Washington/London/Tokyo – Despite the assurances given by President Joe Biden in the wake of the US banking crisis, uncertainty among global investors still remains. This has had a strong impact on global stock markets, including the US and stocks in the banking sector have taken a huge hit. In the US alone, banks suffered losses […]
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Washington – Silicon Valley Bank’s (SVB) announcement of bankruptcy in the US is the second-largest insolvency case of the bank since 2008. This has caused serious repercussions around the world. Silicon Valley Bank was the leading and the biggest lender to technology startups in various countries, including the US and UK. Israeli Prime Minister Benjamin […]
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Washington: ‘In the future, human society will face unprecedented threats. These threats are slowly building up and we are doing nothing to prevent them,’ warned Nouriel Roubini, a leading American economist. At this time, Roubini compared the dangers of the future to a slow-motion train wreck. American economists warned that the whole world is moving […]
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Kabul: The Islamic State in Khorasan Province-ISKP launched a terrorist attack in Kabul, the capital of Afghanistan. Three people were killed and 21 injured in this attack on a guest house frequented by Chinese officials. Chinese nationals are claimed to be among the wounded. Just last week, Pakistan’s embassy in Kabul was targeted by terrorists. […]
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Berlin: The federation of German Industries’ chief, the apex body of the industry, issued a serious warning that 25% of the companies in Germany have been preparing to leave the country due to the energy crisis created against the backdrop of the Russia-Ukraine conflict. Other senior officials have confirmed this in Germany, and they allege […]
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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 […]
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Bern: The conflict in Ukraine is not the cause of the current global energy crisis. However, the chief of the world’s leading fuel company, Aramco, blamed the fuel sector’s reduced investment and insufficient options and backup plans as the main reasons. The chief of Aramco, Amin Nasser, strongly criticised the decisions of Western countries at […]
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Islamabad: Another disaster looms after the terrible floods in Pakistan. The World Health Organisation (WHO) has warned that there will be a wave of diseases in Pakistan, and it will claim many lives. The main reason is that Pakistan does not have the necessary stock of medicines and medical facilities to contain the epidemic. Consequently, […]
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Washington: The severity of the crisis of refugees entering the United States is increasing daily. A non-governmental organization in the US reportedly claimed that more than 5 million illegal immigrants entered the US during the administration of President Joe Biden. The Biden administration has also been accused of spending 20 billion dollars of US taxpayers’ […]
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Kabul: The terrorist organisation ‘IS-Khorasan’ claimed responsibility for the suicide attack on the Russian Embassy in Afghanistan. IS announced its suicide bomber targeted a Russian diplomatic official and caused the blast. Besides, the Taliban has alleged that the terrorist who attacked the Russian embassy was trained by special forces abroad. On Monday morning, a powerful […]
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