercial footprint inside India’s neighbouring nations. China has created an added challenge for India in that the southern country’s work with its neighbours appears diminished, even disinterested, in comparison to the high speed delivery of China’s mega projects.
The World Bank has lowered its expectations of global economic growth for this year in a new report. It says that, although the picture for poorer countries is expected to stabilize in 2020, economic momentum remains weak.
Photo: World Bank
Tokyo: Japan is arranging for Prime Minister Shinzo Abe to visit Iran in the near future, Japan’s government spokesman said on Thursday, although details of the trip are being worked out.
Photo: Japan Times