The population of Cairo is set to grow by 500,000 this year, more than any other city in the world, adding to the pressure on the country’s economy struggling to recover from six years of political turmoil.
Tensions have intensified between the outgoing administration of US President Barack Obama and Israel after the US allowed the UN Security Council to adopt a resolution that condemned Israel for illegal settlement construction in occupied Palestinian territories.
The Singapore economy grew by 1.8 percent on a year-on-year basis in the first quarter, unchanged from the previously released preliminary estimates in April, said the Ministry of Trade and Industry (MTI) on Wednesday. The ministry also maintained the GDP growth forecast for 2016 at one to three percent.
Iran’s economy will grow 4 percent in the 12 months to March 2017 and slow to 3.7 percent the following year, David Lipton, Managing Director Christine Lagarde’s deputy at the Washington-based lender, said on Tuesday.
Fears are growing that Greece will be unable to manage the task of sending back refugees to Turkey under the European Union’s controversial migrant transfer deal which is due to be enforced from today (April 4).