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Indonesia confirms invitation to Ukraine for G-20 summit, says Putin will attend

Indonesia has asked Ukrainian President Volodymyr Zelenskyy to be a guest at the G-20 summit, President Joko “Jokowi” Widodo said Friday, belatedly confirming an invitation to the war-torn European nation’s leader that the United States had urged him to extend. The Indonesian president also said that Vladimir Putin, the leader of G-20 member Russia whose…

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Zero-covid costs spread

Chinese leader Xi Jinping’s decision to stick with a zero-covid policy that worked in 2020 but has not stopped the spread of the Omicron variant has brought lockdowns in Shanghai, Shenzhen and Beijing among 45 mainland cities, affecting nearly 400 million people. The economic damage to China is now spilling over to U.S., Europe, Japan…

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China’s Politburo promises stimulus, employment measures to boost COVID-hit economy

The ruling Chinese Communist Party (CCP) on Friday promised a slew of measures to help the country’s COVID-battered economy. The CCP’s Politburo met on Friday to discuss economic growth, which is targeted to reach 5.5 percent this year, an unlikely target in the absence of further stimulus given the supply-chain havoc caused by the pandemic and risks linked to…

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