Brussels: It has been exposed that the inflation has flared up to record levels in the European countries against the background of the Russia-Ukraine conflict. In April, the inflation rate was recorded at 7.5% in the Eurozone, a part of the European Union. This is a record for the last 25 years. It has been […]
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Beijing: While the outbreak of the Coronavirus pandemic and the lockdowns imposed given the pandemic are adding to the discontent of the Chinese population, a more disturbing report has surfaced. It has been exposed that there is a huge growth in unemployment among the youth in the urban regions. The Chinese National Bureau of Statistics […]
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Washington: If the Chinese government intends to make its currency Yuan the global reserves currency, they have to implement more reforms. The International Monetary Fund (IMF) advised that China will have to lift restrictions on the capital marketplace and decide to make the currency fully convertible. Gita Gopinath, the Chief Economist at the IMF, gave […]
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Beijing/Karachi: An intense reaction has been received from China to the attack in Karachi, targeting Chinese citizens. The Chinese foreign ministry warned that the attack perpetrators would have to face dire consequences. Whereas, the Chinese mouthpiece demanded airstrikes on the locations of the Baloch rebels in Pakistan. Meanwhile, the ‘Majid Brigade’ among the Baloch rebels […]
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Tashkent: Russia will be stressing transactions in the national currency with its trading partners. Denis Manturov, Minister of Industry and Trade of the Russian Federation, appealed that these countries also should reduce the use of USD and Euro. ‘Russia has organised an international Trade Fair’ in Tashkent, the capital of Uzbekistan. The Russian Trade Minister […]
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Islamabad: Four people were killed in a suicide bomb attack in the Pakistani city of Karachi on Tuesday. The dead include three Chinese citizens. Rebel organisation Baloch Liberation Army (BLA) accepted the responsibility for the attack. China has given an angry reaction to the attack targeting its citizens. China has demanded that the Pakistan government […]
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Tehran/Kabul: – The Iran-Afghanistan border was closed for some time following an encounter between the Iranian and Afghan soldiers. Iran has accused the Taliban of illegally building roads in the Iranian territory. After that, Afghanistan closed the main border connected to the Herat province. Taliban has started this construction in the Islam Qala District in […]
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Khartoum: – More than 160 people were killed, and more than a hundred others were injured in the ethnic clashes in the West Darfur province of Sudan. Local sources informed that violence was sparked in the Kreinik region of West Darfur. It is revealed that thousands had to migrate because of the fresh violence. It […]
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Istanbul: Turkey has closed its airspace for Russian passenger and military airplanes flying to Syria. Turkey clarified that this ban on Russian planes would be in place for the next three months. Therefore, the Russian airplanes flying to Syria will have to take a detour around Azerbaijan to reach Syria. This could provoke a strong […]
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Nairobi: The east African countries of Burundi, Kenya, Rwanda, Sudan, Tanzania, Uganda and Democratic Republic (DR) Congo have decided to come together to build an independent military organisation. The UN Peacekeepers have failed to end the terrorism raging for the last few decades in DR Congo. Therefore, the east African countries concurred that there is […]
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