President Joe Biden said on Wednesday he did not believe the US economy will fall into recession either this year or next year, his most confident prediction on the fate of an economy that is still rattled by fears of a downturn.
Asked in an interview whether he thought there would be a recession this year, Biden responded: "No, or next year. From the moment I got elected, how many of the experts are saying within the next six months there's gonna be recession?"
Economists for months have been warning of a possible recession as the US Federal Reserve raised interest rates in order to tame decades-high inflation.
Biden himself has said a recession was possible, and earlier this week he told reporters that the risk was very low.
On the whole, economic data in recent months has moved in the president's favor, particularly after inflation spiked to a 40-year high last summer and government reports showed the US economy could be heading into a recession.
Strong job numbers last week, which occurred despite layoffs in the technology sector as well as in interest-rate-sensitive sectors like housing and finance, poured cold water on market expectations that the US central bank was close to pausing its monetary policy tightening cycle.
Israel bombarded northern Gaza overnight in some of the heaviest shelling in weeks, causing panic amongst residents and flattening neighbourhoods in an area from which the Israeli army had previously down its troops, residents said on Tuesday.
Russia launched a drone attack on Ukraine that injured seven people in the Black Sea port of Odesa, two of them children, and also targeted Kyiv, the capital, Ukraine's military officials said early on Tuesday.
A Delhi court on Tuesday extended the pre-trial detention of Indian opposition leader Arvind Kejriwal until May 7 in a corruption case, the legal news website Live Law reported.
Taiwan's quake-hit eastern county of Hualien was rattled by more than 200 aftershocks late on Monday and early on Tuesday, but only minor damage was reported and no casualties and major chipmaker TSMC said it saw no impact on operations.
Two Malaysian navy helicopters collided in mid-air during a rehearsal for a naval parade on Tuesday, killing all 10 crew members aboard, the navy said in a statement.