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Showing posts with the label international

Worried about a world recession? Watch the US: Fitch Ratings

The next world economic downturn is most likely to come from the U.S., Fitch Ratings' chief economist has warned. "The risk of a global recession ... the first place I would look for that would be the U.S. and there is definitely some weakness in their economy," Brian Coulton said at a Fitch conference in London. As the world's largest economy, the health of the U.S. is viewed as crucial to the success of the world's economy. In July, the International Monetary Fund cut its global growth forecast for 2016 to 3.1 percent from 3.2 percent and its U.S. outlook to 2.2 percent from 2.4 percent. A global recession is not Fitch's base-case scenario, although Coulton noted that economic growth since the financial crisis of 2007-08 had been weak. "It has been a sub-par recovery … It has been disappointing … but we haven't seen the sort of things that would drive a recession," he said. Coul

Costa Rica withdraws UN chief candidacy

Costa Rican diplomat Christiana Figueres said Monday she has withdrawn her candidacy for the top post at the United Nations, after failing to find sufficient support at the Security Council. “All of the (straw) polls at the Security Council indicate that my candidacy does not have much future,” Figueres said at a press conference alongside Foreign Minister Manuel Gonzalez. Gonzalez added: “You have to read the signs.”  Figueres expressed hope that the United Nations would choose a woman to replace Secretary General Ban Ki-moon, who has been in office since 2007 and whose second term ends December 31. Gonzalez said that Costa Rica has pressed for a woman to lead the world body, even before tapping Figueres, and will continue to work toward that goal. The world body has never had a female leader in its 70 years. Figueres, who threw her hat in the ring in July, headed the negotiations that led to the historic 2015 Paris Agreement on climate change. Source: GUARDIAN NEWSPAPER

THE ODD OF THAT MAY

About four months ago, this captured was taken on the very day of this celebration. It was captured to unveil the fact that not all celebrations will make you smile and sympathize with. Some will make you pity the horrible odd and pit kind celebration people were placed of low-income background has to go through in order to be in the page of celebrating May 27. Nobody in his/her right senses will want to patronize celebrating in a very odd condition especially when May 27 was keyed to many children. Why it is inevitable for a lot of people not to avoid this even when the pocket is dry. The pressure of marking this celebration for children can’t be neglected.