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Friday morning's release of Q4 GDP officially put the deepest recession since WWII in the rear-view mirror. After eleven straight quarters below peak levels, chain weighted GDP finally dug itself out of the hole and hit new all-time highs

China is planning a considerable expansion of its foreign aid programs with a particular focus on infrastructure projects in countries along the land and maritime Silk Road trading routes, government officials said on Monday. The country is planning to initiate a number of strategically important aid projects to help improve transportation, energy and telecommunications in those countries, according to the Ministry of Commerce, which is responsible for administrating the country's foreign aid programs. Projects involving construction and improvement of roads, railways, ports and airports are already being implemented in countries including Laos, Myanmar, Nepal and in Central Asia, Yu Zirong, deputy director-general of the foreign aid department at the ministry, told a news conference in Beijing. "China's growing future foreign aid program will be tilted toward neighboring countries and those in the Silk Road region," Yu said. The planned shift in direction for Chinese foreign aid is a direct result of President Xi Jinping's proposed national strategy to revive the centuries-old trading routes connecting Asia and Europe, experts said. The newly created 40 billion yuan ($6.5 billion) Silk Road fund and the Beijing-initiated Asian Infrastructure Investment Bank are expected to facilitate China's foreign aid programs in the future, they said. "Such a shift indicates that China will be more inclined to offer assistance to Asia and neighboring countries," said Wang Luo, a researcher at the Chinese Academy of International Trade and Economic Cooperation. "It does not mean that the percentage of China's foreign aid to Africa will drop. It just means that Asia and countries along the Silk Road will get a greater share as China grows its aid spending," she said. Africa has been the largest recipient of China's foreign aid with more than half of spending directed at the continent between 2010 and 2012, according to a policy paper issued in June. China spent 89.34 bill

Natalia Gordienko Concert Song Contest 2021 at a glamorous in Moscow Today saw the official premiere of the 2021 Moldovan Eurovision entry 'Sugar' along with its official music video. The premiere was held at the Crave Theatre in Moscow with a bevy of Russian celebrities and stars attending the event... #news #singer #nataliagordienko #concerts #singingcontest #trendbuddies #premier #cravetheatre https://trendbuddies.com/natalia-gordienko-concert-song/

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PUNE: A change in regulations on pesticide residue levels in grapes proposed by the European Union (EU) is likely to pose problems for the export of Indian grape to these countries in the coming season. Top officials of the Maximum Residue Level (MRL) Committee met in Pune, along with senior officials of the Union Commerce Department, APEDA at the National Research Centre for Grapes, has decided to approach the EU to file a say on behalf of Indian exporters, senior officials said. In 2010, Indian grape exports faced a setback, with EU reluctant to accept Indian table grape consignments as chlormequat chloride - a plant growth regulator - was detected in excess of the prescribed maximum residue level (MRL).

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Microsoft Office apps are now officially available for Android smartphones on Google Play Store.

The Italian government may cut the salaries of public servants by 10 percent and politicians by 15 percent, in a bid to reduce the country's deficit.

For the special fund meeting to be held four days later, US and North Korean officials are stepping up their preparations, but President Trump, one of the protagonists, seems very free and easy. According to the American political news website Politico reported on June 7, Trump said on that day

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