EU announces provision of €300 billion against China’s BRI

EU announces provision of €300 billion against China’s BRI

Brussels/Beijing: – The European Union (EU) has announced an investment of 300 billion euros to challenge China’s ambitious Belt and Road Initiative (BRI). On Wednesday, European Commission President Ursula von der Leyen told the ‘Global Gateway’ initiative. She explained that the initiative would focus on infrastructure, health, climate change, and long-term development plans in developing […]

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Japan’s cabinet approves additional defence spending

Japan’s cabinet approves additional defence spending

Tokyo – ‘We will consider all options to enhance Japan’s defence capabilities. It will also include the ability to attack enemy bases, said Japanese Prime Minister Fumio Kishida, supporting rising defence spending. On Friday, Japan’s cabinet approved an additional $6.8 billion in defence spending. The funds are expected to be used for advanced missile systems, […]

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Don’t stop international aid to Afghanistan, pleads Taliban

Don’t stop international aid to Afghanistan, pleads Taliban

Kabul – The interim Prime Minister chosen by the Taliban was forced to appeal to Afghanistan. Afghanistan has reached a stage of bankruptcy. In this situation, the international community should not stop the financial aid to Afghanistan. The United States also should release the frozen Afghan funds of $9.5 billion. Along with this, the interim […]

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France and Italy sign historic Quirinale Treaty given the ‘Merkel Exit’

France and Italy sign historic Quirinale Treaty given the ‘Merkel Exit’

Rome/Paris: – The historic Quirinal Treaty between France and Italy was signed, while Chancellor Angela Merkel took an ‘exit’ from German politics. French President Emmanuel Macron and Italian Prime Minister Mario Draghi described the agreement as an ‘historic moment’. The agreement indicates that cooperation between the two countries in the domains of industry, economy, foreign […]

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US President Biden decides to release Strategic Petroleum Reserves; China, Japan, UK, South Korea and India to do the same

US President Biden decides to release Strategic Petroleum Reserves; China, Japan, UK, South Korea and India to do the same

Washington/Dubai: – US President Joe Biden has decided to open the Strategic Petroleum Reserves to bring down the fuel prices in the country. Along with the United States, China, Japan, Great Britain, South Korea and India will also open up some of their reserves. Fuel prices in the international market have been steadily rising for […]

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Chinese team reaches Afghanistan to source Lithium

Chinese team reaches Afghanistan to source Lithium

Kabul/Beijing – A team comprising members of five Chinese companies has reached Afghanistan in search of rare earth minerals worth trillions of dollars. This was reported by China’s official mouthpiece, the Global Times. International analysts have warned that China is trying to find lithium reserves, one of the rarest minerals. China had rushed in with […]

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