Brussels: There has been a dramatic increase in the number of illegal immigrants entering Europe. European agency ‘Frontex’ informed that in the first nine months of 2022, as many as 225 thousand million refugees had entered European countries. This is the most significant increase since 2016. This record increase has come against the background of […]
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Budapest: Regardless of sanctions imposed by the European Union (EU), Hungary has announced plans to build a pipeline to supply Russian gas to Serbia. Hungary said the decision was made to overcome the sanctions imposed on Croatia. Meanwhile, this decision of Hungary, a partner country of Russia, is seen as a challenge to the European […]
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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 […]
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Washington/Geneva: Slowdown in the Chinese growth rate and falling economic output in the United States are deepening the grip of recession in Europe. The fuel crisis in Europe, dependent on Russian fuel, will continue in the coming times. The President of the World Bank, David Malpass, warned that the economic recession crisis is hovering over […]
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London: Last week, the ‘mini-budget’ presented by British Finance Minister rocked the economy. Against this backdrop, the British central bank announced an additional £65 billion in aid to revive the economy. The Bank of England informed that these funds would be used to purchase government bonds issued by the British government. Meanwhile, British Prime Minister […]
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Brussels/Berlin/Stockholm: Present economic growth of Europe is much lower than expected, primarily due to high inflation on account of fuel shortage. Although the European Central bank has hiked the interest rate to control inflation, the rise in inflation is expected to continue, warns ECB President Christine Lagarde. There is a strong possibility that Germany and […]
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Moscow: A case of natural gas leakage from the Nord Stream pipeline built by Russia and European countries has come to light. The leak, even when the gas supply from these pipelines was shut off, added to the mystery of the incident. Russian spokesman Dmitry Peskov claimed that the leak could be sabotage. On Monday, […]
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Rome: The right-wing Centrodestra has won a majority in the parliamentary elections held in Italy on Sunday. The party ‘Brothers of Italy’, which leads this alliance, has received 26% of the votes, and the head of the party, Giorgia Meloni, will take over as the Prime Minister. She will be the first female Prime Minister […]
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Berlin: Germany is on the brink of recession as Russia restrains its energy supply. Germany is now looking at Saudi and UAE to establish cooperation to overcome dependency on Russia. Last week, the German chancellor, Olaf Scholz, urgently visited the Middle East. He signed an important agreement with the UAE and initiated a discussion to […]
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Sydney: There has been a significant increase in China’s military expansion, aggression against Taiwan, illegal activities in the South China Sea, and movements in the South Pacific region. Considering these factors, Australian military analysts have suggested their government change the military doctrine and be prepared for war in the next three years. A few days […]
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