Europe’s 20-nation Eurozone slips into recession

Europe’s 20-nation Eurozone slips into recession

Brussels – The ‘Eurozone’, consisting of Europe’s 20 top economies, has been hit by recession. The three months from January to March of 2023, following the last quarter of 2022, also saw a decline in the eurozone economy. Whenever the growth rate of an economy shows negative growth for two consecutive quarters, that economy is […]

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China may interfere in the British PM-election via Cyberattacks – warn security-related sources

China may interfere in the British PM-election via Cyberattacks – warn security-related sources

London: The election process for the Prime Minister is being carried out by the ruling Conservative party in the United Kingdom. Security-related sources claimed that China could interfere in the process through cyberattacks. Russia attempted to influence the Brexit poll held in 2016 through cyberattacks. Sources warned that China could repeat the same. Moreover, incumbent […]

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Ukraine conflict has increased uncertainty in the global economy: IMF

Ukraine conflict has increased uncertainty in the global economy: IMF

Washington: The uncertainty in the global economy has increased further due to the Ukraine conflict. International Monetary Fund (IMF) has warned that this uncertainty could slow down the global economy. The IMF will be releasing a report named ‘World Economic Outlook 2022’ in the next few days. This warning becomes significant against this background. Besides, […]

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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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Indian PM Modi & UK PM Johnson hold bilateral talks on sidelines of COP26 Summit

Indian PM Modi & UK PM Johnson hold bilateral talks on sidelines of COP26 Summit

Glasgow: – The Prime Ministers of India and the United Kingdom discussed bilateral cooperation on the backdrop of the COP 26 Summit, which started in Glasgow, United Kingdom (UK). On Monday, the Indian Ministry of External Affairs revealed information regarding the meeting. It clarified that the talks were focused on the economy, including green hydrogen, […]

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