At least 100 people killed in an attack in Burkina Faso – neighbouring countries clamp emergency in border areas

At least 100 people killed in an attack in Burkina Faso – neighbouring countries clamp emergency in border areas

Ouagadougou: At least 100 people were killed in an attack carried out by armed assailants in the African country of Burkina Faso. As reports, hundreds of locals rocked by the attack have fled the region. No organisation has claimed responsibility for the attack. But a substantial doubt is being expressed that a terrorist organisation affiliated […]

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Increasing inflation poses recession threat to US, warns economist Larry Summers

Increasing inflation poses recession threat to US, warns economist Larry Summers

Washington: Larry Summers, an economist, has warned that unprecedented and rising inflation in the United States and the slide in the stock markets pose a threat of a significant recession in the United States. Summers has functioned as an advisor during the tenure of former President Barack Obama. Therefore, his warning becomes noteworthy. Following the […]

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France, which has become a war economy, will increase defence expenditure substantially: President Emmanuel Macron

France, which has become a war economy, will increase defence expenditure substantially: President Emmanuel Macron

Paris: French President Emmanuel Macron indicated a substantial increase in defence expenditure by saying, ‘Since the Russian invasion of Ukraine, France has become a war economy. The situation could continue in France for the next many years.’ The French President has issued instructions that taking into account the significant changes in the geopolitical equations of […]

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Iran to open port for India-Russia trade

Iran to open port for India-Russia trade

Tehran: Iran is ready to make its port Bandar Abbas available for trade between India and Russia. Trials have been started for this purpose. The containers will be transported from Saint Petersburg, Russia, to the Iranian port of Bandar Abbas via the Caspian Sea. From there, these containers will be shipped to the Indian port […]

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Iran-Venezuela sign 20-year cooperation agreement

Iran-Venezuela sign 20-year cooperation agreement

Tehran: Iran and Venezuela signed a 20-year cooperation agreement during the visit of Venezuelan President Nicolas Maduro to Iran. This includes cooperation in the energy, science-technology, minerals, and agriculture sectors. While the sanctions imposed on Venezuela are being withdrawn, the Venezuelan President delivered a message that there is no change in the country’s diplomatic stand […]

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Saudi to cutdown fuel supplies to China

Saudi to cutdown fuel supplies to China

Riyadh: Saudi Arabia will be cutting down the fuel supplies to China. Saudi fuel company ARAMCO announced it. The ARAMCO officials clarified that there would be no change in the quantities supplied to India, Japan, South Korea and Thailand. Western countries have imposed harsh sanctions against Russia, given the invasion of Ukraine. During this period, […]

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