News At Seven-Thirty highlights: PCCW gave up its privatisation plan; 50-cent plastic bag levy will go into force in July; Bank of China has warned the public about a fake website; signs tonight inflation is easing in Hong Kong; 2 Chinese nuclear submarines made public debut in an international naval review; Obama marked Earth Day with a vow to have U.S. lead the world on renewable energy; IMF says the global economy will likely contract 1.3 percent this year; African National Congress is heading for victory; Tony Chan submits expert’s report to prove the will he holds is genuine; Hong Kong West Drainage Tunnel is under construction; Hong Kong and Russia signed visa-fee travel agreement; third woman in 2 weeks claimed Paraguayan President fathered her child.