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OECD slightly raises world GDP growth forecast to 2.7%
OECD slightly raises world GDP growth forecast to 2.7%
Business and Economy
by  AFP

The OECD slightly raised its growth outlook for the world economy on Wednesday as inflation eases and China has dropped Covid restrictions, but it warned the recovery faces a "long road". "The global economy is turning a corner but faces a long road ahead to attain strong and sustainable growth," OECD chief economist Clare Lombardelli wrote in the OECD's Economic Outlook.

'World's best restaurant' to reopen in Spain as museum
'World's best restaurant' to reopen in Spain as museum
Business and Economy
by  AFP

Spain's elBulli, repeatedly voted the world's best restaurant before it closed over a decade ago, is set to reopen as a museum dedicated to the culinary revolution it sparked. "It's not about coming here to eat, but to understand what happened in elBulli," the 61-year-old told AFP near the kitchen of the restaurant he ran for over two decades.

Asian stocks edge higher on Fed hope but traders remain wary
Asian stocks edge higher on Fed hope but traders remain wary
Business and Economy
by  AFP

Most markets crawled higher Wednesday on speculation that China will unveil measures to support its struggling economy, while investors held out hope the Federal Reserve will skip an interest rate hike this month. Analysts said such a move could indicate the People's Bank of China was considering an interest rate cut as soon as this month.

Beyond sushi: Japan expands veggie options to tempt tourists
Beyond sushi: Japan expands veggie options to tempt tourists
Business and Economy
by  AFP

Even on a weekday, there's a queue at Tokyo's vegan Izakaya Masaka, including many tourists eager to try meat-free versions of Japanese classics like fried chicken and juicy dumplings. Tina Bui, a 36-year-old vegan from San Francisco, said she was very excited to order the signature "karaage" soy fried chicken at Izakaya Masaka.