Cairo: Other countries have to bear the consequences of the decisions taken by developed countries. Indian Finance Minister Nirmala Sitharaman told the developed countries they should take responsibility for such decisions. After that, Indian External Affairs Minister S. Jaishankar also slammed the rich countries. The rich countries are unaware that the poor are being hit […]
Washington: The USD is currently at its highest level in two decades and the rest of the world’s economies are suffering the consequences. The International Monetary Fund (IMF) has warned that the USD’s strength is becoming problematic and its effects are beginning to show. This warning from the IMF is getting support from other countries […]
Canberra: External Affairs Minister S. Jaishankar claimed that the defence cooperation between India and Australia hugely contributes to a free and open Indo-Pacific region. Jaishankar held talks with Australian Defence Minister Richard Marles on a two-day visit to Australia. Before that, EAMinister Jaishankar had bilateral talks with Australian Foreign Minister Penny Wong. At this time, […]
Tehran: The ongoing anti-regime protests in Iran for the past three weeks have seen a strict crackdown by the Revolutionary Guards and the Iranian police against protesters. The Revolutionary Guards also had used force to crush the anti-regime protests earlier. But analysts in Iran have warned that if force is used for crushing the ongoing […]
Moscow: While the President of Russia announced annexing the Ukrainian regions, Western countries indicated new sanctions against Russia. Despite these Western warnings, the Russian Ruble has strengthened against the US and European currencies. In the past few days, while the USD has hit record highs, other major world currencies have fallen. Against this backdrop, the […]
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 […]
Washington: The US dollar has reached its highest level in the last two decades. Compared to the dollar, the Chinese currency, Yuan has reached the bottom and recorded the lowest level. The changes recorded in the currencies of the world’s first and second largest economies are significant. With the US Federal Reserve raising interest rates […]
Singapore: ‘The golden age of globalisation that we have known for the past 30 years since the end of the Cold War is clearly over, and we are entering a new era, a new era that will be marked by greater geopolitical contestation,’ Singapore’s Finance Minister Lawrence Wong warned. At the ‘Forbes Global CEO Conference’ […]
Riyadh: A few weeks ago, US President Joe Biden announced the provision of advanced defence equipment to Saudi Arabia and the UAE. Biden assured that the United would stand by its Middle East allies. But it seems that Saudi and UAE have no faith in the US President. Both Middle East countries have begun buying […]
New York: Japanese Prime Minister Fumio Kishida met South Korean President Yoon Suk-Yeol in New York on Thursday. Sources said that both leaders agreed to strengthen bilateral relations and cooperation during the meeting. This is the first time since 2019 that the heads of state of these two countries have met each other in person. […]