Manila/Beijing: Accusing that no investments were coming from China, the Philippines withdrew the railway agreements worth USD 5 billion with China. It has been revealed that new Filipino President Ferdinand Marcos Jr. has taken this decision. This recent Philippine decision is a major jolt for the ambitious Chinese scheme ‘Road and Belt Initiative’. It is […]
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Berlin/Beijing: The G7 group announced an investment of USD 600 billion to pose a challenge to the ambitious Chinese scheme ‘Belt and Road Initiative’ (BRI). The plan is named ‘Partnership for Global Infrastructure and Investment’. This G7 scheme is believed to be a part of the Build Back Better World scheme announced last year. As […]
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Colombo: Sri Lankan Prime Minister Mahinda Rajapaksa has resigned amid growing public discontent over the country’s unprecedented economic crisis. Prime Minister Mahinda Rajapaksa has tendered his resignation to Sri Lankan President Gotabaya Rajapaksa, saying he was ready to resign if his resignation was to resolve the financial crisis. Violence erupted in several cities, including the […]
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Islamabad: Taliban has increased military deployment on the Durand Line, dividing Afghanistan and Pakistan. The Taliban has deployed a battalion of suicide attackers in the Waziristan belt as per received information. Pakistani media are expressing a grave concern that there is a possibility of a fierce conflict flaring up between the Taliban and the Pakistan […]
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Beijing: Chinese Foreign Minister Wang Yi held talks with Ukrainian Foreign Minister Dmytro Kuleba on Wednesday. The Chinese Foreign Minister expressed vital concern that innocent civilian lives were lost in the conflict continuing for the last few days. Western analysts have claimed that the Russian economy will get affected severely following the harsh sanctions imposed […]
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Buenos Aires: – Repercussions of the agreement signed by Argentine President Alberto Fernandez with the International Monetary Fund (IMF) for loans worth billions of dollars are being felt in the Argentine capital Buenos Aires. Thousands of people are protesting against this loan agreement with the IMF. The protestors demanded that they do not want a […]
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London: – UK Foreign Minister Liz Truss lashed out at China. She said that objections over the sovereignty of the Falkland Islands are unacceptable to the United Kingdom. The Falkland Islands are a part of the British Family and the United Kingdom will protect the rights of these islands. Therefore, China must respect the British sovereignty […]
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Washington/Taipei – The Taiwanese government announced that they seek to join the Indo-Pacific Economic Framework announced by US President Joe Biden. It is said that the United States has proposed this framework to counter China’s Belt and Road initiative and aggressive expansionist activities. Meanwhile, it is reported that a US nuclear submarine moved towards a […]
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Beijing / Riyadh – A high-level delegation comprising foreign ministers of Saudi Arabia, Oman, Kuwait and Bahrain has arrived in China. The delegation also includes the head of the Gulf Cooperation Council, the main organization of the Gulf countries. Chinese sources said that the five-day visit would focus on fuel, free trade agreements, and strategic […]
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Beijing – China has started aggressive moves to increase its influence in the Latin American continent, traditionally an area of the United States’ influence. Last month China signed comprehensive agreements with the Community of Latin American and Caribbean States (CELAC), the association of the Latin American countries. It has been revealed that China will assist […]
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