* Indonesia is estimated to maintain a healthy growth rate in 2019 and 2020 on the back of continuing strong domestic consumption, the Asian Development Bank (ADB) said in its 2019 Asian Development Outlook (ADO) released on Wednesday.
* Philippine economic growth in this and the next year will be slightly lower than earlier forecast on the back of a slowdown in the global economy and domestic investment, the Asian Development Bank (ADB) said in its updated report launched on Wednesday.
* At the meeting on Wednesday with Indian External Affairs Minister Subrahmanyam Jaishankar on the sidelines of the General Debate of the 74th session of the UN General Assembly, Chinese State Councilor and Foreign Minister Wang Yi said that strengthened communication with India benefits the two countries as well as the world at large.
* US President Donald Trump met with his Ukrainian counterpart Volodymyr Zelensky in New York on Wednesday, a day after US House Speaker Nancy Pelosi’s announcement of launching a formal impeachment inquiry into Trump’s controversial phone call with Zelensky. The meeting of the two leaders also came hours after the release of the transcript of the phone call between Trump and Zelensky on July 25.
* Parties to an international agreement on Iran’s nuclear program pledged on Wednesday to continue efforts to preserve the July 2015 deal. In a joint statement after their meeting in New York on Wednesday on the sidelines of the UN General Assembly, ministers from Britain, China, France, Germany, Russia and Iran “confirmed their determination to continue all efforts to preserve the agreement, which is in the interests of all.”
* The executive board of the International Monetary Fund (IMF) on Wednesday approved the nomination of Bulgaria’s Kristalina Georgieva, chief executive officer of the World Bank, to be the IMF managing director for a five-year term starting on October 1.
* Chinese State Councilor and Foreign Minister Wang Yi and the Republic of Korea (RoK) Foreign Minister Kang Kyung-wha have agreed to boost ties based on closer coordination in various areas, during their talks Wednesday on the sidelines of the 74th session of the UN General Assembly.
* Iranian President Hassan Rouhani on Wednesday ruled out negotiations with the United States unless the latter lifts sanctions on his country first.
* British Prime Minister Boris Johnson faced enormous pressure as the parliament re-opened Wednesday after the Supreme Court ruled his act to suspend the parliament for five weeks was unlawful.
* Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati announced Wednesday that Iran uses national currencies and euro in the bilateral trade with Russia and Turkey, Tasnim news agency reported.
* Israel’s president on Wednesday requested Prime Minister Benjamin Netanyahu to assemble the next government, tasking the decade-long leader with solving a political stalemate following inconclusive elections. Netanyahu will have up to six weeks, beginning Thursday (September 26), to form a majority coalition.
* The US is to deploy over 500 rotational troops to Lithuania, the Baltic country’s Defense Ministry announced in Vilnius on Wednesday.
* The East African Community (EAC) on Wednesday urged its member states to address impediments to informal cross-border trade.
* A senior Saudi diplomat said Wednesday that the kingdom is weighing options of response to the September 14 attack on its oil facilities pending the results of investigation.
* The Syrian army on Wednesday confiscated a “large amount” of weapons and ammunition, some of which are US and Israeli-made, in the southern region, state news agency SANA reported.
* Hundreds of families returned to their homes in the countryside areas of the provinces of Idlib and Hama in northwestern Syria on Wednesday, state news agency SANA reported.
* A military force of Libyan eastern-based army on Wednesday announced the arrest of 54 illegal immigrants in the eastern city of Ajdabiya.
* Australia’s coastal cities can expect extreme flooding at least once a year by 2050 with ocean’s rise, according to a report. An Intergovernmental Panel on Climate Change (IPCC) report released on Wednesday, which was co-authored by Nerilie Abram from Australian National University (ANU), found that sea levels could rise by 30-60 cm by the year 2100.
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