Global growth is expected to decelerate to 3.2% this year, the World Bank said on Monday, citing the impacts of the conflict in Ukraine, inflation, and the lingering effects of the coronavirus pandemic. The bank had previously projected 4.1% global economic expansion in 2022.

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Humanitarian assistance is a better way to curb the refugee crisis, Beijing insists The Chinese Ministry of Foreign Affairs spoke out against US military assistance for Ukraine on Friday, claiming it prevented the restoration of peace and stability in the region. It urged other parties to follow its lead and provide humanitarian aid instead.