Inflation in China grew 1.5 percent on a year-on-yearInflation in China grew 1.5 percent on a year-on-year basis in late March, caused by higher prices of several products amid the new surge in Covid-19 cases, the National Bureau of Statistics reported.

Ukraine conflictThe World Trade Organization (WTO) on Monday warned about the disintegration risk of the global economy into separate blocs, as a long-term effect of the Ukraine conflict and sanctions against Russia.

Iran once again condemned excessive US demands.The Iranian Foreign Ministry Spokesman Said Jatibzade on Monday urged the United States to lift all sanctions on his country, the main beneficiary of a possible agreement in Vienna, Austria.