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Rich-poor split could tighten 'grip of poverty': World Bank chief
Rich-poor split could tighten 'grip of poverty': World Bank chief
by  AFP

The new head of the World Bank said Tuesday that growing divides between rich and poor nations risked deepening poverty in the developing world, at a meeting of G20 finance ministers in India. Finance ministers from regional rivals and neighbours India and China met early Tuesday, without commenting to reporters.

'Must-have' Japanese whisky turns 100 as demand soars
'Must-have' Japanese whisky turns 100 as demand soars
by  AFP

The famed Yamazaki distillery marks its 100th anniversary this year with plenty to celebrate, as Japan's acclaimed aged whiskies command increasingly eye-watering prices thanks to growing demand and longstanding shortages. The location of Yamazaki's distillery is a world away from the Scottish terroir most associated with whisky but Fujii says the site was chosen for the region's famed water.

Asian markets drop as China growth worries offset Fed rate hopes
Asian markets drop as China growth worries offset Fed rate hopes
by  AFP

Most Asian markets sank Tuesday as further weakness in China's economy fuelled worries about the effects on global growth, overshadowing optimism that the United States is winning its battle against inflation and could avoid a recession. Meanwhile, US Treasury Secretary Janet Yellen warned about the effects of China's weakness on the global economy.

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