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Added on the 14/07/2015 16:50:09 - Copyright : Reuters EN
NATO Secretary General Jens Stoltenberg calls for China to face consequences if it keeps supporting Russia, accusing Beijing of worsening the Ukraine war while seeking better relations with the West. "Beijing cannot have it both ways. At some point -- and unless Chinatx changes course -- allies need to impose a cost. There should be consequences", he says. SOUNDBITE
The EU says it predicts lower inflation in the eurozone in 2024 than previously forecast despite global uncertainties, reaching near-touching distance of its two percent target in 2025. "Inflation has declined further since the start of the year and is set to continue easing, reaching the ECB’s target in the second half of 2025," EU Economy Commissioner Paolo Gentiloni says. SOUNDBITE
Thousands of students march through downtown Buenos Aires in protest against budgets cuts to higher public education, research and science, declared by right-wing president Javier Milei's new government IMAGES
The United States "will not accept" a situation where underpriced Chinese goods flood the global market, battering industries elsewhere, US Treasury Secretary Janet Yellen said on Monday as she wrapped up high-level talks in China. This was the situation over a decade ago when Chinese government support led to a surge in steel exports, she told reporters, adding: "I know that these serious concerns are shared by our allies and partners." SOUNDBITE
Hundreds of people in the southern Nigerian city of Lagos protest the high cost of living in the country as part of a nationwide call to demonstrate by the Nigerian workers union. IMAGES
The EU sharply cut its eurozone growth forecast for 2024, Commissioner for the Economy Paolo Gentiloni says. Gentiloni says the European Commission predicts the single-currency economic area to grow by 0.8 percent in 2024, down from a previous forecast of 1.2 percent. SOUNDBITE