WASHINGTON – U.S. President Joe Biden on Friday rejected a new Republican infrastructure counter-offer, but will continue talks with Republicans next week.
During a phone call with the president on Friday, Sen. Shelley Moore Capito, the top Republican negotiator, proposed a new offer to increase about $ 50 billion in spending on various infrastructure programs, the statement said in a statement. White House press secretary Jen Psaki. (US infrastructure spending)
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WELLINGTON – APEC trade ministers met with business leaders in Asia and the Pacific on Friday to hear from the private sector their views on the forum’s focus on regional economic integration, the trade implications of the economic response to COVID-19 and how more economies can be made resistant to future shocks.
“Free, fair and open trade has unlocked massive growth across Asia and the Pacific,” said New Zealand Minister of Trade and Export Growth Damien O’Connor, who is also the president of the meeting of APEC trade ministers for 2021. “But without the energy of entrepreneurs, this growth would not have occurred.” (APEC-Economy)
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ANKARA – Turkey has discovered 135 billion cubic meters of natural gas addition south of the Black Sea, President Recep Tayyip Erdogan said on Friday.
The new discovery in the Amasra-1 field has raised the full potential in the region to 540 billion cubic meters, Erdogan said when speaking at an opening ceremony in Zonguldak province on the Black Sea. (Turkey-Natural Gas)
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WINDHOEK – Another hard blockade of COVID-19 would increase Namibian government debt, which currently stands at 68.7 per cent of the country’s gross domestic product (GDP), Bank of Namibia Governor Johannes Gawaxab said on Friday .
Namibia is currently experiencing a third wave of coronavirus infections with COVID-19-related hospitalizations and deaths are rising dramatically, according to the Ministry of Health. (Economy of Namibia)