Washington: Jerome Powell, Chair of the US Federal Reserve, claimed ‘Use of cryptocurrency is rapidly increasing globally. The Federal Reserve is evaluating whether there can be an improvement in the transactions using digital currency. Federal Reserve has even published a white paper in this regard. According to that, the digital version of the USD will […]
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Washington: The United States has imposed new harsh sanctions against companies linked to the Iranian petrochemical sector. The US Treasury Department took this action against companies in China and the United Arab Emirates (UAE). This is the third instance in the last ten days of the United States imposing sanctions against individuals and companies linked […]
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Moscow: The conflict between Russia and Ukraine will go on for a long time, and the conflict could lead to the separation of the economies of Russia and the West from each other (decoupling), warned Fyodor Lukyanov, a senior Russian expert. “When launching a military campaign in Ukraine, Russia and the West were under the […]
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Moscow: Russian President Vladimir Putin warned that no matter how many sanctions the West imposes and creates alternatives, these countries will not be able to refuse Russian fuel for many years. Putin also pointed out that the sanctions imposed on Russia have led to a decline in fuel supplies worldwide, prices are skyrocketing, and profits […]
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Damascus: While the entire world focuses on the Russia-Ukraine conflict, Russia has held joint military exercises with the Syrian air force. The media is pointing out that these joint exercises by Russia and Syria were held within hours of an airstrike by Israel in Syria. Last month, Russia deployed its S-300 air defence system against […]
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Rome: Italian Foreign Minister Luigi Di Maio warned that there is a mega war sparked in Africa over food. We must stop this war. If the conflict in Ukraine does not end soon, there will be a severe famine situation developing in Africa. The Italian Foreign Minister held Russia responsible for the crisis. Moreover, Western […]
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Seoul: North Korea created tension in the Korean region with a test of 8 short-range missiles on Sunday. The United States and South Korea retaliated against the North Korean provocation in the same language. The United States and South Korea tested eight ballistic missiles on Monday. At the same time, the US and South Korean […]
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London: Russia and Iran have signed a 20-year energy cooperation agreement as the conflict in Ukraine has hiked fuel prices across the United States and European countries. The two sides also discussed extending the second and third phases of Iran’s Russian-backed Bushehr Nuclear Power Plant. Russia is also expected to play a vital role in […]
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Moscow: – The European Union approved a ban on crude oil imported from Russia on Friday. Five-member countries of the union have been exempted from the ban. The implication is that the union’s decision to ban Russian imports will not make much of a difference to Russia. Russian media reported that Russia had started producing […]
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Riyadh: After the conflict broke out in Ukraine, the United States demanded that Middle East nations stand against Russia and increase their oil production. This demand was rejected by Saudi Arabia and other oil-producing Middle East nations. Later, the United States made desperate efforts to persuade the Middle East nations to take a position supporting […]
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