London: British Prime Minister Boris Johnson resigned as chairman of the Conservative Party on Thursday. Johnson had decided it because of serious allegations of corruption, discontent within the party and the resignation of government ministers. Johnson will serve as Britain’s interim prime minister for the next few days until the ruling Conservative Party announces a […]
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Brussels: In the wake of the Russia-Ukraine conflict, the Eurozone, a part of Europe, has witnessed a record spike in inflation. Eurostat reported that in June, the Eurozone recorded an inflation rate of 8.6 per cent. This is the highest level since the Eurozone was formed. After the outbreak of the Russia-Ukraine conflict, it was […]
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London/Paris: The United States attempted to save the Iran nuclear deal with fresh negotiations at Doha in Qatar. But the United States accused that the talks failed because of the Iranian aggression. The European countries meditating in the talks also have been upset with Iran. The British foreign ministry pointed out that all the possible […]
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Madrid: Jens Stoltenberg, Secretary-General of NATO, announced that the current times are of military competition and to face the competition, NATO will increase the strength of its ‘Rapid Action Force’ to 300,000. This is the biggest increase proposed by NATO since the end of the Cold War era. The current strength of the NATO Rapid […]
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Berlin/Beijing: The G7 group announced an investment of USD 600 billion to pose a challenge to the ambitious Chinese scheme ‘Belt and Road Initiative’ (BRI). The plan is named ‘Partnership for Global Infrastructure and Investment’. This G7 scheme is believed to be a part of the Build Back Better World scheme announced last year. As […]
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London: Catherine Shakdam, a French-British analyst, warned, ‘The geographical location of Iran is a bigger strength of the country than nuclear weapons. Iran will use nuclear weapons as a shield. But Iranian control over the Strait of Hormuz and Bab Al-Mandab Gulf could block the entire global fuel movement. The crisis created in that scenario […]
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Berlin: Last week, Russia reduced the fuel supply to some leading European countries. Taking the Russian aggression into account, Germany declared an Alarm Stage in the fuel sector. German Commerce Minister Robert Habeck warned that if the situation does not improve soon or if Russia stops fuel supplies, the resulting fuel crisis will be like […]
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London: The UK economy has been hit hard again by an unprecedented rise in inflation in recent days. The index, which had recorded growth in industry and consumer demand, has fallen sharply. Besides, retail sales in the UK market have also come down and the percentage of income held by citizens has also reached a […]
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London: Inflation in the United Kingdom has scaled historic heights because of the Russia-Ukraine conflict. The inflation index is at 9.1% in the United Kingdom in May, which would be the highest among the G7 countries. Analysts and experts have predicted that inflation will reach 11% with increasing fears of recession and crisis due to […]
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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 […]
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