Johannesburg/Washington/Berlin: The US and European countries are pressuring countries that did not support and aid Ukraine in the conflict against Russia. In the last 24 hours, South Africa, a member of BRICS, has been targeted for maintaining its cooperation with Russia. The US diplomat in South Africa has accused the country of supplying arms to […]
Read More »
Brussels: Covid pandemic and the conflict in Ukraine has severely impacted the economy of European countries. According to a US agency, countries like Romania, Poland and Hungary are sinking in debt as their market borrowing has increased thrice. Concerned about the financial crisis, the European Union has called for an emergency meeting to review the […]
Read More »
Washington/Beijing: The Inflation Reduction Act-IRA has come into effect in the United States from January 1. This will hit fellow countries that trade heavily with the US. Especially the companies in European countries in the vehicle manufacturing sector and the companies in the semiconductor industry will have to bear the loss due to this. Thus, […]
Read More »
Brussels/ Moscow: The possibility of fresh sanctions on gas supply from Russia has shot the prices of gas by 10 %, taking it above 2000 dollars per 1000 cubic meters. This is the third instance of a 10% hike in natural gas prices in the last four days. A meeting of the European Union to […]
Read More »
Washington/Tehran: Iran has given its reply to the United States and the European countries on the proposal presented by the United States on the nuclear agreement. Although the details have not been revealed, it is claimed that the US and European countries say that this proposal given by Iran for the nuclear deal is not […]
Read More »
Berlin/Moscow: Leading European countries are panicking as Russia has reduced the fuel supplies. These European countries announcing ambitious green and renewable energy plans the last month have again turned to coal as an alternative fuel. Leading European countries Germany, Italy, Austria, Denmark, and the Netherlands have started coal-based power projects. The coal imports will be […]
Read More »
Moscow/Belgrade: It has been revealed that the European countries refused permission for the airplane of the Russian Foreign Minister to enter their airspaces. Russian Foreign Minister Sergey Lavrov was forced to cancel his Serbia visit given this. Russia and Serbia have expressed strong displeasure over this. Whereas, senior Russian lawmakers have warned that there will […]
Read More »
London: European countries Estonia, Lithuania, Bulgaria, Czech Republic, Romania, Latvia, Poland and Slovakia are currently reeling under high inflation. A leading British daily reported that the inflation index in these countries has crossed 10%. Therefore, analysts are claiming that there is a decline in European productivity. The British daily claimed that the highest inflation is […]
Read More »
Brussels: It has been exposed that the inflation has flared up to record levels in the European countries against the background of the Russia-Ukraine conflict. In April, the inflation rate was recorded at 7.5% in the Eurozone, a part of the European Union. This is a record for the last 25 years. It has been […]
Read More »
Washington: Even though the United States and other western countries have imposed stringent sanctions against Russia, the United States and European countries feel the need for Russian fuel gas. Therefore, how much ever the European countries spewed fire on Russia, they could not garner the courage to impose sanctions against the Russian fuel gas. The […]
Read More »
