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Global economy 'limping along,' cuts growth forecast for China, euro area: IMF
Credit: IndiaTimes- Published on October 10, 2023
The International Monetary Fund (IMF) has lowered its growth forecasts for China and the euro area, while maintaining its forecast for global GDP growth in 2023 at 3.0%. The IMF cited the uneven recovery from the Covid-19 pandemic, Russia's invasion of Ukraine, and last year's energy crisis as factors contributing to the low and...
Video credit: Wibbitz Top Stories
Published on October 10, 2023 - 01:31
US Sanctions Target Chinese Firms Involved With Fentanyl Supply Chain
US Sanctions Target , Chinese Firms Involved With , Fentanyl Supply Chain.
BBC reports that 25 China-based firms and individuals
are facing United States sanctions for their alleged
production of chemicals used to produce fentanyl.
The news comes as fentanyl, a powerful opioid
prescribed as a painkiller and sedative, remains
at the center of an ongoing drug crisis in the U.S.
According to Attorney General
Merrick Garland, fentanyl's supply chain , "often starts with chemical companies in China".
AFP news agency reports that the Chinese foreign
ministry criticized the sanctions, claiming that the
fentanyl crisis remains rooted in America.
AFP news agency reports that the Chinese foreign
ministry criticized the sanctions, claiming that the
fentanyl crisis remains rooted in America.
Imposing pressure and sanctions
cannot solve the United States'
own problems. It will only create
obstacles in the China-U.S.
co-operation on drug control, Chinese Foreign Ministr, via AFP news agency.
According to the U.S. Treasury Department, the sanctions
are aimed at a "China-based network responsible for the
manufacturing and distribution" of precursors of fentanyl.
We know who is responsible
for poisoning the American
people with fentanyl, Merrick Garland, United States Attorney General, via BBC.
We know that this network
includes the cartels' leaders,
their drug traffickers, their money
launderers, their clandestine lab
operators, their security forces,
their weapons suppliers,
and their chemical suppliers, Merrick Garland, United States Attorney General, via BBC.
And we know that this
global fentanyl supply chain,
which ends with the deaths of
Americans, often starts with
chemical companies in China, Merrick Garland, United States Attorney General, via BBC.
And we know that this
global fentanyl supply chain,
which ends with the deaths of
Americans, often starts with
chemical companies in China, Merrick Garland, United States Attorney General, via BBC.
BBC reports that fentanyl , was linked to a record , 109,680 deaths in 2022
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