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Asian Development Bank Downgrades Asia Growth Outlook and Raises Inflation ForecastEugene Alvin Villar (seav) / Wikimedia (CC BY-SA 4.0)
finance20 hrs agoDeveloping

Asian Development Bank Downgrades Asia Growth Outlook and Raises Inflation Forecast

The Asian Development Bank has lowered its growth projections for Asia while increasing its inflation expectations due to ongoing high energy prices. Chief Economist Albert Park outlined the bank's support for the regional economy amid currency pressures. The adjustments reflect…

Cnbc
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health20 hrs agoDeveloping

Cook Islands Prime Minister Discusses Deep-Sea Minerals for Economic Diversification at ADB Meeting

Cook Islands Prime Minister spoke to CNBC on the sidelines of the Asian Development Bank's 59th Annual Meeting in Uzbekistan. He emphasized deep-sea critical minerals as a way to diversify the economy beyond tourism. The leader highlighted the need for regulatory and legislative…

Cnbc
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