Russia and China are building BRICS as an alternative to Western G7, German newspaper warns

Russia and China are building BRICS as an alternative to Western G7, German newspaper warns

Berlin: A meeting of the G7 countries, consisting of the most developed and rich countries in the world, was recently held in Germany. The conflict in Ukraine and its aftermath were discussed in the meeting. The G7 has not had much success in resolving the crisis that has befallen European countries, which are facing direct […]

Read More »

German fuel crisis will become something like ‘Lehman Crisis’, warns German Commerce Minister

German fuel crisis will become something like ‘Lehman Crisis’, warns German Commerce Minister

Berlin: Last week, Russia reduced the fuel supply to some leading European countries. Taking the Russian aggression into account, Germany declared an Alarm Stage in the fuel sector. German Commerce Minister Robert Habeck warned that if the situation does not improve soon or if Russia stops fuel supplies, the resulting fuel crisis will be like […]

Read More »

European countries to increase use of coal as an alternative to Russian fuel

European countries to increase use of coal as an alternative to Russian fuel

Berlin/Moscow: Leading European countries are panicking as Russia has reduced the fuel supplies. These European countries announcing ambitious green and renewable energy plans the last month have again turned to coal as an alternative fuel. Leading European countries Germany, Italy, Austria, Denmark, and the Netherlands have started coal-based power projects. The coal imports will be […]

Read More »

Pakistan not relieved from the ‘FATF Grey List’

Pakistan not relieved from the ‘FATF Grey List’

Berlin: The population of Pakistan was given the good news that Pakistan would be removed from the Grey List of countries prepared by the Financial Action Task Force (FATF). It was being dreamed that Pakistan’s trade with other countries would increase, investments would start coming into Pakistan. Consequently, Pakistan will be eligible for loans from […]

Read More »

Germany to redeploy troops in Bosnia

Germany to redeploy troops in Bosnia

Berlin: European countries are predicting instability in Balkan countries due to the Russia-Ukraine conflict. Germany has announced redeploying its troops in Bosnia over the stability concerns. The deployment will be under the peacekeeping mission of the European Union. With this, Germany will be deploying its forces in Bosnia after a decade. In the last decade, […]

Read More »

German companies from the financial sector under threat of Cyberattack, warns regulatory body

German companies from the financial sector under threat of Cyberattack, warns regulatory body

Berlin: The regulatory body warned that the threat of major cyberattacks on the German Financial institutions had significantly increased given the Russia-Ukraine conflict. Over the last two months, there had been cyberattacks on German companies from the energy and automobile sector. Following that, the Five Eyes group had warned only last month that Russia was […]

Read More »

No one will be victorious in Ukraine conflict, PM Modi warns during Germany visit

No one will be victorious in Ukraine conflict, PM Modi warns during Germany visit

Berlin: Prime Minister Narendra Modi once again clarified that no one will emerge victorious in the Russia-Ukraine conflict, and therefore India is promoting peace and demanding negotiations. The Indian Prime Minister once again presented the Indian stand frankly during his Germany visit. At the same time, Prime Minister Modi expressed confidence that the cooperation between […]

Read More »

Germany, Austria and Italy to pay Russian fuel bill in Roubles, claims media

Germany, Austria and Italy to pay Russian fuel bill in Roubles, claims media

Berlin/Moscow: The European countries, cornered after Russia stopped fuel supplies to Poland and Bulgaria, have expressed willingness to pay Russian debts in Roubles. These include Austria and Slovakia, along with Germany, the leading European country. While indications were being received that the European Union is uniting against Russia, this report has created a stir in […]

Read More »