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MEXICO CITY - Mexico's government on Tuesday unveiled a private-sector initiative to rev up the flagging economy by investing nearly 859 billion pesos (about billion) in infrastructure development.

Lyu added that infrastructure construction in recent years has facilitated cross-border trade between China and Russia. He expected the first highway bridge connecting the two countries, which is under construction, would further boost trade and people-to-people exchanges.

Lyu noted that integrated regional development will bring new opportunities to the financial sector by promoting financial innovation in the region's free trade zones, improve the quality and efficiency of cross-border financial services, and expand the global financial markets business.

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MOSCOW - President Xi Jinping and his Russian counterpart, Vladimir Putin, signed here Tuesday a joint statement on further deepening the two countries' comprehensive strategic partnership of coordination.

MANILA -- More than 12,000 people from a danger zone around Mayon volcano have been evacuated due to the volcano has been ejecting ash into the air since Saturday, Philippine authorities said on Monday.

Luo Zhaohui, vice-minister of foreign affairs, said at a news briefing after the meeting that both countries have reached broad consensus on the development of the CPEC.

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Luigi Gambardella, president of ChinaEU, a business-led international association in Brussels, said the two countries can explore third-party cooperation in the fifth-generation era by improving the digital and telecommunications infrastructure along Belt and Road routes.

MANCHESTER, the United States - Pete Buttigieg, former Mayor of South Bend, Indiana, is projected to win the most delegates from Iowa Democratic caucuses that took place nearly a week ago, according the Iowa Democratic Party (IDP).

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Luckily, there were no casualties.

Lula's release would heighten tensions in a polarized nation that elected far-right President Jair Bolsonaro last year. Lula had been favorite to win the 2018 election but his imprisonment barred him from running.