Euro zone economic sentiment continued to worsen as expected in July on less optimistic industry, services, retail trade and construction and inflation expectations among companies as consumers decreased as well, data showed on Tuesday.
The Iranian government passed a law to cancel visa formality for Chinese nationals enabling Chinese tourists to visit Iran visa-free, drawing a share of the total 129 million Chinese tourists, said the deputy head of Iran’s Cultural Heritage, Handicrafts and Tourism Organization (ICHTO) for tourism affairs on Monday.
Indonesia has been striving to reduce its poverty rate that is expected to reach nine percent by the end of this year, National Development Planning Minister Bambang Brodjonegoro stated in Jakarta on Monday.
India’s central bank, having changed management last month following a clash with the government, is likely to transfer an interim dividend of 300-400 billion rupees ($4.32 billion-$5.8 billion) to the government by March, according to three sources with direct knowledge of the matter.
US economic growth will slow steadily in coming quarters after touching a four-year high in April-June, according to a Reuters poll of economists, who expect President Donald Trump’s trade war to inflict damage.