India, which is buying massive amounts of crude oil from Russia, is supplying fuel to European nations – a firm providing fuel transactions data claims

India, which is buying massive amounts of crude oil from Russia, is supplying fuel to European nations – a firm providing fuel transactions data claims

New Delhi – India’s refined fuel export to European countries has increased to 3,60,000 barrels per day. Due to this, India seems to have overtaken Saudi Arabia, which supplies fuel to European countries. Kepler Data, which records fuel transactions, gave this information. At the same time, ‘Kepler Data’ has also said that Russia’s fuel oil […]

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European countries sinking in debt – European leaders call urgent meeting to discuss spending policy 

European countries sinking in debt – European leaders call urgent meeting to discuss spending policy 

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 […]

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Indian banking sector is capable of dealing with crisis caused by insolvency of US & European banks – RBI governor Shaktikanta Das

Indian banking sector is capable of dealing with crisis caused by insolvency of US & European banks – RBI governor Shaktikanta Das

Washington – The world is worried after the bankruptcy of Silicon Valley Bank-SVB of the United States and the Credit Suisse of Switzerland. Warnings are being given that some more banks in the United States and Europe will go bankrupt in the future. Due to this, some economists have warned that an even worse economic […]

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Europe must not take sides in Taiwan conflict – French President Emmanuel Macron advises

Europe must not take sides in Taiwan conflict – French President Emmanuel Macron advises

Paris – The Taiwan dispute is not a European issue. Therefore, Europe should refrain from getting involved in this debate; if it participates, there is a big danger for Europe. Therefore, French President Emmanuel Macron advised that European countries should not use their strategic autonomy to take sides with the United States or China in […]

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European Nordic countries plan for joint fleets of fighter jets to counter Russian aggression  

European Nordic countries plan for joint fleets of fighter jets to counter Russian aggression  

Copenhagen/ Oslo: Europe’s ‘Nordic’ countries have decided to come together to respond to Russia’s growing aggression in the wake of the conflict in Ukraine. Accordingly, a single fleet of fighter planes from Sweden, Finland, Norway and Denmark will be created. Danish officials said this fleet will have nearly 2500 fighter planes from four countries.  In […]

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European Union announces 2 billion euros military aid to Ukraine – Slovakia sends MiG29   

European Union announces 2 billion euros military aid to Ukraine – Slovakia sends MiG29   

Brussels/Kyiv – The European Union (EU) has announced military aid to Ukraine of 2 billion euros, out of which 1 billion euros will be utilised for supply of artillery and the other billion will be given to European countries to provide weapons to Ukraine. The Ukrainian president has been demanding missiles and fighter jets, or […]

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European Union has been warned over refugees from Italy, Spain, Greece, Cyprus and Malta

European Union has been warned over refugees from Italy, Spain, Greece, Cyprus and Malta

Malta: The ‘Med 5’ member countries of Southern Europe criticized that if other fellow member countries of the European Union refuse to accept refugees, they cannot be held responsible. A two-day conference of senior ministers from the ‘Med 5’ countries was held in Valletta, the capital of Malta. The ministers present at this conference expressed […]

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Russian bombers and fighter jets conduct patrols near European airspace

Russian bombers and fighter jets conduct patrols near European airspace

Moscow/Oslo: Nearly one year has passed since the start of the Russia-Ukraine conflict began. Besides, Russia has stepped up the ante of its military operations. Russian bombers and fighter jets have been reported to patrol near European airspace twice in the last four days. The media claims that Russia’s movement could be a warning to […]

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Europe backing Israel over Iran issue – Israeli PM Netanyahu announces

Europe backing Israel over Iran issue – Israeli PM Netanyahu announces

Jerusalem: Israeli Prime Minister Benjamin Netanyahu announced that European countries support Israel on the issue of preventing Iran from developing nuclear weapons. On Sunday, the Israeli Prime Minister briefed the Cabinet about his visit to France and discussions with European leaders. This is claimed to be a warning to Iran, which is accelerating its nuclear […]

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US Federal Reserve, European banks raise interest rates

US Federal Reserve, European banks raise interest rates

Washington/London/Brussels: The world’s leading central banks have again announced interest rate hikes, amid signs of a global economic slowdown. The European Central Bank, the Bank of England, and the US Federal Reserve increased interest rates. The Federal Reserve increased by 0.25 per cent, and the United States’ interest rate reached 4.75 per cent. Jerome Powell, […]

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